Tdk Corporation Stock Market Value

TTDKF Stock  USD 49.81  1.01  2.07%   
TDK's market value is the price at which a share of TDK trades on a public exchange. It measures the collective expectations of TDK Corporation investors about its performance. TDK is trading at 49.81 as of the 28th of March 2024. This is a 2.07% increase since the beginning of the trading day. The stock's lowest day price was 49.63.
With this module, you can estimate the performance of a buy and hold strategy of TDK Corporation and determine expected loss or profit from investing in TDK over a given investment horizon. Check out TDK Correlation, TDK Volatility and TDK Alpha and Beta module to complement your research on TDK.
Symbol

Please note, there is a significant difference between TDK's value and its price as these two are different measures arrived at by different means. Investors typically determine if TDK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TDK's 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.

TDK '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 TDK'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 TDK.
0.00
01/28/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/28/2024
0.00
If you would invest  0.00  in TDK on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding TDK Corporation or generate 0.0% return on investment in TDK over 60 days. TDK is related to or competes with Amphenol, TE Connectivity, Murata Manufacturing, Corning Incorporated, Jabil Circuit, and Palantir TechnologiesInc. TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Euro... More

TDK 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 TDK'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 TDK Corporation upside and downside potential and time the market with a certain degree of confidence.

TDK Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TDK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TDK's standard deviation. In reality, there are many statistical measures that can use TDK historical prices to predict the future TDK's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TDK'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.
Hype
Prediction
LowEstimatedHigh
47.1549.8152.47
Details
Intrinsic
Valuation
LowRealHigh
39.0841.7454.79
Details
Naive
Forecast
LowNextHigh
46.0748.7351.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
48.5349.4250.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TDK. Your research has to be compared to or analyzed against TDK's peers to derive any actionable benefits. When done correctly, TDK'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 TDK Corporation.

TDK Corporation Backtested Returns

We consider TDK very steady. TDK Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0373, which indicates the firm had a 0.0373% return per unit of volatility over the last 3 months. We have found thirty technical indicators for TDK Corporation, which you can use to evaluate the volatility of the company. Please validate TDK's risk adjusted performance of 0.0275, and Coefficient Of Variation of 2828.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.0992%. TDK has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TDK are expected to decrease at a much lower rate. During the bear market, TDK is likely to outperform the market. TDK Corporation currently has a risk of 2.66%. Please validate TDK treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if TDK will be following its existing price patterns.

Auto-correlation

    
  0.19  

Very weak predictability

TDK Corporation has very weak predictability. Overlapping area represents the amount of predictability between TDK time series from 28th of January 2024 to 27th of February 2024 and 27th of February 2024 to 28th of March 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 TDK Corporation price movement. The serial correlation of 0.19 indicates that over 19.0% of current TDK price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test0.23
Residual Average0.0
Price Variance2.91

TDK Corporation lagged returns against current returns

Autocorrelation, which is TDK 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 TDK's pink sheet expected returns. We can calculate the autocorrelation of TDK returns to help us make a trade decision. For example, suppose you find that TDK 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  

TDK 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 TDK pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TDK pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TDK pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

TDK Lagged Returns

When evaluating TDK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TDK pink sheet have on its future price. TDK 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, TDK autocorrelation shows the relationship between TDK pink sheet current value and its past values and can show if there is a momentum factor associated with investing in TDK Corporation.
   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 TDK 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, TDK's short interest history, or implied volatility extrapolated from TDK options trading.

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Check out TDK Correlation, TDK Volatility and TDK Alpha and Beta module to complement your research on TDK.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for TDK Pink Sheet analysis

When running TDK's price analysis, check to measure TDK'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 TDK is operating at the current time. Most of TDK's value examination focuses on studying past and present price action to predict the probability of TDK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TDK's price. Additionally, you may evaluate how the addition of TDK to your portfolios can decrease your overall portfolio volatility.
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TDK 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.
A focus of TDK technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TDK trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...