Chenzhou Jingui (China) Market Value
| 002716 Stock | 3.86 0.06 1.58% |
| Symbol | Chenzhou |
Chenzhou Jingui '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 Chenzhou Jingui'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 Chenzhou Jingui.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Chenzhou Jingui on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Chenzhou Jingui Silver or generate 0.0% return on investment in Chenzhou Jingui over 90 days. Chenzhou Jingui is related to or competes with Air China, Zhejiang Qianjiang, Spring Airlines, Songz Automobile, Juneyao Airlines, Chinese Universe, and Time Publishing. Chenzhou Jingui is entity of China. It is traded as Stock on SHE exchange. More
Chenzhou Jingui 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 Chenzhou Jingui'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 Chenzhou Jingui Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0836 | |||
| Maximum Drawdown | 9.0 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 2.86 |
Chenzhou Jingui Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chenzhou Jingui's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chenzhou Jingui's standard deviation. In reality, there are many statistical measures that can use Chenzhou Jingui historical prices to predict the future Chenzhou Jingui's volatility.| Risk Adjusted Performance | 0.0351 | |||
| Jensen Alpha | 0.0949 | |||
| Total Risk Alpha | 0.3067 | |||
| Sortino Ratio | 0.0806 | |||
| Treynor Ratio | 0.1664 |
Chenzhou Jingui Silver Backtested Returns
At this point, Chenzhou Jingui is slightly risky. Chenzhou Jingui Silver secures Sharpe Ratio (or Efficiency) of 0.0267, which signifies that the company had a 0.0267 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Chenzhou Jingui Silver, which you can use to evaluate the volatility of the firm. Please confirm Chenzhou Jingui's mean deviation of 1.59, and Risk Adjusted Performance of 0.0351 to double-check if the risk estimate we provide is consistent with the expected return of 0.0464%. Chenzhou Jingui has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chenzhou Jingui's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chenzhou Jingui is expected to be smaller as well. Chenzhou Jingui Silver right now shows a risk of 1.74%. Please confirm Chenzhou Jingui Silver downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Chenzhou Jingui Silver will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
Chenzhou Jingui Silver has below average predictability. Overlapping area represents the amount of predictability between Chenzhou Jingui 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 Chenzhou Jingui Silver price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Chenzhou Jingui price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Chenzhou Jingui Silver lagged returns against current returns
Autocorrelation, which is Chenzhou Jingui 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 Chenzhou Jingui's stock expected returns. We can calculate the autocorrelation of Chenzhou Jingui returns to help us make a trade decision. For example, suppose you find that Chenzhou Jingui 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 |
Chenzhou Jingui 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 Chenzhou Jingui stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chenzhou Jingui stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chenzhou Jingui stock over time.
Current vs Lagged Prices |
| Timeline |
Chenzhou Jingui Lagged Returns
When evaluating Chenzhou Jingui's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chenzhou Jingui stock have on its future price. Chenzhou Jingui 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, Chenzhou Jingui autocorrelation shows the relationship between Chenzhou Jingui stock current value and its past values and can show if there is a momentum factor associated with investing in Chenzhou Jingui Silver.
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 Chenzhou Stock
Chenzhou Jingui financial ratios help investors to determine whether Chenzhou 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 Chenzhou with respect to the benefits of owning Chenzhou Jingui security.