Tokyo Electron Stock Market Value
| TOELF Stock | USD 156.50 9.68 5.83% |
| Symbol | Tokyo |
Tokyo Electron '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 Tokyo Electron'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 Tokyo Electron.
| 10/23/2023 |
| 12/16/2024 |
If you would invest 0.00 in Tokyo Electron on October 23, 2023 and sell it all today you would earn a total of 0.00 from holding Tokyo Electron or generate 0.0% return on investment in Tokyo Electron over 420 days. Tokyo Electron is related to or competes with Lasertec, and Sumco Corp. Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel d... More
Tokyo Electron 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 Tokyo Electron'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 Tokyo Electron upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.02 | |||
| Value At Risk | (4.89) | |||
| Potential Upside | 6.28 |
Tokyo Electron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokyo Electron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tokyo Electron's standard deviation. In reality, there are many statistical measures that can use Tokyo Electron historical prices to predict the future Tokyo Electron's volatility.| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
Tokyo Electron Backtested Returns
At this point, Tokyo Electron is very steady. Tokyo Electron owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0242, which indicates the firm had a 0.0242% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tokyo Electron, which you can use to evaluate the volatility of the company. Please validate Tokyo Electron's Risk Adjusted Performance of 0.008, coefficient of variation of 3808363.89, and Semi Deviation of 3.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.088%. Tokyo Electron has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tokyo Electron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tokyo Electron is expected to be smaller as well. Tokyo Electron right now has a risk of 3.63%. Please validate Tokyo Electron treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Tokyo Electron will be following its existing price patterns.
Auto-correlation | -0.83 |
Excellent reverse predictability
Tokyo Electron has excellent reverse predictability. Overlapping area represents the amount of predictability between Tokyo Electron time series from 23rd of October 2023 to 20th of May 2024 and 20th of May 2024 to 16th 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 Tokyo Electron price movement. The serial correlation of -0.83 indicates that around 83.0% of current Tokyo Electron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 765.87 |
Tokyo Electron lagged returns against current returns
Autocorrelation, which is Tokyo Electron 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 Tokyo Electron's pink sheet expected returns. We can calculate the autocorrelation of Tokyo Electron returns to help us make a trade decision. For example, suppose you find that Tokyo Electron 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 |
Tokyo Electron 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 Tokyo Electron pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tokyo Electron pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tokyo Electron pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tokyo Electron Lagged Returns
When evaluating Tokyo Electron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tokyo Electron pink sheet have on its future price. Tokyo Electron 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, Tokyo Electron autocorrelation shows the relationship between Tokyo Electron pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tokyo Electron.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tokyo Pink Sheet
Tokyo Electron financial ratios help investors to determine whether Tokyo Pink Sheet 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 Tokyo with respect to the benefits of owning Tokyo Electron security.