Tokio Marine Holdings Stock Market Value
| TKOMF Stock | USD 30.01 0.64 2.18% |
| Symbol | Tokio |
Tokio Marine '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 Tokio Marine'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 Tokio Marine.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Tokio Marine on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Tokio Marine Holdings or generate 0.0% return on investment in Tokio Marine over 30 days. Tokio Marine is related to or competes with Progressive Corp, White Mountains, Chubb, W R, and Kinsale Capital. Tokio Marine Holdings, Inc. engages in the non-life and life insurance, and financial and general businesses in Japan an... More
Tokio Marine 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 Tokio Marine'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 Tokio Marine Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.0767 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.01 |
Tokio Marine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tokio Marine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tokio Marine's standard deviation. In reality, there are many statistical measures that can use Tokio Marine historical prices to predict the future Tokio Marine's volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 0.2415 | |||
| Total Risk Alpha | 0.016 | |||
| Sortino Ratio | 0.0602 | |||
| Treynor Ratio | (5.85) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tokio Marine'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.
Tokio Marine Holdings Backtested Returns
Tokio Marine appears to be very steady, given 3 months investment horizon. Tokio Marine Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tokio Marine Holdings, which you can use to evaluate the volatility of the company. Please review Tokio Marine's Semi Deviation of 1.88, risk adjusted performance of 0.0728, and Coefficient Of Variation of 944.62 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tokio Marine holds a performance score of 10. The entity has a beta of -0.0409, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tokio Marine are expected to decrease at a much lower rate. During the bear market, Tokio Marine is likely to outperform the market. Please check Tokio Marine's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Tokio Marine's existing price patterns will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Tokio Marine Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tokio Marine time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Tokio Marine Holdings price movement. The serial correlation of -0.71 indicates that around 71.0% of current Tokio Marine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
Tokio Marine Holdings lagged returns against current returns
Autocorrelation, which is Tokio Marine 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 Tokio Marine's pink sheet expected returns. We can calculate the autocorrelation of Tokio Marine returns to help us make a trade decision. For example, suppose you find that Tokio Marine 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 |
Tokio Marine 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 Tokio Marine pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tokio Marine pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tokio Marine pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tokio Marine Lagged Returns
When evaluating Tokio Marine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tokio Marine pink sheet have on its future price. Tokio Marine 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, Tokio Marine autocorrelation shows the relationship between Tokio Marine pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tokio Marine Holdings.
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 Tokio Marine 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, Tokio Marine's short interest history, or implied volatility extrapolated from Tokio Marine options trading.
Currently Active Assets on Macroaxis
Check out Tokio Marine Correlation, Tokio Marine Volatility and Tokio Marine Alpha and Beta module to complement your research on Tokio Marine. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Tokio Pink Sheet analysis
When running Tokio Marine's price analysis, check to measure Tokio Marine'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 Tokio Marine is operating at the current time. Most of Tokio Marine's value examination focuses on studying past and present price action to predict the probability of Tokio Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tokio Marine's price. Additionally, you may evaluate how the addition of Tokio Marine to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Tokio Marine 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.