Shimano (Germany) Market Value
| SHM Stock | EUR 133.10 1.40 1.04% |
| Symbol | Shimano |
Shimano '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 Shimano'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 Shimano.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Shimano on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shimano or generate 0.0% return on investment in Shimano over 90 days. Shimano is related to or competes with Sumitomo Mitsui, Tradegate, Retail Estates, FLOW TRADERS, AGRICULTBK HADR25, SIDETRADE, and AUTO TRADER. Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment More
Shimano 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 Shimano'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 Shimano upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0766 | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.46 |
Shimano Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shimano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shimano's standard deviation. In reality, there are many statistical measures that can use Shimano historical prices to predict the future Shimano's volatility.| Risk Adjusted Performance | 0.0125 | |||
| Jensen Alpha | 0.0134 | |||
| Total Risk Alpha | 0.1893 | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | 0.0492 |
Shimano Backtested Returns
At this point, Shimano is very steady. Shimano owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0356, which indicates the firm had a 0.0356 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Shimano, which you can use to evaluate the volatility of the company. Please validate Shimano's Risk Adjusted Performance of 0.0125, coefficient of variation of 10428.91, and Semi Deviation of 1.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0548%. Shimano has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.0848, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shimano's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shimano is expected to be smaller as well. Shimano right now has a risk of 1.54%. Please validate Shimano jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Shimano will be following its existing price patterns.
Auto-correlation | 0.50 |
Modest predictability
Shimano has modest predictability. Overlapping area represents the amount of predictability between Shimano time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shimano price movement. The serial correlation of 0.5 indicates that about 50.0% of current Shimano price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 6.71 |
Shimano lagged returns against current returns
Autocorrelation, which is Shimano 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 Shimano's stock expected returns. We can calculate the autocorrelation of Shimano returns to help us make a trade decision. For example, suppose you find that Shimano 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 |
Shimano 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 Shimano stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shimano stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shimano stock over time.
Current vs Lagged Prices |
| Timeline |
Shimano Lagged Returns
When evaluating Shimano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shimano stock have on its future price. Shimano 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, Shimano autocorrelation shows the relationship between Shimano stock current value and its past values and can show if there is a momentum factor associated with investing in Shimano.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shimano Stock
Shimano financial ratios help investors to determine whether Shimano 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 Shimano with respect to the benefits of owning Shimano security.