Unisplendour Corp (China) Market Value
| 000938 Stock | 29.50 0.17 0.58% |
| Symbol | Unisplendour |
Unisplendour Corp '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 Unisplendour Corp'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 Unisplendour Corp.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Unisplendour Corp on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Unisplendour Corp or generate 0.0% return on investment in Unisplendour Corp over 90 days. Unisplendour Corp is related to or competes with Guosheng Financial, Industrial Bank, Hua Xia, Sino Platinum, and Huatian Hotel. More
Unisplendour Corp 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 Unisplendour Corp'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 Unisplendour Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.6 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (6.11) | |||
| Potential Upside | 5.91 |
Unisplendour Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unisplendour Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unisplendour Corp's standard deviation. In reality, there are many statistical measures that can use Unisplendour Corp historical prices to predict the future Unisplendour Corp's volatility.| Risk Adjusted Performance | 0.0526 | |||
| Jensen Alpha | 0.1809 | |||
| Total Risk Alpha | 0.5356 | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.9114 |
Unisplendour Corp Backtested Returns
At this point, Unisplendour Corp is not too volatile. Unisplendour Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0513, which indicates the firm had a 0.0513 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Unisplendour Corp, which you can use to evaluate the volatility of the company. Please validate Unisplendour Corp's Semi Deviation of 3.43, coefficient of variation of 1948.17, and Risk Adjusted Performance of 0.0526 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Unisplendour Corp has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unisplendour Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unisplendour Corp is expected to be smaller as well. Unisplendour Corp right now has a risk of 3.38%. Please validate Unisplendour Corp market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Unisplendour Corp will be following its existing price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Unisplendour Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Unisplendour Corp time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Unisplendour Corp price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Unisplendour Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 2.65 |
Unisplendour Corp lagged returns against current returns
Autocorrelation, which is Unisplendour Corp 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 Unisplendour Corp's stock expected returns. We can calculate the autocorrelation of Unisplendour Corp returns to help us make a trade decision. For example, suppose you find that Unisplendour Corp 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 |
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Unisplendour Corp 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 Unisplendour Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unisplendour Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unisplendour Corp stock over time.
Current vs Lagged Prices |
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Unisplendour Corp Lagged Returns
When evaluating Unisplendour Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unisplendour Corp stock have on its future price. Unisplendour Corp 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, Unisplendour Corp autocorrelation shows the relationship between Unisplendour Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Unisplendour Corp.
Regressed Prices |
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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 Unisplendour Stock
Unisplendour Corp financial ratios help investors to determine whether Unisplendour 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 Unisplendour with respect to the benefits of owning Unisplendour Corp security.