Dalian Zeus (China) Market Value
| 002354 Stock | 4.90 0.24 5.15% |
| Symbol | Dalian |
Dalian Zeus '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 Dalian Zeus' 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 Dalian Zeus.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dalian Zeus on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Dalian Zeus Entertainment or generate 0.0% return on investment in Dalian Zeus over 30 days. Dalian Zeus is related to or competes with Gansu Jiu, Ming Yang, Aba Chemicals, Loctek Ergonomic, Queclink Wireless, Changchun Faway, and Shandong Ruifeng. Dalian Zeus is entity of China. It is traded as Stock on SHE exchange. More
Dalian Zeus 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 Dalian Zeus' 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 Dalian Zeus Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.83 | |||
| Information Ratio | 0.1881 | |||
| Maximum Drawdown | 20.17 | |||
| Value At Risk | (6.80) | |||
| Potential Upside | 9.93 |
Dalian Zeus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dalian Zeus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dalian Zeus' standard deviation. In reality, there are many statistical measures that can use Dalian Zeus historical prices to predict the future Dalian Zeus' volatility.| Risk Adjusted Performance | 0.174 | |||
| Jensen Alpha | 0.9857 | |||
| Total Risk Alpha | 0.2295 | |||
| Sortino Ratio | 0.1876 | |||
| Treynor Ratio | 2.76 |
Dalian Zeus Entertainment Backtested Returns
Dalian Zeus is unstable given 3 months investment horizon. Dalian Zeus Entertainment secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Dalian Zeus Mean Deviation of 3.78, coefficient of variation of 461.55, and Downside Deviation of 4.83 to evaluate company specific risk that cannot be diversified away. Dalian Zeus holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dalian Zeus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dalian Zeus is expected to be smaller as well. Use Dalian Zeus semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Dalian Zeus.
Auto-correlation | 0.09 |
Virtually no predictability
Dalian Zeus Entertainment has virtually no predictability. Overlapping area represents the amount of predictability between Dalian Zeus time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Dalian Zeus Entertainment price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Dalian Zeus price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Dalian Zeus Entertainment lagged returns against current returns
Autocorrelation, which is Dalian Zeus 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 Dalian Zeus' stock expected returns. We can calculate the autocorrelation of Dalian Zeus returns to help us make a trade decision. For example, suppose you find that Dalian Zeus 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 |
Dalian Zeus 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 Dalian Zeus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dalian Zeus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dalian Zeus stock over time.
Current vs Lagged Prices |
| Timeline |
Dalian Zeus Lagged Returns
When evaluating Dalian Zeus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dalian Zeus stock have on its future price. Dalian Zeus 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, Dalian Zeus autocorrelation shows the relationship between Dalian Zeus stock current value and its past values and can show if there is a momentum factor associated with investing in Dalian Zeus Entertainment.
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 Dalian Stock
Dalian Zeus financial ratios help investors to determine whether Dalian 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 Dalian with respect to the benefits of owning Dalian Zeus security.