Jiangsu Shuangxing's market value is the price at which a share of Jiangsu Shuangxing trades on a public exchange. It measures the collective expectations of Jiangsu Shuangxing Color investors about its performance. Jiangsu Shuangxing is trading at 4.95 as of the 4th of January 2025, a 4.07 percent decrease since the beginning of the trading day. The stock's open price was 5.16. With this module, you can estimate the performance of a buy and hold strategy of Jiangsu Shuangxing Color and determine expected loss or profit from investing in Jiangsu Shuangxing over a given investment horizon. Check out Jiangsu Shuangxing Correlation, Jiangsu Shuangxing Volatility and Jiangsu Shuangxing Alpha and Beta module to complement your research on Jiangsu Shuangxing.
Please note, there is a significant difference between Jiangsu Shuangxing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiangsu Shuangxing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiangsu Shuangxing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jiangsu Shuangxing '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 Shuangxing'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 Shuangxing.
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11/05/2024
No Change 0.00
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In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in Jiangsu Shuangxing on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Shuangxing Color or generate 0.0% return on investment in Jiangsu Shuangxing over 60 days. Jiangsu Shuangxing is related to or competes with Jason Furniture, Hunan Mendale, Fiberhome Telecommunicatio, Vohringer Home, Mengtian Home, Cultural Investment, and Postal Savings. Jiangsu Shuangxing is entity of China. It is traded as Stock on SHE exchange. More
Jiangsu Shuangxing 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 Shuangxing'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 Shuangxing Color upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Shuangxing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Shuangxing's standard deviation. In reality, there are many statistical measures that can use Jiangsu Shuangxing historical prices to predict the future Jiangsu Shuangxing's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jiangsu Shuangxing. Your research has to be compared to or analyzed against Jiangsu Shuangxing's peers to derive any actionable benefits. When done correctly, Jiangsu Shuangxing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jiangsu Shuangxing Color.
Jiangsu Shuangxing Color Backtested Returns
Jiangsu Shuangxing Color holds Efficiency (Sharpe) Ratio of -0.0962, which attests that the entity had a -0.0962% return per unit of risk over the last 3 months. Jiangsu Shuangxing Color exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Shuangxing's Market Risk Adjusted Performance of 0.4794, downside deviation of 3.21, and Risk Adjusted Performance of 0.0285 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jiangsu Shuangxing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangsu Shuangxing is expected to be smaller as well. At this point, Jiangsu Shuangxing Color has a negative expected return of -0.28%. Please make sure to check out Jiangsu Shuangxing's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Jiangsu Shuangxing Color performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.33
Poor reverse predictability
Jiangsu Shuangxing Color has poor reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Shuangxing time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Jiangsu Shuangxing Color price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Jiangsu Shuangxing price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.33
Spearman Rank Test
-0.46
Residual Average
0.0
Price Variance
0.19
Jiangsu Shuangxing Color lagged returns against current returns
Autocorrelation, which is Jiangsu Shuangxing 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 Shuangxing's stock expected returns. We can calculate the autocorrelation of Jiangsu Shuangxing returns to help us make a trade decision. For example, suppose you find that Jiangsu Shuangxing 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 Shuangxing 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 Shuangxing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Shuangxing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Shuangxing stock over time.
Current vs Lagged Prices
Timeline
Jiangsu Shuangxing Lagged Returns
When evaluating Jiangsu Shuangxing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Shuangxing stock have on its future price. Jiangsu Shuangxing 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 Shuangxing autocorrelation shows the relationship between Jiangsu Shuangxing stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Shuangxing Color.
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.
Jiangsu Shuangxing 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 Shuangxing security.