Simei Media's market value is the price at which a share of Simei Media trades on a public exchange. It measures the collective expectations of Simei Media Co investors about its performance. Simei Media is trading at 4.65 as of the 6th of January 2025, a 3.12 percent decrease since the beginning of the trading day. The stock's open price was 4.8. With this module, you can estimate the performance of a buy and hold strategy of Simei Media Co and determine expected loss or profit from investing in Simei Media over a given investment horizon. Check out Simei Media Correlation, Simei Media Volatility and Simei Media Alpha and Beta module to complement your research on Simei Media.
Please note, there is a significant difference between Simei Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simei Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simei Media'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.
Simei Media '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 Simei Media'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 Simei Media.
0.00
12/07/2024
No Change 0.00
0.0
In 31 days
01/06/2025
0.00
If you would invest 0.00 in Simei Media on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Simei Media Co or generate 0.0% return on investment in Simei Media over 30 days. Simei Media is related to or competes with China Life, Cinda Securities, Piotech, Dongxing Sec, Shanghai OPM, National Silicon, and China Molybdenum. Simei Media is entity of China. It is traded as Stock on SHE exchange. More
Simei Media 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 Simei Media'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 Simei Media Co 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 Simei Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simei Media's standard deviation. In reality, there are many statistical measures that can use Simei Media historical prices to predict the future Simei Media's volatility.
At this point, Simei Media is unstable. Simei Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0177, which indicates the firm had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Simei Media Co, which you can use to evaluate the volatility of the company. Please validate Simei Media's Coefficient Of Variation of 1317.56, semi deviation of 5.27, and Risk Adjusted Performance of 0.0701 to confirm if the risk estimate we provide is consistent with the expected return of 0.0952%. Simei Media has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Simei Media are expected to decrease at a much lower rate. During the bear market, Simei Media is likely to outperform the market. Simei Media right now has a risk of 5.39%. Please validate Simei Media coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Simei Media will be following its existing price patterns.
Auto-correlation
0.10
Insignificant predictability
Simei Media Co has insignificant predictability. Overlapping area represents the amount of predictability between Simei Media time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Simei Media price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Simei Media price fluctuation can be explain by its past prices.
Correlation Coefficient
0.1
Spearman Rank Test
-0.32
Residual Average
0.0
Price Variance
0.11
Simei Media lagged returns against current returns
Autocorrelation, which is Simei Media 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 Simei Media's stock expected returns. We can calculate the autocorrelation of Simei Media returns to help us make a trade decision. For example, suppose you find that Simei Media 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
Simei Media 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 Simei Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simei Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simei Media stock over time.
Current vs Lagged Prices
Timeline
Simei Media Lagged Returns
When evaluating Simei Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simei Media stock have on its future price. Simei Media 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, Simei Media autocorrelation shows the relationship between Simei Media stock current value and its past values and can show if there is a momentum factor associated with investing in Simei Media Co.
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.
Simei Media financial ratios help investors to determine whether Simei 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 Simei with respect to the benefits of owning Simei Media security.