ZYF Lopsking (China) Market Value
| 002333 Stock | 5.69 0.10 1.79% |
| Symbol | ZYF |
ZYF Lopsking '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 ZYF Lopsking'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 ZYF Lopsking.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in ZYF Lopsking on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding ZYF Lopsking Aluminum or generate 0.0% return on investment in ZYF Lopsking over 90 days. ZYF Lopsking is related to or competes with Andon Health, INKON Life, Hubei Huaqiang, Anhui Huaren, Aier Eye, Sinofibers Technology, and HanS Laser. ZYF Lopsking is entity of China. It is traded as Stock on SHE exchange. More
ZYF Lopsking 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 ZYF Lopsking'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 ZYF Lopsking Aluminum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | 0.0474 | |||
| Maximum Drawdown | 13.36 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.5 |
ZYF Lopsking Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZYF Lopsking's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ZYF Lopsking's standard deviation. In reality, there are many statistical measures that can use ZYF Lopsking historical prices to predict the future ZYF Lopsking's volatility.| Risk Adjusted Performance | 0.0079 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.2693 | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | (0.15) |
ZYF Lopsking Aluminum Backtested Returns
At this point, ZYF Lopsking is slightly risky. ZYF Lopsking Aluminum shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ZYF Lopsking Aluminum, which you can use to evaluate the volatility of the company. Please check out ZYF Lopsking's Risk Adjusted Performance of 0.0079, downside deviation of 2.12, and Mean Deviation of 1.48 to validate if the risk estimate we provide is consistent with the expected return of 0.0111%. The firm maintains a market beta of 0.0342, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ZYF Lopsking's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZYF Lopsking is expected to be smaller as well. ZYF Lopsking Aluminum presently maintains a risk of 2.19%. Please check out ZYF Lopsking Aluminum market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if ZYF Lopsking Aluminum will be following its historical returns.
Auto-correlation | 0.13 |
Insignificant predictability
ZYF Lopsking Aluminum has insignificant predictability. Overlapping area represents the amount of predictability between ZYF Lopsking time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 ZYF Lopsking Aluminum price movement. The serial correlation of 0.13 indicates that less than 13.0% of current ZYF Lopsking price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ZYF Lopsking Aluminum lagged returns against current returns
Autocorrelation, which is ZYF Lopsking 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 ZYF Lopsking's stock expected returns. We can calculate the autocorrelation of ZYF Lopsking returns to help us make a trade decision. For example, suppose you find that ZYF Lopsking 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 |
ZYF Lopsking 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 ZYF Lopsking stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ZYF Lopsking stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ZYF Lopsking stock over time.
Current vs Lagged Prices |
| Timeline |
ZYF Lopsking Lagged Returns
When evaluating ZYF Lopsking's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ZYF Lopsking stock have on its future price. ZYF Lopsking 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, ZYF Lopsking autocorrelation shows the relationship between ZYF Lopsking stock current value and its past values and can show if there is a momentum factor associated with investing in ZYF Lopsking Aluminum.
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 ZYF Stock
ZYF Lopsking financial ratios help investors to determine whether ZYF 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 ZYF with respect to the benefits of owning ZYF Lopsking security.