TDK (Germany) Market Value
| TDK Stock | 9.62 0.14 1.48% |
| Symbol | TDK |
TDK '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 TDK'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 TDK.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in TDK on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding TDK Corporation or generate 0.0% return on investment in TDK over 90 days. TDK is related to or competes with Altair Engineering, HF SINCLAIR, Ryanair Holdings, BOS BETTER, NORWEGIAN AIR, and LAir Liquide. More
TDK 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 TDK'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 TDK Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.21 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.36 |
TDK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TDK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TDK's standard deviation. In reality, there are many statistical measures that can use TDK historical prices to predict the future TDK's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.73) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TDK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TDK Corporation Backtested Returns
TDK Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17 % return per unit of volatility over the last 3 months. TDK Corporation exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TDK's variance of 5.17, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TDK's returns are expected to increase less than the market. However, during the bear market, the loss of holding TDK is expected to be smaller as well. At this point, TDK Corporation has a negative expected return of -0.41%. Please make sure to validate TDK's kurtosis, and the relationship between the treynor ratio and day median price , to decide if TDK Corporation performance from the past will be repeated at future time.
Auto-correlation | 0.65 |
Good predictability
TDK Corporation has good predictability. Overlapping area represents the amount of predictability between TDK time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 TDK Corporation price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current TDK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
TDK Corporation lagged returns against current returns
Autocorrelation, which is TDK 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 TDK's stock expected returns. We can calculate the autocorrelation of TDK returns to help us make a trade decision. For example, suppose you find that TDK 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 |
TDK 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 TDK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TDK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TDK stock over time.
Current vs Lagged Prices |
| Timeline |
TDK Lagged Returns
When evaluating TDK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TDK stock have on its future price. TDK 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, TDK autocorrelation shows the relationship between TDK stock current value and its past values and can show if there is a momentum factor associated with investing in TDK Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for TDK Stock Analysis
When running TDK's price analysis, check to measure TDK'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 TDK is operating at the current time. Most of TDK's value examination focuses on studying past and present price action to predict the probability of TDK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TDK's price. Additionally, you may evaluate how the addition of TDK to your portfolios can decrease your overall portfolio volatility.