Sanquan Food (China) Market Value
| 002216 Stock | 11.45 0.10 0.88% |
| 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.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Sanquan Food on June 30, 2023 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 570 days. Sanquan Food is related to or competes with Nanjing Putian, China Eastern, Hubei Yingtong, Fiberhome Telecommunicatio, Guangxi Wuzhou, Spring Airlines, and Dr Peng. Sanquan Food is entity of China. It is traded as Stock on SHE exchange. 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.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.0371 | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 2.48 |
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 | 0.048 | |||
| Jensen Alpha | 0.0944 | |||
| Total Risk Alpha | 0.0515 | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 0.1703 |
Sanquan Food Backtested Returns
At this point, Sanquan Food is not too volatile. Sanquan Food owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0261, which indicates the firm had a 0.0261 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanquan Food Co, which you can use to evaluate the volatility of the company. Please validate Sanquan Food's Semi Deviation of 2.09, coefficient of variation of 2009.02, and Risk Adjusted Performance of 0.048 to confirm if the risk estimate we provide is consistent with the expected return of 0.0613%. Sanquan Food has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sanquan Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sanquan Food is expected to be smaller as well. Sanquan Food right now has a risk of 2.35%. Please validate Sanquan Food coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Sanquan Food will be following its existing price patterns.
Auto-correlation | -0.01 |
Very weak reverse predictability
Sanquan Food Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Sanquan Food time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th of January 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 -0.01 indicates that just 1.0% of current Sanquan Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
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.