Toshiba Tec (Germany) Market Value
| TECA Stock | EUR 17.30 0.20 1.14% |
| Symbol | Toshiba |
Toshiba Tec '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 Toshiba Tec'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 Toshiba Tec.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Toshiba Tec on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Toshiba Tec or generate 0.0% return on investment in Toshiba Tec over 90 days. Toshiba Tec is related to or competes with BANK OF CHINA -H-, UNICREDIT SPA, LAir Liquide, Westinghouse Air, Postal Savings, Chiba Bank, and S E. Toshiba Tec Corporation, together with its subsidiaries, develops, manufactures, sells, and maintains retail and printin... More
Toshiba Tec 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 Toshiba Tec'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 Toshiba Tec upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 3.17 |
Toshiba Tec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toshiba Tec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toshiba Tec's standard deviation. In reality, there are many statistical measures that can use Toshiba Tec historical prices to predict the future Toshiba Tec's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (3.35) |
Toshiba Tec Backtested Returns
Toshiba Tec owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23 % return per unit of risk over the last 3 months. Toshiba Tec exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toshiba Tec's Coefficient Of Variation of (602.19), risk adjusted performance of (0.14), and Variance of 3.95 to confirm the risk estimate we provide. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Toshiba Tec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toshiba Tec is expected to be smaller as well. At this point, Toshiba Tec has a negative expected return of -0.46%. Please make sure to validate Toshiba Tec's kurtosis, rate of daily change, and the relationship between the skewness and daily balance of power , to decide if Toshiba Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Toshiba Tec has good predictability. Overlapping area represents the amount of predictability between Toshiba Tec time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Toshiba Tec price movement. The serial correlation of 0.75 indicates that around 75.0% of current Toshiba Tec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Toshiba Tec lagged returns against current returns
Autocorrelation, which is Toshiba Tec 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 Toshiba Tec's stock expected returns. We can calculate the autocorrelation of Toshiba Tec returns to help us make a trade decision. For example, suppose you find that Toshiba Tec 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 |
Toshiba Tec 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 Toshiba Tec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toshiba Tec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toshiba Tec stock over time.
Current vs Lagged Prices |
| Timeline |
Toshiba Tec Lagged Returns
When evaluating Toshiba Tec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toshiba Tec stock have on its future price. Toshiba Tec 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, Toshiba Tec autocorrelation shows the relationship between Toshiba Tec stock current value and its past values and can show if there is a momentum factor associated with investing in Toshiba Tec.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Toshiba Stock
Toshiba Tec financial ratios help investors to determine whether Toshiba 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 Toshiba with respect to the benefits of owning Toshiba Tec security.