Oriental Times (China) Market Value
| 002175 Stock | 4.62 0.10 2.21% |
| Symbol | Oriental |
Oriental Times '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 Oriental Times' 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 Oriental Times.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Oriental Times on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Oriental Times Media or generate 0.0% return on investment in Oriental Times over 360 days. Oriental Times is related to or competes with Agricultural Bank, China Construction, Postal Savings, Bank of Communications, Ping An, and Industrial Bank. Oriental Times is entity of China. It is traded as Stock on SHE exchange. More
Oriental Times 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 Oriental Times' 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 Oriental Times Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.14 | |||
| Information Ratio | 0.2924 | |||
| Maximum Drawdown | 19.05 | |||
| Value At Risk | (5.44) | |||
| Potential Upside | 10.0 |
Oriental Times Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Times' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Times' standard deviation. In reality, there are many statistical measures that can use Oriental Times historical prices to predict the future Oriental Times' volatility.| Risk Adjusted Performance | 0.2541 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | 0.7215 | |||
| Sortino Ratio | 0.3342 | |||
| Treynor Ratio | (2.97) |
Oriental Times Media Backtested Returns
Oriental Times is very risky given 3 months investment horizon. Oriental Times Media maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the firm had a 0.36% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.76% are justified by taking the suggested risk. Use Oriental Times Semi Deviation of 3.06, coefficient of variation of 311.07, and Risk Adjusted Performance of 0.2541 to evaluate company specific risk that cannot be diversified away. Oriental Times holds a performance score of 28 on a scale of zero to a hundred. The company holds a Beta of -0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Oriental Times are expected to decrease at a much lower rate. During the bear market, Oriental Times is likely to outperform the market. Use Oriental Times market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Oriental Times.
Auto-correlation | -0.45 |
Modest reverse predictability
Oriental Times Media has modest reverse predictability. Overlapping area represents the amount of predictability between Oriental Times time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 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 Oriental Times Media price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Oriental Times price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Oriental Times Media lagged returns against current returns
Autocorrelation, which is Oriental Times 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 Oriental Times' stock expected returns. We can calculate the autocorrelation of Oriental Times returns to help us make a trade decision. For example, suppose you find that Oriental Times 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 |
Oriental Times 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 Oriental Times stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oriental Times stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oriental Times stock over time.
Current vs Lagged Prices |
| Timeline |
Oriental Times Lagged Returns
When evaluating Oriental Times' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oriental Times stock have on its future price. Oriental Times 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, Oriental Times autocorrelation shows the relationship between Oriental Times stock current value and its past values and can show if there is a momentum factor associated with investing in Oriental Times Media.
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 Oriental Stock
Oriental Times financial ratios help investors to determine whether Oriental 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 Oriental with respect to the benefits of owning Oriental Times security.