Central Japan (Germany) Market Value
| JAP Stock | EUR 19.21 0.15 0.79% |
| Symbol | Central |
Central Japan '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 Central Japan's stock 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 Central Japan.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Central Japan on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Central Japan Railway or generate 0.0% return on investment in Central Japan over 90 days. Central Japan is related to or competes with High Liner, CAL MAINE, FIH MOBILE, Astral Foods, FONIX MOBILE, Hellenic Telecommunicatio, and Zoom Video. Central Japan Railway Company engages in the railway and related businesses in Japan More
Central Japan 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 Central Japan's stock 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 Central Japan Railway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 11.4 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.12 |
Central Japan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Japan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Central Japan's standard deviation. In reality, there are many statistical measures that can use Central Japan historical prices to predict the future Central Japan's volatility.| Risk Adjusted Performance | 0.0873 | |||
| Jensen Alpha | 0.1916 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0111 | |||
| Treynor Ratio | (0.42) |
Central Japan Railway Backtested Returns
At this point, Central Japan is not too volatile. Central Japan Railway secures Sharpe Ratio (or Efficiency) of 0.0422, which signifies that the company had a 0.0422 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Central Japan Railway, which you can use to evaluate the volatility of the firm. Please confirm Central Japan's Downside Deviation of 1.41, mean deviation of 1.18, and Risk Adjusted Performance of 0.0873 to double-check if the risk estimate we provide is consistent with the expected return of 0.0735%. Central Japan has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Central Japan are expected to decrease at a much lower rate. During the bear market, Central Japan is likely to outperform the market. Central Japan Railway right now shows a risk of 1.74%. Please confirm Central Japan Railway total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to decide if Central Japan Railway will be following its price patterns.
Auto-correlation | 0.22 |
Weak predictability
Central Japan Railway has weak predictability. Overlapping area represents the amount of predictability between Central Japan time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Central Japan Railway price movement. The serial correlation of 0.22 indicates that over 22.0% of current Central Japan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Central Japan Railway lagged returns against current returns
Autocorrelation, which is Central Japan stock'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 Central Japan's stock expected returns. We can calculate the autocorrelation of Central Japan returns to help us make a trade decision. For example, suppose you find that Central Japan has exhibited high autocorrelation historically, and you observe that the stock 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 |
Central Japan 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 Central Japan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Central Japan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Central Japan stock over time.
Current vs Lagged Prices |
| Timeline |
Central Japan Lagged Returns
When evaluating Central Japan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Central Japan stock have on its future price. Central Japan 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, Central Japan autocorrelation shows the relationship between Central Japan stock current value and its past values and can show if there is a momentum factor associated with investing in Central Japan Railway.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Central Stock
Central Japan financial ratios help investors to determine whether Central Stock 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 Central with respect to the benefits of owning Central Japan security.