Monotaro Co Stock Market Value
| MONOY Stock | USD 17.42 0.42 2.47% |
| Symbol | Monotaro |
Monotaro 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Monotaro's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Monotaro.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Monotaro on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Monotaro Co or generate 0.0% return on investment in Monotaro over 540 days. Monotaro is related to or competes with Phonex, Delivery Hero, 1StdibsCom, Natural Health, Hour Loop, Liquidity Services, and Qurate Retail. MonotaRO Co., Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally More
Monotaro Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Monotaro's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Monotaro Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.0263 | |||
| Maximum Drawdown | 14.11 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 5.34 |
Monotaro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monotaro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monotaro's standard deviation. In reality, there are many statistical measures that can use Monotaro historical prices to predict the future Monotaro's volatility.| Risk Adjusted Performance | 0.0599 | |||
| Jensen Alpha | 0.1192 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | 0.3 |
Monotaro Backtested Returns
Monotaro appears to be somewhat reliable, given 3 months investment horizon. Monotaro has Sharpe Ratio of 0.0756, which conveys that the firm had a 0.0756% return per unit of risk over the last 3 months. We have found thirty technical indicators for Monotaro, which you can use to evaluate the volatility of the firm. Please exercise Monotaro's Risk Adjusted Performance of 0.0599, downside deviation of 2.67, and Mean Deviation of 2.22 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Monotaro holds a performance score of 5. The company secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Monotaro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monotaro is expected to be smaller as well. Please check Monotaro's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Monotaro's current price movements will revert.
Auto-correlation | -0.53 |
Good reverse predictability
Monotaro Co has good reverse predictability. Overlapping area represents the amount of predictability between Monotaro time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Monotaro price movement. The serial correlation of -0.53 indicates that about 53.0% of current Monotaro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 6.07 |
Monotaro lagged returns against current returns
Autocorrelation, which is Monotaro pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Monotaro's pink sheet expected returns. We can calculate the autocorrelation of Monotaro returns to help us make a trade decision. For example, suppose you find that Monotaro has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Monotaro regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Monotaro pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monotaro pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monotaro pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Monotaro Lagged Returns
When evaluating Monotaro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monotaro pink sheet have on its future price. Monotaro autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Monotaro autocorrelation shows the relationship between Monotaro pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Monotaro Co.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Monotaro Pink Sheet Analysis
When running Monotaro's price analysis, check to measure Monotaro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Monotaro is operating at the current time. Most of Monotaro's value examination focuses on studying past and present price action to predict the probability of Monotaro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monotaro's price. Additionally, you may evaluate how the addition of Monotaro to your portfolios can decrease your overall portfolio volatility.