Shantui Construction (China) Market Value
| 000680 Stock | 10.17 0.08 0.79% |
| Symbol | Shantui |
Shantui Construction '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 Shantui Construction'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 Shantui Construction.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Shantui Construction on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Shantui Construction Machinery or generate 0.0% return on investment in Shantui Construction over 90 days. Shantui Construction is related to or competes with Cultural Investment, Nuode Investment, Luyin Investment, Huawen Media, Xiamen Insight, Zhongrun Resources, and Huatian Hotel. Shantui Construction is entity of China. It is traded as Stock on SHE exchange. More
Shantui Construction 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 Shantui Construction'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 Shantui Construction Machinery upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0331 | |||
| Maximum Drawdown | 13.64 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.16 |
Shantui Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shantui Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shantui Construction's standard deviation. In reality, there are many statistical measures that can use Shantui Construction historical prices to predict the future Shantui Construction's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0253 | |||
| Total Risk Alpha | 0.4122 | |||
| Treynor Ratio | (0.1) |
Shantui Construction Backtested Returns
At this point, Shantui Construction is somewhat reliable. Shantui Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0596, which indicates the firm had a 0.0596 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Shantui Construction Machinery, which you can use to evaluate the volatility of the company. Please validate Shantui Construction's Coefficient Of Variation of (6,672), risk adjusted performance of (0.01), and Variance of 7.56 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Shantui Construction has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shantui Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shantui Construction is expected to be smaller as well. Shantui Construction right now has a risk of 2.83%. Please validate Shantui Construction market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Shantui Construction will be following its existing price patterns.
Auto-correlation | 0.60 |
Good predictability
Shantui Construction Machinery has good predictability. Overlapping area represents the amount of predictability between Shantui Construction time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 Shantui Construction price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Shantui Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Shantui Construction lagged returns against current returns
Autocorrelation, which is Shantui Construction 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 Shantui Construction's stock expected returns. We can calculate the autocorrelation of Shantui Construction returns to help us make a trade decision. For example, suppose you find that Shantui Construction 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 |
Shantui Construction 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 Shantui Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shantui Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shantui Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Shantui Construction Lagged Returns
When evaluating Shantui Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shantui Construction stock have on its future price. Shantui Construction 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, Shantui Construction autocorrelation shows the relationship between Shantui Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Shantui Construction Machinery.
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 Shantui Stock
Shantui Construction financial ratios help investors to determine whether Shantui 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 Shantui with respect to the benefits of owning Shantui Construction security.