Murata Manufacturing Stock Market Value
| MRAAY Stock | USD 8.31 0.05 0.60% |
| Symbol | Murata |
Murata Manufacturing '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 Murata Manufacturing'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 Murata Manufacturing.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Murata Manufacturing on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Murata Manufacturing or generate 0.0% return on investment in Murata Manufacturing over 30 days. Murata Manufacturing is related to or competes with Celestica, Flex, OSI Systems, Data IO, Methode Electronics, Benchmark Electronics, and Bel Fuse. Murata Manufacturing Co., Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solution... More
Murata Manufacturing 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 Murata Manufacturing'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 Murata Manufacturing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.94 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.26 |
Murata Manufacturing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Murata Manufacturing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Murata Manufacturing's standard deviation. In reality, there are many statistical measures that can use Murata Manufacturing historical prices to predict the future Murata Manufacturing's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.69) |
Murata Manufacturing Backtested Returns
Murata Manufacturing has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Murata Manufacturing exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Murata Manufacturing's Mean Deviation of 1.47, risk adjusted performance of (0.09), and Standard Deviation of 2.03 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Murata Manufacturing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Murata Manufacturing is expected to be smaller as well. At this point, Murata Manufacturing has a negative expected return of -0.29%. Please make sure to verify Murata Manufacturing's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Murata Manufacturing performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Murata Manufacturing has poor reverse predictability. Overlapping area represents the amount of predictability between Murata Manufacturing time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Murata Manufacturing price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Murata Manufacturing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Murata Manufacturing lagged returns against current returns
Autocorrelation, which is Murata Manufacturing 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 Murata Manufacturing's pink sheet expected returns. We can calculate the autocorrelation of Murata Manufacturing returns to help us make a trade decision. For example, suppose you find that Murata Manufacturing 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 |
Murata Manufacturing 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 Murata Manufacturing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Murata Manufacturing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Murata Manufacturing pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Murata Manufacturing Lagged Returns
When evaluating Murata Manufacturing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Murata Manufacturing pink sheet have on its future price. Murata Manufacturing 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, Murata Manufacturing autocorrelation shows the relationship between Murata Manufacturing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Murata Manufacturing.
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 Murata Pink Sheet Analysis
When running Murata Manufacturing's price analysis, check to measure Murata Manufacturing'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 Murata Manufacturing is operating at the current time. Most of Murata Manufacturing's value examination focuses on studying past and present price action to predict the probability of Murata Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Murata Manufacturing's price. Additionally, you may evaluate how the addition of Murata Manufacturing to your portfolios can decrease your overall portfolio volatility.