Toppan Printing's market value is the price at which a share of Toppan Printing trades on a public exchange. It measures the collective expectations of Toppan Printing investors about its performance. Toppan Printing is trading at 13.26 as of the 8th of January 2025; that is 0.45 percent increase since the beginning of the trading day. The stock's open price was 13.2. With this module, you can estimate the performance of a buy and hold strategy of Toppan Printing and determine expected loss or profit from investing in Toppan Printing over a given investment horizon. Check out Toppan Printing Correlation, Toppan Printing Volatility and Toppan Printing Alpha and Beta module to complement your research on Toppan Printing.
Please note, there is a significant difference between Toppan Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toppan Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toppan Printing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Toppan Printing '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 Toppan Printing'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 Toppan Printing.
0.00
12/09/2024
No Change 0.00
0.0
In 30 days
01/08/2025
0.00
If you would invest 0.00 in Toppan Printing on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Toppan Printing or generate 0.0% return on investment in Toppan Printing over 30 days. Toppan Printing is related to or competes with Cass Information, Civeo Corp, BrightView Holdings, Maximus, First Advantage, Team, and LegalZoom. Toppan Inc. develops solutions based on its printing technologies worldwide More
Toppan Printing 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 Toppan Printing'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 Toppan Printing upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toppan Printing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toppan Printing's standard deviation. In reality, there are many statistical measures that can use Toppan Printing historical prices to predict the future Toppan Printing's volatility.
Toppan Printing owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0043, which indicates the firm had a -0.0043% return per unit of risk over the last 3 months. Toppan Printing exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toppan Printing's Risk Adjusted Performance of 0.018, coefficient of variation of 8554.54, and Semi Deviation of 4.24 to confirm the risk estimate we provide. The entity has a beta of -0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Toppan Printing are expected to decrease at a much lower rate. During the bear market, Toppan Printing is likely to outperform the market. At this point, Toppan Printing has a negative expected return of -0.021%. Please make sure to validate Toppan Printing's total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if Toppan Printing performance from the past will be repeated at some point in the near future.
Auto-correlation
0.21
Weak predictability
Toppan Printing has weak predictability. Overlapping area represents the amount of predictability between Toppan Printing time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Toppan Printing price movement. The serial correlation of 0.21 indicates that over 21.0% of current Toppan Printing price fluctuation can be explain by its past prices.
Correlation Coefficient
0.21
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
0.32
Toppan Printing lagged returns against current returns
Autocorrelation, which is Toppan Printing 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 Toppan Printing's pink sheet expected returns. We can calculate the autocorrelation of Toppan Printing returns to help us make a trade decision. For example, suppose you find that Toppan Printing 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
Toppan Printing 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 Toppan Printing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toppan Printing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toppan Printing pink sheet over time.
Current vs Lagged Prices
Timeline
Toppan Printing Lagged Returns
When evaluating Toppan Printing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toppan Printing pink sheet have on its future price. Toppan Printing 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, Toppan Printing autocorrelation shows the relationship between Toppan Printing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Toppan Printing.
Regressed Prices
Timeline
Also Currently Popular
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.
When running Toppan Printing's price analysis, check to measure Toppan Printing'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 Toppan Printing is operating at the current time. Most of Toppan Printing's value examination focuses on studying past and present price action to predict the probability of Toppan Printing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toppan Printing's price. Additionally, you may evaluate how the addition of Toppan Printing to your portfolios can decrease your overall portfolio volatility.