Mitsubishi Corp Stock Market Value
| MSBHF Stock | USD 20.60 0.83 3.87% |
| Symbol | Mitsubishi |
Mitsubishi 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 Mitsubishi Corp'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 Mitsubishi Corp.
| 08/28/2024 |
| 09/27/2024 |
If you would invest 0.00 in Mitsubishi Corp on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi Corp or generate 0.0% return on investment in Mitsubishi Corp over 30 days. Mitsubishi Corp is related to or competes with Marubeni Corp, Itochu Corp, Marubeni, Sumitomo Corp, and ITOCHU. Mitsubishi Corporation engages in the natural gas, industrial materials, petroleum and chemicals, mineral resources, ind... More
Mitsubishi 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 Mitsubishi Corp'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 Mitsubishi Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.32 | |||
| Information Ratio | 0.0052 | |||
| Maximum Drawdown | 11.88 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.4 |
Mitsubishi Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi Corp's standard deviation. In reality, there are many statistical measures that can use Mitsubishi Corp historical prices to predict the future Mitsubishi Corp's volatility.| Risk Adjusted Performance | 0.0541 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | 0.0878 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsubishi 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.
Mitsubishi Corp Backtested Returns
At this point, Mitsubishi Corp is very steady. Mitsubishi Corp has Sharpe Ratio of 0.0254, which conveys that the firm had a 0.0254% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mitsubishi Corp, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Corp's Downside Deviation of 2.32, risk adjusted performance of 0.0541, and Mean Deviation of 1.58 to check out if the risk estimate we provide is consistent with the expected return of 0.0563%. Mitsubishi Corp has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.35, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mitsubishi Corp will likely underperform. Mitsubishi Corp right now secures a risk of 2.21%. Please verify Mitsubishi Corp maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to decide if Mitsubishi Corp will be following its current price movements.
Auto-correlation | -0.48 |
Modest reverse predictability
Mitsubishi Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Mitsubishi Corp time series from 28th of August 2024 to 12th of September 2024 and 12th of September 2024 to 27th of September 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 Mitsubishi Corp price movement. The serial correlation of -0.48 indicates that about 48.0% of current Mitsubishi Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Mitsubishi Corp lagged returns against current returns
Autocorrelation, which is Mitsubishi Corp 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 Mitsubishi Corp's pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi Corp returns to help us make a trade decision. For example, suppose you find that Mitsubishi Corp 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 |
Mitsubishi 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 Mitsubishi Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitsubishi Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi Corp Lagged Returns
When evaluating Mitsubishi Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi Corp pink sheet have on its future price. Mitsubishi 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, Mitsubishi Corp autocorrelation shows the relationship between Mitsubishi Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi Corp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Mitsubishi Pink Sheet
Mitsubishi Corp financial ratios help investors to determine whether Mitsubishi Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mitsubishi with respect to the benefits of owning Mitsubishi Corp security.