Mitsubishi Estate Co Stock Market Value
| MITEY Stock | USD 16.76 0.53 3.27% |
| Symbol | Mitsubishi |
Mitsubishi Estate '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 Estate'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 Estate.
| 05/04/2024 |
| 06/03/2024 |
If you would invest 0.00 in Mitsubishi Estate on May 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mitsubishi Estate Co or generate 0.0% return on investment in Mitsubishi Estate over 30 days. Mitsubishi Estate is related to or competes with Comstock Holding, St Joe, and Stratus Properties. Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally More
Mitsubishi Estate 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 Estate'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 Estate Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 13.78 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.98 |
Mitsubishi Estate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitsubishi Estate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitsubishi Estate's standard deviation. In reality, there are many statistical measures that can use Mitsubishi Estate historical prices to predict the future Mitsubishi Estate's volatility.| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | 0.1123 | |||
| Total Risk Alpha | 0.0174 | |||
| Sortino Ratio | 0.0472 | |||
| Treynor Ratio | 0.1297 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitsubishi Estate'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 Estate Backtested Returns
We consider Mitsubishi Estate not too volatile. Mitsubishi Estate has Sharpe Ratio of 0.0393, which conveys that the firm had a 0.0393% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mitsubishi Estate, which you can use to evaluate the volatility of the firm. Please verify Mitsubishi Estate's Mean Deviation of 1.82, risk adjusted performance of 0.0498, and Downside Deviation of 2.52 to check out if the risk estimate we provide is consistent with the expected return of 0.0941%. Mitsubishi Estate has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.19, 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 Estate will likely underperform. Mitsubishi Estate right now secures a risk of 2.39%. Please verify Mitsubishi Estate Co downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Mitsubishi Estate Co will be following its current price movements.
Auto-correlation | 0.21 |
Weak predictability
Mitsubishi Estate Co has weak predictability. Overlapping area represents the amount of predictability between Mitsubishi Estate time series from 4th of May 2024 to 19th of May 2024 and 19th of May 2024 to 3rd of June 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 Estate price movement. The serial correlation of 0.21 indicates that over 21.0% of current Mitsubishi Estate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Mitsubishi Estate lagged returns against current returns
Autocorrelation, which is Mitsubishi Estate 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 Estate's pink sheet expected returns. We can calculate the autocorrelation of Mitsubishi Estate returns to help us make a trade decision. For example, suppose you find that Mitsubishi Estate 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 Estate 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 Estate pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitsubishi Estate 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 Estate pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mitsubishi Estate Lagged Returns
When evaluating Mitsubishi Estate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitsubishi Estate pink sheet have on its future price. Mitsubishi Estate 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 Estate autocorrelation shows the relationship between Mitsubishi Estate pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitsubishi Estate Co.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Mitsubishi Estate Correlation, Mitsubishi Estate Volatility and Mitsubishi Estate Alpha and Beta module to complement your research on Mitsubishi Estate. Note that the Mitsubishi Estate information on this page should be used as a complementary analysis to other Mitsubishi Estate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Mitsubishi Pink Sheet analysis
When running Mitsubishi Estate's price analysis, check to measure Mitsubishi Estate'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 Mitsubishi Estate is operating at the current time. Most of Mitsubishi Estate's value examination focuses on studying past and present price action to predict the probability of Mitsubishi Estate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitsubishi Estate's price. Additionally, you may evaluate how the addition of Mitsubishi Estate to your portfolios can decrease your overall portfolio volatility.
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Mitsubishi Estate 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.