Yamaha Corp (Germany) Market Value
| YHA Stock | 6.68 0.18 2.77% |
| Symbol | Yamaha |
Yamaha Corp '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 Corp'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 Corp.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Yamaha Corp on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Yamaha Corp or generate 0.0% return on investment in Yamaha Corp over 30 days.
Yamaha Corp 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 Corp'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 Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.63 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.11 |
Yamaha Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yamaha Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yamaha Corp's standard deviation. In reality, there are many statistical measures that can use Yamaha Corp historical prices to predict the future Yamaha Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yamaha Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Yamaha Corp Backtested Returns
Yamaha Corp shows Sharpe Ratio of -0.0548, which attests that the company had a -0.0548% return per unit of risk over the last 3 months. Yamaha Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yamaha Corp's Market Risk Adjusted Performance of (0.27), standard deviation of 2.37, and Mean Deviation of 1.47 to validate the risk estimate we provide. The firm maintains a market beta of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yamaha Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yamaha Corp is expected to be smaller as well. At this point, Yamaha Corp has a negative expected return of -0.13%. Please make sure to check out Yamaha Corp's daily balance of power, and the relationship between the potential upside and day typical price , to decide if Yamaha Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Yamaha Corp has good reverse predictability. Overlapping area represents the amount of predictability between Yamaha Corp time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Yamaha Corp price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Yamaha Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Yamaha Corp lagged returns against current returns
Autocorrelation, which is Yamaha Corp 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 Corp's stock expected returns. We can calculate the autocorrelation of Yamaha Corp returns to help us make a trade decision. For example, suppose you find that Yamaha Corp 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 Corp 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 Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yamaha Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yamaha Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Yamaha Corp Lagged Returns
When evaluating Yamaha Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yamaha Corp stock have on its future price. Yamaha Corp 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 Corp autocorrelation shows the relationship between Yamaha Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Yamaha Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Yamaha Stock Analysis
When running Yamaha Corp's price analysis, check to measure Yamaha Corp'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 Corp is operating at the current time. Most of Yamaha Corp's value examination focuses on studying past and present price action to predict the probability of Yamaha Corp'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 Corp's price. Additionally, you may evaluate how the addition of Yamaha Corp to your portfolios can decrease your overall portfolio volatility.