Teijin Stock Market Value
| TINLY Stock | USD 8.33 0.17 2.00% |
| Symbol | Teijin |
Teijin '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 Teijin's pink sheet 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 Teijin.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Teijin on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Teijin or generate 0.0% return on investment in Teijin over 30 days. Teijin is related to or competes with Toray Industries, Nitto Denko, NSK, Secom Co, and Toto. Teijin Limited engages in the fibers, films and sheets, composites, healthcare, and IT businesses worldwide More
Teijin 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 Teijin's pink sheet 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 Teijin upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 4.09 |
Teijin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teijin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teijin's standard deviation. In reality, there are many statistical measures that can use Teijin historical prices to predict the future Teijin's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.18) |
Teijin Backtested Returns
Teijin owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0781, which indicates the firm had a -0.0781% return per unit of risk over the last 3 months. Teijin exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teijin's Variance of 8.0, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,310) to confirm the risk estimate we provide. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Teijin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teijin is expected to be smaller as well. At this point, Teijin has a negative expected return of -0.21%. Please make sure to validate Teijin's information ratio, skewness, as well as the relationship between the Skewness and price action indicator , to decide if Teijin performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Teijin has good predictability. Overlapping area represents the amount of predictability between Teijin time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Teijin price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Teijin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Teijin lagged returns against current returns
Autocorrelation, which is Teijin pink sheet'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 Teijin's pink sheet expected returns. We can calculate the autocorrelation of Teijin returns to help us make a trade decision. For example, suppose you find that Teijin has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Teijin 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 Teijin pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teijin pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teijin pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Teijin Lagged Returns
When evaluating Teijin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teijin pink sheet have on its future price. Teijin 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, Teijin autocorrelation shows the relationship between Teijin pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Teijin.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Teijin Pink Sheet Analysis
When running Teijin's price analysis, check to measure Teijin'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 Teijin is operating at the current time. Most of Teijin's value examination focuses on studying past and present price action to predict the probability of Teijin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teijin's price. Additionally, you may evaluate how the addition of Teijin to your portfolios can decrease your overall portfolio volatility.