Limin Chemical (China) Market Value
| 002734 Stock | 9.58 0.20 2.04% |
| Symbol | Limin |
Limin Chemical '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 Limin Chemical'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 Limin Chemical.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Limin Chemical on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Limin Chemical Co or generate 0.0% return on investment in Limin Chemical over 90 days. Limin Chemical is related to or competes with Runjian Communication, Huizhou Speed, Offshore Oil, Juneyao Airlines, China Life, Queclink Wireless, and China Mobile. Limin Chemical is entity of China. It is traded as Stock on SHE exchange. More
Limin Chemical 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 Limin Chemical'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 Limin Chemical Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.1139 | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 5.26 |
Limin Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Limin Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Limin Chemical's standard deviation. In reality, there are many statistical measures that can use Limin Chemical historical prices to predict the future Limin Chemical's volatility.| Risk Adjusted Performance | 0.0571 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.4629 | |||
| Sortino Ratio | 0.1268 | |||
| Treynor Ratio | 0.5541 |
Limin Chemical Backtested Returns
At this point, Limin Chemical is not too volatile. Limin Chemical has Sharpe Ratio of 0.0836, which conveys that the firm had a 0.0836 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Limin Chemical, which you can use to evaluate the volatility of the firm. Please verify Limin Chemical's Mean Deviation of 1.54, risk adjusted performance of 0.0571, and Downside Deviation of 1.99 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Limin Chemical has a performance score of 6 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Limin Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Limin Chemical is expected to be smaller as well. Limin Chemical right now secures a risk of 2.23%. Please verify Limin Chemical Co coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Limin Chemical Co will be following its current price movements.
Auto-correlation | -0.22 |
Weak reverse predictability
Limin Chemical Co has weak reverse predictability. Overlapping area represents the amount of predictability between Limin Chemical time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Limin Chemical price movement. The serial correlation of -0.22 indicates that over 22.0% of current Limin Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Limin Chemical lagged returns against current returns
Autocorrelation, which is Limin Chemical 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 Limin Chemical's stock expected returns. We can calculate the autocorrelation of Limin Chemical returns to help us make a trade decision. For example, suppose you find that Limin Chemical 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 |
Limin Chemical 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 Limin Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Limin Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Limin Chemical stock over time.
Current vs Lagged Prices |
| Timeline |
Limin Chemical Lagged Returns
When evaluating Limin Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Limin Chemical stock have on its future price. Limin Chemical 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, Limin Chemical autocorrelation shows the relationship between Limin Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Limin Chemical Co.
Regressed Prices |
| Timeline |
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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 Limin Stock
Limin Chemical financial ratios help investors to determine whether Limin 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 Limin with respect to the benefits of owning Limin Chemical security.