Toho Co (Germany) Market Value
| TOH Stock | EUR 41.80 0.80 1.95% |
| Symbol | Toho |
Toho Co '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 Toho Co'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 Toho Co.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Toho Co on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Toho Co or generate 0.0% return on investment in Toho Co over 30 days. Toho Co is related to or competes with Dolby Laboratories, CTS Eventim, Lions Gate, Fuji Media, and Rai Way. Toho Co., Ltd. engages in the motion picture, theatrical production, and real estate management businesses in Japan More
Toho Co 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 Toho Co'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 Toho Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.1099 | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 2.23 |
Toho Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toho Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toho Co's standard deviation. In reality, there are many statistical measures that can use Toho Co historical prices to predict the future Toho Co's volatility.| Risk Adjusted Performance | 0.1567 | |||
| Jensen Alpha | 0.2228 | |||
| Total Risk Alpha | 0.0713 | |||
| Sortino Ratio | 0.1184 | |||
| Treynor Ratio | 1.35 |
Toho Co Backtested Returns
Toho Co appears to be very steady, given 3 months investment horizon. Toho Co owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Toho Co, which you can use to evaluate the volatility of the company. Please review Toho Co's Semi Deviation of 0.7709, coefficient of variation of 499.38, and Risk Adjusted Performance of 0.1567 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Toho Co holds a performance score of 13. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Toho Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toho Co is expected to be smaller as well. Please check Toho Co's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Toho Co's existing price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Toho Co has below average predictability. Overlapping area represents the amount of predictability between Toho Co time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Toho Co price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Toho Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 4.04 |
Toho Co lagged returns against current returns
Autocorrelation, which is Toho Co 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 Toho Co's stock expected returns. We can calculate the autocorrelation of Toho Co returns to help us make a trade decision. For example, suppose you find that Toho Co 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 |
Toho Co 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 Toho Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toho Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toho Co stock over time.
Current vs Lagged Prices |
| Timeline |
Toho Co Lagged Returns
When evaluating Toho Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toho Co stock have on its future price. Toho Co 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, Toho Co autocorrelation shows the relationship between Toho Co stock current value and its past values and can show if there is a momentum factor associated with investing in Toho Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Toho Stock
Toho Co financial ratios help investors to determine whether Toho 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 Toho with respect to the benefits of owning Toho Co security.