Aisin Seiki Co Stock Market Value
| ASEKY Stock | USD 39.18 0.62 1.56% |
| Symbol | Aisin |
Aisin Seiki '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 Aisin Seiki'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 Aisin Seiki.
| 04/29/2022 |
| 04/18/2024 |
If you would invest 0.00 in Aisin Seiki on April 29, 2022 and sell it all today you would earn a total of 0.00 from holding Aisin Seiki Co or generate 0.0% return on investment in Aisin Seiki over 720 days. Aisin Seiki is related to or competes with Mobileye Global, and Aptiv PLC. Aisin Corporation manufactures and sells automotive parts, and energy- and lifestyle-related products More
Aisin Seiki 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 Aisin Seiki'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 Aisin Seiki Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.06 | |||
| Information Ratio | 0.0624 | |||
| Maximum Drawdown | 13.19 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 3.64 |
Aisin Seiki Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aisin Seiki's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aisin Seiki's standard deviation. In reality, there are many statistical measures that can use Aisin Seiki historical prices to predict the future Aisin Seiki's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.1512 | |||
| Total Risk Alpha | 0.0276 | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | 0.8295 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aisin Seiki'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.
Aisin Seiki Backtested Returns
We consider Aisin Seiki very steady. Aisin Seiki secures Sharpe Ratio (or Efficiency) of 0.0798, which signifies that the company had a 0.0798% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aisin Seiki Co, which you can use to evaluate the volatility of the firm. Please confirm Aisin Seiki's Risk Adjusted Performance of 0.065, mean deviation of 0.8405, and Downside Deviation of 5.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Aisin Seiki has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aisin Seiki's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aisin Seiki is expected to be smaller as well. Aisin Seiki right now shows a risk of 1.83%. Please confirm Aisin Seiki value at risk, as well as the relationship between the kurtosis and period momentum indicator , to decide if Aisin Seiki will be following its price patterns.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Aisin Seiki Co has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aisin Seiki time series from 29th of April 2022 to 24th of April 2023 and 24th of April 2023 to 18th of April 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 Aisin Seiki price movement. The serial correlation of -0.78 indicates that around 78.0% of current Aisin Seiki price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 13.11 |
Aisin Seiki lagged returns against current returns
Autocorrelation, which is Aisin Seiki 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 Aisin Seiki's pink sheet expected returns. We can calculate the autocorrelation of Aisin Seiki returns to help us make a trade decision. For example, suppose you find that Aisin Seiki 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 |
Aisin Seiki 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 Aisin Seiki pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aisin Seiki pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aisin Seiki pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aisin Seiki Lagged Returns
When evaluating Aisin Seiki's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aisin Seiki pink sheet have on its future price. Aisin Seiki 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, Aisin Seiki autocorrelation shows the relationship between Aisin Seiki pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aisin Seiki Co.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aisin Seiki in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aisin Seiki's short interest history, or implied volatility extrapolated from Aisin Seiki options trading.
Pair Trading with Aisin Seiki
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aisin Seiki position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aisin Seiki will appreciate offsetting losses from the drop in the long position's value.Moving together with Aisin Pink Sheet
| 0.61 | DNZOF | DENSO | PairCorr |
| 0.67 | MBLY | Mobileye Global Class Earnings Call This Week | PairCorr |
Moving against Aisin Pink Sheet
| 0.74 | CTTAY | Continental AG PK | PairCorr |
| 0.7 | CTTAF | Continental Aktiengesellscha | PairCorr |
| 0.58 | GFGY | Granite Falls Energy | PairCorr |
| 0.57 | AMKBF | AP Mller | PairCorr |
| 0.45 | PTAIF | PT Astra International | PairCorr |
The ability to find closely correlated positions to Aisin Seiki could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aisin Seiki when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aisin Seiki - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aisin Seiki Co to buy it.
The correlation of Aisin Seiki is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aisin Seiki moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aisin Seiki moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aisin Seiki can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Aisin Seiki Correlation, Aisin Seiki Volatility and Aisin Seiki Alpha and Beta module to complement your research on Aisin Seiki. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Aisin Pink Sheet analysis
When running Aisin Seiki's price analysis, check to measure Aisin Seiki'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 Aisin Seiki is operating at the current time. Most of Aisin Seiki's value examination focuses on studying past and present price action to predict the probability of Aisin Seiki's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aisin Seiki's price. Additionally, you may evaluate how the addition of Aisin Seiki to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Aisin Seiki technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.