Sankyo (Germany) Market Value
| SOK Stock | EUR 12.40 0.10 0.81% |
| Symbol | Sankyo |
Sankyo '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 Sankyo'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 Sankyo.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Sankyo on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Sankyo Co or generate 0.0% return on investment in Sankyo over 720 days. Sankyo is related to or competes with Flutter Entertainment, Evolution, Churchill Downs, Churchill Downs, La Franaise, Scientific Games, and Greek Organization. Sankyo Co., Ltd. manufactures and sells pachinko and pachislot machines in Japan More
Sankyo 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 Sankyo'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 Sankyo Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.15 |
Sankyo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sankyo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sankyo's standard deviation. In reality, there are many statistical measures that can use Sankyo historical prices to predict the future Sankyo's volatility.| Risk Adjusted Performance | 9.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.092 |
Sankyo Backtested Returns
At this point, Sankyo is not too volatile. Sankyo owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0084, which indicates the firm had a 0.0084% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Sankyo Co, which you can use to evaluate the volatility of the company. Please validate Sankyo's Coefficient Of Variation of (17,611), risk adjusted performance of 9.0E-4, and Variance of 2.95 to confirm if the risk estimate we provide is consistent with the expected return of 0.0143%. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sankyo are expected to decrease at a much lower rate. During the bear market, Sankyo is likely to outperform the market. Sankyo right now has a risk of 1.71%. Please validate Sankyo accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Sankyo will be following its existing price patterns.
Auto-correlation | 0.46 |
Average predictability
Sankyo Co has average predictability. Overlapping area represents the amount of predictability between Sankyo time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Sankyo price movement. The serial correlation of 0.46 indicates that about 46.0% of current Sankyo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
Sankyo lagged returns against current returns
Autocorrelation, which is Sankyo 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 Sankyo's stock expected returns. We can calculate the autocorrelation of Sankyo returns to help us make a trade decision. For example, suppose you find that Sankyo 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 |
Sankyo 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 Sankyo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sankyo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sankyo stock over time.
Current vs Lagged Prices |
| Timeline |
Sankyo Lagged Returns
When evaluating Sankyo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sankyo stock have on its future price. Sankyo 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, Sankyo autocorrelation shows the relationship between Sankyo stock current value and its past values and can show if there is a momentum factor associated with investing in Sankyo Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sankyo Stock
Sankyo financial ratios help investors to determine whether Sankyo 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 Sankyo with respect to the benefits of owning Sankyo security.