Yankershop Food (China) Market Value
| 002847 Stock | 59.82 5.44 10.00% |
| Symbol | Yankershop |
Yankershop Food '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 Yankershop Food'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 Yankershop Food.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Yankershop Food on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Yankershop Food Co or generate 0.0% return on investment in Yankershop Food over 720 days. Yankershop Food is related to or competes with Nanjing Putian, Tianjin Realty, Kangyue Technology, Shenzhen Hifuture, Shenzhen Changfang, Shenyang Huitian, and Jiangsu Xinning. Yankershop Food is entity of China. It is traded as Stock on SHE exchange. More
Yankershop Food 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 Yankershop Food'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 Yankershop Food Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.1923 | |||
| Maximum Drawdown | 17.84 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 5.69 |
Yankershop Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yankershop Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yankershop Food's standard deviation. In reality, there are many statistical measures that can use Yankershop Food historical prices to predict the future Yankershop Food's volatility.| Risk Adjusted Performance | 0.168 | |||
| Jensen Alpha | 0.6023 | |||
| Total Risk Alpha | 0.5372 | |||
| Sortino Ratio | 0.2478 | |||
| Treynor Ratio | 0.6114 |
Yankershop Food Backtested Returns
Yankershop Food appears to be very steady, given 3 months investment horizon. Yankershop Food shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Yankershop Food's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Yankershop Food's Mean Deviation of 2.29, downside deviation of 2.43, and Market Risk Adjusted Performance of 0.6214 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yankershop Food holds a performance score of 15. The firm maintains a market beta of 1.02, which attests to a somewhat significant risk relative to the market. Yankershop Food returns are very sensitive to returns on the market. As the market goes up or down, Yankershop Food is expected to follow. Please check Yankershop Food's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Yankershop Food's historical returns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Yankershop Food Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Yankershop Food time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 Yankershop Food price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Yankershop Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 33.16 |
Yankershop Food lagged returns against current returns
Autocorrelation, which is Yankershop Food 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 Yankershop Food's stock expected returns. We can calculate the autocorrelation of Yankershop Food returns to help us make a trade decision. For example, suppose you find that Yankershop Food 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 |
Yankershop Food 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 Yankershop Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yankershop Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yankershop Food stock over time.
Current vs Lagged Prices |
| Timeline |
Yankershop Food Lagged Returns
When evaluating Yankershop Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yankershop Food stock have on its future price. Yankershop Food 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, Yankershop Food autocorrelation shows the relationship between Yankershop Food stock current value and its past values and can show if there is a momentum factor associated with investing in Yankershop Food 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.Other Information on Investing in Yankershop Stock
Yankershop Food financial ratios help investors to determine whether Yankershop 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 Yankershop with respect to the benefits of owning Yankershop Food security.