Toray Industries' market value is the price at which a share of Toray Industries trades on a public exchange. It measures the collective expectations of Toray Industries ADR investors about its performance. Toray Industries is trading at 13.72 as of the 29th of March 2025; that is 2.63% down since the beginning of the trading day. The stock's open price was 14.09.
With this module, you can estimate the performance of a buy and hold strategy of Toray Industries ADR and determine expected loss or profit from investing in Toray Industries over a given investment horizon. Check out Toray Industries Correlation, Toray Industries Volatility and Toray Industries Alpha and Beta module to complement your research on Toray Industries.
Please note, there is a significant difference between Toray Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toray Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toray Industries' 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.
Toray Industries '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 Toray Industries' 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 Toray Industries.
0.00
12/29/2024
No Change 0.00
0.0
In 2 months and 31 days
03/29/2025
0.00
If you would invest 0.00 in Toray Industries on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Toray Industries ADR or generate 0.0% return on investment in Toray Industries over 90 days. Toray Industries is related to or competes with Secom Co, Asahi Kaisei, Mitsubishi Estate, Nitto Denko, and Sekisui House. Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performa... More
Toray Industries 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 Toray Industries' 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 Toray Industries ADR 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 Toray Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toray Industries' standard deviation. In reality, there are many statistical measures that can use Toray Industries historical prices to predict the future Toray Industries' volatility.
At this stage we consider Toray Pink Sheet to be not too volatile. Toray Industries ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0698, which indicates the firm had a 0.0698 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Toray Industries ADR, which you can use to evaluate the volatility of the company. Please validate Toray Industries' Semi Deviation of 2.71, coefficient of variation of 1492.18, and Risk Adjusted Performance of 0.0638 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Toray Industries has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. Toray Industries returns are very sensitive to returns on the market. As the market goes up or down, Toray Industries is expected to follow. Toray Industries ADR right now has a risk of 2.43%. Please validate Toray Industries downside variance, as well as the relationship between the daily balance of power and relative strength index , to decide if Toray Industries will be following its existing price patterns.
Auto-correlation
0.77
Good predictability
Toray Industries ADR has good predictability. Overlapping area represents the amount of predictability between Toray Industries time series from 29th of December 2024 to 12th of February 2025 and 12th of February 2025 to 29th 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 Toray Industries ADR price movement. The serial correlation of 0.77 indicates that around 77.0% of current Toray Industries price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.67
Residual Average
0.0
Price Variance
0.29
Toray Industries ADR lagged returns against current returns
Autocorrelation, which is Toray Industries 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 Toray Industries' pink sheet expected returns. We can calculate the autocorrelation of Toray Industries returns to help us make a trade decision. For example, suppose you find that Toray Industries 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
Toray Industries 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 Toray Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toray Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toray Industries pink sheet over time.
Current vs Lagged Prices
Timeline
Toray Industries Lagged Returns
When evaluating Toray Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toray Industries pink sheet have on its future price. Toray Industries 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, Toray Industries autocorrelation shows the relationship between Toray Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Toray Industries ADR.
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 Toray Industries' price analysis, check to measure Toray Industries' 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 Toray Industries is operating at the current time. Most of Toray Industries' value examination focuses on studying past and present price action to predict the probability of Toray Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toray Industries' price. Additionally, you may evaluate how the addition of Toray Industries to your portfolios can decrease your overall portfolio volatility.