Sanquan Food (China) Market Value
| 002216 Stock | 11.05 0.06 0.54% |
| Symbol | Sanquan |
Sanquan Food '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 Sanquan Food'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 Sanquan Food.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Sanquan Food on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Sanquan Food Co or generate 0.0% return on investment in Sanquan Food over 90 days. Sanquan Food is related to or competes with Lander Sports, Shenzhen RoadRover, XiAn Dagang, Shenzhen Urban, Highbroad Advanced, Dazhong Transportation, and Shanghai Broadband. More
Sanquan Food 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 Sanquan Food'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 Sanquan Food Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.36 |
Sanquan Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanquan Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sanquan Food's standard deviation. In reality, there are many statistical measures that can use Sanquan Food historical prices to predict the future Sanquan Food's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.01 |
Sanquan Food Backtested Returns
Sanquan Food owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Sanquan Food Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sanquan Food's Variance of 1.77, coefficient of variation of (509.33), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sanquan Food are expected to decrease at a much lower rate. During the bear market, Sanquan Food is likely to outperform the market. At this point, Sanquan Food has a negative expected return of -0.26%. Please make sure to validate Sanquan Food's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Sanquan Food performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Sanquan Food Co has good predictability. Overlapping area represents the amount of predictability between Sanquan Food time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Sanquan Food price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Sanquan Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sanquan Food lagged returns against current returns
Autocorrelation, which is Sanquan Food 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 Sanquan Food's stock expected returns. We can calculate the autocorrelation of Sanquan Food returns to help us make a trade decision. For example, suppose you find that Sanquan Food 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 |
Sanquan Food 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 Sanquan Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sanquan Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sanquan Food stock over time.
Current vs Lagged Prices |
| Timeline |
Sanquan Food Lagged Returns
When evaluating Sanquan Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sanquan Food stock have on its future price. Sanquan Food 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, Sanquan Food autocorrelation shows the relationship between Sanquan Food stock current value and its past values and can show if there is a momentum factor associated with investing in Sanquan Food Co.
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 Sanquan Stock
Sanquan Food financial ratios help investors to determine whether Sanquan 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 Sanquan with respect to the benefits of owning Sanquan Food security.