BANDAI NAMCO (Germany) Market Value
| N9B Stock | EUR 22.96 0.61 2.73% |
| Symbol | BANDAI |
BANDAI NAMCO '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 BANDAI NAMCO's stock 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 BANDAI NAMCO.
| 09/25/2024 |
| 12/24/2024 |
If you would invest 0.00 in BANDAI NAMCO on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding BANDAI NAMCO Holdings or generate 0.0% return on investment in BANDAI NAMCO over 90 days. BANDAI NAMCO is related to or competes with Booking Holdings, ANTA Sports, Li Ning, Royal Caribbean, SHIMANO INC, Expedia, and Shimano. BANDAI NAMCO Holdings Inc. develops entertainment-related products and services worldwide More
BANDAI NAMCO 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 BANDAI NAMCO's stock 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 BANDAI NAMCO Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1322 | |||
| Maximum Drawdown | 117.03 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.84 |
BANDAI NAMCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BANDAI NAMCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANDAI NAMCO's standard deviation. In reality, there are many statistical measures that can use BANDAI NAMCO historical prices to predict the future BANDAI NAMCO's volatility.| Risk Adjusted Performance | 0.116 | |||
| Jensen Alpha | 1.85 | |||
| Total Risk Alpha | 1.46 | |||
| Sortino Ratio | 1.02 | |||
| Treynor Ratio | 1.92 |
BANDAI NAMCO Holdings Backtested Returns
BANDAI NAMCO is slightly risky given 3 months investment horizon. BANDAI NAMCO Holdings secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.95% are justified by taking the suggested risk. Use BANDAI NAMCO Semi Deviation of 0.8644, mean deviation of 3.98, and Coefficient Of Variation of 743.36 to evaluate company specific risk that cannot be diversified away. BANDAI NAMCO holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. BANDAI NAMCO returns are very sensitive to returns on the market. As the market goes up or down, BANDAI NAMCO is expected to follow. Use BANDAI NAMCO sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on BANDAI NAMCO.
Auto-correlation | -0.16 |
Insignificant reverse predictability
BANDAI NAMCO Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between BANDAI NAMCO time series from 25th of September 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 BANDAI NAMCO Holdings price movement. The serial correlation of -0.16 indicates that over 16.0% of current BANDAI NAMCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.65 |
BANDAI NAMCO Holdings lagged returns against current returns
Autocorrelation, which is BANDAI NAMCO stock'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 BANDAI NAMCO's stock expected returns. We can calculate the autocorrelation of BANDAI NAMCO returns to help us make a trade decision. For example, suppose you find that BANDAI NAMCO has exhibited high autocorrelation historically, and you observe that the stock 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 |
BANDAI NAMCO 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 BANDAI NAMCO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BANDAI NAMCO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BANDAI NAMCO stock over time.
Current vs Lagged Prices |
| Timeline |
BANDAI NAMCO Lagged Returns
When evaluating BANDAI NAMCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BANDAI NAMCO stock have on its future price. BANDAI NAMCO 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, BANDAI NAMCO autocorrelation shows the relationship between BANDAI NAMCO stock current value and its past values and can show if there is a momentum factor associated with investing in BANDAI NAMCO Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BANDAI Stock
BANDAI NAMCO financial ratios help investors to determine whether BANDAI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BANDAI with respect to the benefits of owning BANDAI NAMCO security.