Tootsie Roll (Germany) Market Value
| TZ3 Stock | EUR 32.40 1.60 5.19% |
| Symbol | Tootsie |
Tootsie Roll '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 Tootsie Roll'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 Tootsie Roll.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Tootsie Roll on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Tootsie Roll Industries or generate 0.0% return on investment in Tootsie Roll over 90 days. Tootsie Roll is related to or competes with Ares Management, ALERION CLEANPOWER, Clean Energy, SLR Investment, Coor Service, Tokentus Investment, and New Residential. Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products primarily i... More
Tootsie Roll 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 Tootsie Roll'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 Tootsie Roll Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 4.05 |
Tootsie Roll Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tootsie Roll's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tootsie Roll's standard deviation. In reality, there are many statistical measures that can use Tootsie Roll historical prices to predict the future Tootsie Roll's volatility.| Risk Adjusted Performance | 0.1314 | |||
| Jensen Alpha | 0.2437 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | 1.45 |
Tootsie Roll Industries Backtested Returns
Tootsie Roll appears to be very steady, given 3 months investment horizon. Tootsie Roll Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tootsie Roll Industries, which you can use to evaluate the volatility of the company. Please review Tootsie Roll's Semi Deviation of 1.53, risk adjusted performance of 0.1314, and Coefficient Of Variation of 740.14 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tootsie Roll holds a performance score of 7. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tootsie Roll's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tootsie Roll is expected to be smaller as well. Please check Tootsie Roll's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Tootsie Roll's existing price patterns will revert.
Auto-correlation | 0.56 |
Modest predictability
Tootsie Roll Industries has modest predictability. Overlapping area represents the amount of predictability between Tootsie Roll time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Tootsie Roll Industries price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Tootsie Roll price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Tootsie Roll Industries lagged returns against current returns
Autocorrelation, which is Tootsie Roll 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 Tootsie Roll's stock expected returns. We can calculate the autocorrelation of Tootsie Roll returns to help us make a trade decision. For example, suppose you find that Tootsie Roll 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 |
Tootsie Roll 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 Tootsie Roll stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tootsie Roll stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tootsie Roll stock over time.
Current vs Lagged Prices |
| Timeline |
Tootsie Roll Lagged Returns
When evaluating Tootsie Roll's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tootsie Roll stock have on its future price. Tootsie Roll 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, Tootsie Roll autocorrelation shows the relationship between Tootsie Roll stock current value and its past values and can show if there is a momentum factor associated with investing in Tootsie Roll Industries.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Tootsie Stock
When determining whether Tootsie Roll Industries is a strong investment it is important to analyze Tootsie Roll's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tootsie Roll's future performance. For an informed investment choice regarding Tootsie Stock, refer to the following important reports:Check out Tootsie Roll Correlation, Tootsie Roll Volatility and Tootsie Roll Alpha and Beta module to complement your research on Tootsie Roll. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Tootsie Roll technical stock 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, stock market cycles, or different charting patterns.