YAMAHA PSPADR1's market value is the price at which a share of YAMAHA PSPADR1 trades on a public exchange. It measures the collective expectations of YAMAHA PSPADR1 ON investors about its performance. YAMAHA PSPADR1 is trading at 6.65 as of the 17th of December 2024. This is a 0.75% down since the beginning of the trading day. The stock's lowest day price was 6.65. With this module, you can estimate the performance of a buy and hold strategy of YAMAHA PSPADR1 ON and determine expected loss or profit from investing in YAMAHA PSPADR1 over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
YAMAHA
YAMAHA PSPADR1 '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 PSPADR1'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 PSPADR1.
0.00
11/17/2024
No Change 0.00
0.0
In 31 days
12/17/2024
0.00
If you would invest 0.00 in YAMAHA PSPADR1 on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding YAMAHA PSPADR1 ON or generate 0.0% return on investment in YAMAHA PSPADR1 over 30 days.
YAMAHA PSPADR1 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 PSPADR1'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 PSPADR1 ON 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 YAMAHA PSPADR1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YAMAHA PSPADR1's standard deviation. In reality, there are many statistical measures that can use YAMAHA PSPADR1 historical prices to predict the future YAMAHA PSPADR1's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as YAMAHA PSPADR1. Your research has to be compared to or analyzed against YAMAHA PSPADR1's peers to derive any actionable benefits. When done correctly, YAMAHA PSPADR1's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in YAMAHA PSPADR1 ON.
YAMAHA PSPADR1 ON Backtested Returns
YAMAHA PSPADR1 ON shows Sharpe Ratio of -0.0536, which attests that the company had a -0.0536% return per unit of standard deviation over the last 3 months. YAMAHA PSPADR1 ON exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YAMAHA PSPADR1's Mean Deviation of 1.41, risk adjusted performance of (0.03), and Standard Deviation of 2.1 to validate the risk estimate we provide. The firm maintains a market beta of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YAMAHA PSPADR1's returns are expected to increase less than the market. However, during the bear market, the loss of holding YAMAHA PSPADR1 is expected to be smaller as well. At this point, YAMAHA PSPADR1 ON has a negative expected return of -0.11%. Please make sure to check out YAMAHA PSPADR1's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if YAMAHA PSPADR1 ON performance from the past will be repeated at future time.
Auto-correlation
-0.62
Very good reverse predictability
YAMAHA PSPADR1 ON has very good reverse predictability. Overlapping area represents the amount of predictability between YAMAHA PSPADR1 time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 PSPADR1 ON price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current YAMAHA PSPADR1 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.62
Spearman Rank Test
-0.37
Residual Average
0.0
Price Variance
0.01
YAMAHA PSPADR1 ON lagged returns against current returns
Autocorrelation, which is YAMAHA PSPADR1 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 PSPADR1's stock expected returns. We can calculate the autocorrelation of YAMAHA PSPADR1 returns to help us make a trade decision. For example, suppose you find that YAMAHA PSPADR1 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 PSPADR1 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 PSPADR1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YAMAHA PSPADR1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YAMAHA PSPADR1 stock over time.
Current vs Lagged Prices
Timeline
YAMAHA PSPADR1 Lagged Returns
When evaluating YAMAHA PSPADR1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YAMAHA PSPADR1 stock have on its future price. YAMAHA PSPADR1 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 PSPADR1 autocorrelation shows the relationship between YAMAHA PSPADR1 stock current value and its past values and can show if there is a momentum factor associated with investing in YAMAHA PSPADR1 ON.