Jiangsu Yanghe (China) Market Value
| 002304 Stock | 86.40 0.54 0.62% |
| Symbol | Jiangsu |
Jiangsu Yanghe '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 Jiangsu Yanghe'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 Jiangsu Yanghe.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Jiangsu Yanghe on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Jiangsu Yanghe Brewery or generate 0.0% return on investment in Jiangsu Yanghe over 720 days. Jiangsu Yanghe is related to or competes with Luyin Investment, Eastern Air, Zhongshan Broad, Hunan TV, Vanfund Urban, and Metro Investment. Jiangsu Yanghe is entity of China. It is traded as Stock on SHE exchange. More
Jiangsu Yanghe 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 Jiangsu Yanghe'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 Jiangsu Yanghe Brewery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0387 | |||
| Maximum Drawdown | 19.21 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 6.87 |
Jiangsu Yanghe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Yanghe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Yanghe's standard deviation. In reality, there are many statistical measures that can use Jiangsu Yanghe historical prices to predict the future Jiangsu Yanghe's volatility.| Risk Adjusted Performance | 0.0691 | |||
| Jensen Alpha | 0.1457 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | 0.3146 |
Jiangsu Yanghe Brewery Backtested Returns
Jiangsu Yanghe appears to be very steady, given 3 months investment horizon. Jiangsu Yanghe Brewery holds Efficiency (Sharpe) Ratio of 0.083, which attests that the entity had a 0.083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Yanghe Brewery, which you can use to evaluate the volatility of the firm. Please utilize Jiangsu Yanghe's Market Risk Adjusted Performance of 0.3246, risk adjusted performance of 0.0691, and Downside Deviation of 2.57 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jiangsu Yanghe holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jiangsu Yanghe's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangsu Yanghe is expected to be smaller as well. Please check Jiangsu Yanghe's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Jiangsu Yanghe's current trending patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Jiangsu Yanghe Brewery has modest predictability. Overlapping area represents the amount of predictability between Jiangsu Yanghe time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Jiangsu Yanghe Brewery price movement. The serial correlation of 0.54 indicates that about 54.0% of current Jiangsu Yanghe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 57.35 |
Jiangsu Yanghe Brewery lagged returns against current returns
Autocorrelation, which is Jiangsu Yanghe 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 Jiangsu Yanghe's stock expected returns. We can calculate the autocorrelation of Jiangsu Yanghe returns to help us make a trade decision. For example, suppose you find that Jiangsu Yanghe 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 |
Jiangsu Yanghe 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 Jiangsu Yanghe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Yanghe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Yanghe stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Yanghe Lagged Returns
When evaluating Jiangsu Yanghe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Yanghe stock have on its future price. Jiangsu Yanghe 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, Jiangsu Yanghe autocorrelation shows the relationship between Jiangsu Yanghe stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Yanghe Brewery.
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 Jiangsu Stock
Jiangsu Yanghe financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Yanghe security.