Kuang Chi (China) Market Value
| 002625 Stock | 40.13 0.73 1.85% |
| Symbol | Kuang |
Kuang Chi '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 Kuang Chi'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 Kuang Chi.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Kuang Chi on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Kuang Chi Technologies or generate 0.0% return on investment in Kuang Chi over 360 days. Kuang Chi is related to or competes with BYD Co, China Mobile, Agricultural Bank, Industrial, China State, China Construction, and PetroChina. Kuang Chi is entity of China. It is traded as Stock on SHE exchange. More
Kuang Chi 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 Kuang Chi'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 Kuang Chi Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.41 | |||
| Information Ratio | 0.2831 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (6.05) | |||
| Potential Upside | 10.0 |
Kuang Chi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kuang Chi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kuang Chi's standard deviation. In reality, there are many statistical measures that can use Kuang Chi historical prices to predict the future Kuang Chi's volatility.| Risk Adjusted Performance | 0.2466 | |||
| Jensen Alpha | 1.49 | |||
| Total Risk Alpha | 0.6888 | |||
| Sortino Ratio | 0.3099 | |||
| Treynor Ratio | 36.28 |
Kuang Chi Technologies Backtested Returns
Kuang Chi is not too volatile given 3 months investment horizon. Kuang Chi Technologies has Sharpe Ratio of 0.32, which conveys that the firm had a 0.32% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Kuang Chi Technologies Mean Deviation of 3.77, risk adjusted performance of 0.2466, and Downside Deviation of 4.41 to evaluate company specific risk that cannot be diversified away. Kuang Chi holds a performance score of 25 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0412, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kuang Chi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kuang Chi is expected to be smaller as well. Use Kuang Chi Technologies semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on Kuang Chi Technologies.
Auto-correlation | 0.69 |
Good predictability
Kuang Chi Technologies has good predictability. Overlapping area represents the amount of predictability between Kuang Chi time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Kuang Chi Technologies price movement. The serial correlation of 0.69 indicates that around 69.0% of current Kuang Chi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 109.89 |
Kuang Chi Technologies lagged returns against current returns
Autocorrelation, which is Kuang Chi 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 Kuang Chi's stock expected returns. We can calculate the autocorrelation of Kuang Chi returns to help us make a trade decision. For example, suppose you find that Kuang Chi 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 |
Kuang Chi 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 Kuang Chi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kuang Chi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kuang Chi stock over time.
Current vs Lagged Prices |
| Timeline |
Kuang Chi Lagged Returns
When evaluating Kuang Chi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kuang Chi stock have on its future price. Kuang Chi 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, Kuang Chi autocorrelation shows the relationship between Kuang Chi stock current value and its past values and can show if there is a momentum factor associated with investing in Kuang Chi Technologies.
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 Kuang Stock
Kuang Chi financial ratios help investors to determine whether Kuang 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 Kuang with respect to the benefits of owning Kuang Chi security.