Tdk Corporation Stock Market Value
| TTDKF Stock | USD 47.96 1.01 2.06% |
| Symbol | TDK |
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.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in TDK on March 20, 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 30 days. TDK is related to or competes with LGL, Data IO, Bel Fuse, Richardson Electronics, LSI Industries, Benchmark Electronics, and OSI Systems. 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.
| Downside Deviation | 2.55 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.8 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.99 |
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.| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | 0.0219 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.23) |
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.
TDK Corporation Backtested Returns
TDK Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0357, which indicates the firm had a -0.0357% return per unit of volatility over the last 3 months. TDK Corporation exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TDK's coefficient of variation of 8065.42, and Risk Adjusted Performance of 0.0149 to confirm the risk estimate we provide. The entity has a beta of -0.0764, 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 has an expected return of -0.0778%. Please make sure to 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 Corporation performance from the past will be repeated at future time.
Auto-correlation | -0.27 |
Weak reverse predictability
TDK Corporation has weak reverse predictability. Overlapping area represents the amount of predictability between TDK 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 TDK Corporation price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current TDK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
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.
Currently Active Assets on Macroaxis
Check out TDK Correlation, TDK Volatility and TDK Alpha and Beta module to complement your research on TDK. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.