YAMAHA P (Germany) Market Value
| YHA Stock | EUR 6.73 0.07 1.03% |
| Symbol | YAMAHA |
YAMAHA P '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 YAMAHA P'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 YAMAHA P.
| 01/16/2023 |
| 01/05/2025 |
If you would invest 0.00 in YAMAHA P on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding YAMAHA P or generate 0.0% return on investment in YAMAHA P over 720 days. YAMAHA P is related to or competes with JD SPORTS, Platinum Investment, DAIDO METAL, FIREWEED METALS, Aluminumof China, and Forsys Metals. More
YAMAHA P 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 YAMAHA P'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 YAMAHA P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 2.69 |
YAMAHA P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YAMAHA P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YAMAHA P's standard deviation. In reality, there are many statistical measures that can use YAMAHA P historical prices to predict the future YAMAHA P's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.3559 |
YAMAHA P Backtested Returns
YAMAHA P shows Sharpe Ratio of -0.11, which attests that the company had a -0.11% return per unit of standard deviation over the last 3 months. YAMAHA P exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YAMAHA P's Risk Adjusted Performance of (0.09), standard deviation of 2.16, and Mean Deviation of 1.47 to validate the risk estimate we provide. The firm maintains a market beta of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning YAMAHA P are expected to decrease at a much lower rate. During the bear market, YAMAHA P is likely to outperform the market. At this point, YAMAHA P has a negative expected return of -0.24%. Please make sure to check out YAMAHA P's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if YAMAHA P performance from the past will be repeated at future time.
Auto-correlation | -0.16 |
Insignificant reverse predictability
YAMAHA P has insignificant reverse predictability. Overlapping area represents the amount of predictability between YAMAHA P time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th 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 YAMAHA P price movement. The serial correlation of -0.16 indicates that over 16.0% of current YAMAHA P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
YAMAHA P lagged returns against current returns
Autocorrelation, which is YAMAHA P 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 YAMAHA P's stock expected returns. We can calculate the autocorrelation of YAMAHA P returns to help us make a trade decision. For example, suppose you find that YAMAHA P 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 |
YAMAHA P 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 YAMAHA P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YAMAHA P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YAMAHA P stock over time.
Current vs Lagged Prices |
| Timeline |
YAMAHA P Lagged Returns
When evaluating YAMAHA P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YAMAHA P stock have on its future price. YAMAHA P 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, YAMAHA P autocorrelation shows the relationship between YAMAHA P stock current value and its past values and can show if there is a momentum factor associated with investing in YAMAHA P .
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for YAMAHA Stock Analysis
When running YAMAHA P's price analysis, check to measure YAMAHA P'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 YAMAHA P is operating at the current time. Most of YAMAHA P's value examination focuses on studying past and present price action to predict the probability of YAMAHA P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YAMAHA P's price. Additionally, you may evaluate how the addition of YAMAHA P to your portfolios can decrease your overall portfolio volatility.