ShenZhen YUTO's market value is the price at which a share of ShenZhen YUTO trades on a public exchange. It measures the collective expectations of ShenZhen YUTO Packaging investors about its performance. ShenZhen YUTO is trading at 27.03 as of the 2nd of January 2025, a 0.26 percent decrease since the beginning of the trading day. The stock's open price was 27.1. With this module, you can estimate the performance of a buy and hold strategy of ShenZhen YUTO Packaging and determine expected loss or profit from investing in ShenZhen YUTO over a given investment horizon. Check out ShenZhen YUTO Correlation, ShenZhen YUTO Volatility and ShenZhen YUTO Alpha and Beta module to complement your research on ShenZhen YUTO.
Please note, there is a significant difference between ShenZhen YUTO's value and its price as these two are different measures arrived at by different means. Investors typically determine if ShenZhen YUTO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ShenZhen YUTO'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.
ShenZhen YUTO '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 ShenZhen YUTO'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 ShenZhen YUTO.
0.00
01/13/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/02/2025
0.00
If you would invest 0.00 in ShenZhen YUTO on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding ShenZhen YUTO Packaging or generate 0.0% return on investment in ShenZhen YUTO over 720 days. ShenZhen YUTO is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, and Jiangxi Ganfeng. ShenZhen YUTO is entity of China. It is traded as Stock on SHE exchange. More
ShenZhen YUTO 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 ShenZhen YUTO'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 ShenZhen YUTO Packaging 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 ShenZhen YUTO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ShenZhen YUTO's standard deviation. In reality, there are many statistical measures that can use ShenZhen YUTO historical prices to predict the future ShenZhen YUTO's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ShenZhen YUTO. Your research has to be compared to or analyzed against ShenZhen YUTO's peers to derive any actionable benefits. When done correctly, ShenZhen YUTO'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 ShenZhen YUTO Packaging.
ShenZhen YUTO Packaging Backtested Returns
At this point, ShenZhen YUTO is very steady. ShenZhen YUTO Packaging owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0717, which indicates the firm had a 0.0717% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ShenZhen YUTO Packaging, which you can use to evaluate the volatility of the company. Please validate ShenZhen YUTO's Risk Adjusted Performance of 0.1457, semi deviation of 1.37, and Coefficient Of Variation of 577.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. ShenZhen YUTO has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.0614, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ShenZhen YUTO are expected to decrease at a much lower rate. During the bear market, ShenZhen YUTO is likely to outperform the market. ShenZhen YUTO Packaging right now has a risk of 1.74%. Please validate ShenZhen YUTO downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if ShenZhen YUTO will be following its existing price patterns.
Auto-correlation
0.24
Weak predictability
ShenZhen YUTO Packaging has weak predictability. Overlapping area represents the amount of predictability between ShenZhen YUTO time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 ShenZhen YUTO Packaging price movement. The serial correlation of 0.24 indicates that over 24.0% of current ShenZhen YUTO price fluctuation can be explain by its past prices.
Correlation Coefficient
0.24
Spearman Rank Test
-0.21
Residual Average
0.0
Price Variance
2.07
ShenZhen YUTO Packaging lagged returns against current returns
Autocorrelation, which is ShenZhen YUTO 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 ShenZhen YUTO's stock expected returns. We can calculate the autocorrelation of ShenZhen YUTO returns to help us make a trade decision. For example, suppose you find that ShenZhen YUTO 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
ShenZhen YUTO 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 ShenZhen YUTO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ShenZhen YUTO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ShenZhen YUTO stock over time.
Current vs Lagged Prices
Timeline
ShenZhen YUTO Lagged Returns
When evaluating ShenZhen YUTO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ShenZhen YUTO stock have on its future price. ShenZhen YUTO 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, ShenZhen YUTO autocorrelation shows the relationship between ShenZhen YUTO stock current value and its past values and can show if there is a momentum factor associated with investing in ShenZhen YUTO Packaging.
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.
ShenZhen YUTO financial ratios help investors to determine whether ShenZhen 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 ShenZhen with respect to the benefits of owning ShenZhen YUTO security.