Central Plains (China) Market Value
| 000544 Stock | 8.88 0.02 0.23% |
| Symbol | Central |
Central Plains '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 Plains' 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 Plains.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Central Plains on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Central Plains Environment or generate 0.0% return on investment in Central Plains over 720 days. Central Plains is related to or competes with Cultural Investment, Gome Telecom, Bus Online, Holitech Technology, and Zotye Automobile. Central Plains is entity of China. It is traded as Stock on SHE exchange. More
Central Plains 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 Plains' 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 Plains Environment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.0856 | |||
| Maximum Drawdown | 16.28 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 4.82 |
Central Plains Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Plains' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Central Plains' standard deviation. In reality, there are many statistical measures that can use Central Plains historical prices to predict the future Central Plains' volatility.| Risk Adjusted Performance | 0.1163 | |||
| Jensen Alpha | 0.2751 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0843 | |||
| Treynor Ratio | 0.7437 |
Central Plains Envir Backtested Returns
Central Plains appears to be somewhat reliable, given 3 months investment horizon. Central Plains Envir secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Central Plains Environment, which you can use to evaluate the volatility of the firm. Please makes use of Central Plains' Downside Deviation of 2.43, risk adjusted performance of 0.1163, and Mean Deviation of 1.64 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Central Plains holds a performance score of 13. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Central Plains' returns are expected to increase less than the market. However, during the bear market, the loss of holding Central Plains is expected to be smaller as well. Please check Central Plains' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Central Plains' price patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
Central Plains Environment has below average predictability. Overlapping area represents the amount of predictability between Central Plains time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Central Plains Envir price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Central Plains price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Central Plains Envir lagged returns against current returns
Autocorrelation, which is Central Plains 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 Plains' stock expected returns. We can calculate the autocorrelation of Central Plains returns to help us make a trade decision. For example, suppose you find that Central Plains 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 Plains 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 Plains stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Central Plains stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Central Plains stock over time.
Current vs Lagged Prices |
| Timeline |
Central Plains Lagged Returns
When evaluating Central Plains' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Central Plains stock have on its future price. Central Plains 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 Plains autocorrelation shows the relationship between Central Plains stock current value and its past values and can show if there is a momentum factor associated with investing in Central Plains Environment.
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 Central Stock
Central Plains 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 Plains security.