Shanghai 2345 (China) Market Value
| 002195 Stock | 4.83 0.44 10.02% |
| Symbol | Shanghai |
Shanghai 2345 '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 Shanghai 2345'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 Shanghai 2345.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Shanghai 2345 on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Shanghai 2345 Network or generate 0.0% return on investment in Shanghai 2345 over 720 days. Shanghai 2345 is related to or competes with Dezhan HealthCare, China Publishing, De Rucci, Andon Health, Focus Media, Sportsoul, and Dook Media. Shanghai 2345 is entity of China. It is traded as Stock on SHE exchange. More
Shanghai 2345 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 Shanghai 2345'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 Shanghai 2345 Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.96 | |||
| Information Ratio | 0.2675 | |||
| Maximum Drawdown | 19.96 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 10.05 |
Shanghai 2345 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai 2345's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai 2345's standard deviation. In reality, there are many statistical measures that can use Shanghai 2345 historical prices to predict the future Shanghai 2345's volatility.| Risk Adjusted Performance | 0.2129 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | 0.9242 | |||
| Sortino Ratio | 0.3116 | |||
| Treynor Ratio | 1.55 |
Shanghai 2345 Network Backtested Returns
Shanghai 2345 is risky given 3 months investment horizon. Shanghai 2345 Network owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the firm had a 0.3% 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 1.41% are justified by taking the suggested risk. Use Shanghai 2345 Network Risk Adjusted Performance of 0.2129, coefficient of variation of 354.37, and Semi Deviation of 3.14 to evaluate company specific risk that cannot be diversified away. Shanghai 2345 holds a performance score of 23 on a scale of zero to a hundred. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shanghai 2345's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai 2345 is expected to be smaller as well. Use Shanghai 2345 Network 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 Shanghai 2345 Network.
Auto-correlation | 0.21 |
Weak predictability
Shanghai 2345 Network has weak predictability. Overlapping area represents the amount of predictability between Shanghai 2345 time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Shanghai 2345 Network price movement. The serial correlation of 0.21 indicates that over 21.0% of current Shanghai 2345 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Shanghai 2345 Network lagged returns against current returns
Autocorrelation, which is Shanghai 2345 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 Shanghai 2345's stock expected returns. We can calculate the autocorrelation of Shanghai 2345 returns to help us make a trade decision. For example, suppose you find that Shanghai 2345 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 |
Shanghai 2345 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 Shanghai 2345 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai 2345 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai 2345 stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai 2345 Lagged Returns
When evaluating Shanghai 2345's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai 2345 stock have on its future price. Shanghai 2345 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, Shanghai 2345 autocorrelation shows the relationship between Shanghai 2345 stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai 2345 Network.
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 Shanghai Stock
Shanghai 2345 financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai 2345 security.