Lier Chemical (China) Market Value
| 002258 Stock | 8.60 0.23 2.75% |
| Symbol | Lier |
Lier Chemical '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 Lier Chemical'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 Lier Chemical.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Lier Chemical on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Lier Chemical Co or generate 0.0% return on investment in Lier Chemical over 30 days. Lier Chemical is related to or competes with Central China, Lander Sports, Bank of Communications, Changjiang Publishing, JiShi Media, and Xinjiang Communications. Lier Chemical is entity of China. It is traded as Stock on SHE exchange. More
Lier Chemical 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 Lier Chemical'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 Lier Chemical Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.28 |
Lier Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lier Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lier Chemical's standard deviation. In reality, there are many statistical measures that can use Lier Chemical historical prices to predict the future Lier Chemical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.0624 | |||
| Treynor Ratio | (10.34) |
Lier Chemical Backtested Returns
Lier Chemical has Sharpe Ratio of -0.0183, which conveys that the firm had a -0.0183 % return per unit of risk over the last 3 months. Lier Chemical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lier Chemical's Standard Deviation of 1.67, risk adjusted performance of (0.02), and Mean Deviation of 1.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.007, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lier Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lier Chemical is expected to be smaller as well. At this point, Lier Chemical has a negative expected return of -0.0248%. Please make sure to verify Lier Chemical's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Lier Chemical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Lier Chemical Co has good reverse predictability. Overlapping area represents the amount of predictability between Lier Chemical time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Lier Chemical price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Lier Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lier Chemical lagged returns against current returns
Autocorrelation, which is Lier Chemical 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 Lier Chemical's stock expected returns. We can calculate the autocorrelation of Lier Chemical returns to help us make a trade decision. For example, suppose you find that Lier Chemical 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 |
Lier Chemical 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 Lier Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lier Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lier Chemical stock over time.
Current vs Lagged Prices |
| Timeline |
Lier Chemical Lagged Returns
When evaluating Lier Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lier Chemical stock have on its future price. Lier Chemical 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, Lier Chemical autocorrelation shows the relationship between Lier Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Lier Chemical Co.
Regressed Prices |
| Timeline |
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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 Lier Stock
Lier Chemical financial ratios help investors to determine whether Lier 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 Lier with respect to the benefits of owning Lier Chemical security.