Financial Street (China) Market Value
| 000402 Stock | 3.51 0.03 0.86% |
| Symbol | Financial |
Financial Street '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 Financial Street'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 Financial Street.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Financial Street on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Financial Street Holdings or generate 0.0% return on investment in Financial Street over 30 days. Financial Street is related to or competes with Cultural Investment, Henan Shuanghui, Hubei Geoway, Jiangsu Yueda, Nuode Investment, Tieling Newcity, and Montage Technology. Financial Street is entity of China. It is traded as Stock on SHE exchange. More
Financial Street 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 Financial Street'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 Financial Street Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.1516 | |||
| Maximum Drawdown | 19.93 | |||
| Value At Risk | (6.44) | |||
| Potential Upside | 10.04 |
Financial Street Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Financial Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financial Street's standard deviation. In reality, there are many statistical measures that can use Financial Street historical prices to predict the future Financial Street's volatility.| Risk Adjusted Performance | 0.1345 | |||
| Jensen Alpha | 0.7837 | |||
| Total Risk Alpha | 0.633 | |||
| Sortino Ratio | 0.1727 | |||
| Treynor Ratio | (1.27) |
Financial Street Holdings Backtested Returns
At this point, Financial Street is risky. Financial Street Holdings secures Sharpe Ratio (or Efficiency) of 0.0229, which denotes the company had a 0.0229% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Financial Street Holdings, which you can use to evaluate the volatility of the firm. Please confirm Financial Street's Coefficient Of Variation of 632.27, downside deviation of 4.33, and Mean Deviation of 3.72 to check if the risk estimate we provide is consistent with the expected return of 0.1%. Financial Street has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Financial Street are expected to decrease at a much lower rate. During the bear market, Financial Street is likely to outperform the market. Financial Street Holdings right now shows a risk of 4.49%. Please confirm Financial Street Holdings semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Financial Street Holdings will be following its price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
Financial Street Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Financial Street time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th of December 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 Financial Street Holdings price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Financial Street price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Financial Street Holdings lagged returns against current returns
Autocorrelation, which is Financial Street 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 Financial Street's stock expected returns. We can calculate the autocorrelation of Financial Street returns to help us make a trade decision. For example, suppose you find that Financial Street 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 |
Financial Street 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 Financial Street stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financial Street stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financial Street stock over time.
Current vs Lagged Prices |
| Timeline |
Financial Street Lagged Returns
When evaluating Financial Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financial Street stock have on its future price. Financial Street 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, Financial Street autocorrelation shows the relationship between Financial Street stock current value and its past values and can show if there is a momentum factor associated with investing in Financial Street Holdings.
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.Other Information on Investing in Financial Stock
Financial Street financial ratios help investors to determine whether Financial 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 Financial with respect to the benefits of owning Financial Street security.