Impulse Qingdao (China) Market Value
| 002899 Stock | 23.16 0.01 0.04% |
| Symbol | Impulse |
Impulse Qingdao '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 Impulse Qingdao'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 Impulse Qingdao.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Impulse Qingdao on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Impulse Qingdao Health or generate 0.0% return on investment in Impulse Qingdao over 30 days. Impulse Qingdao is related to or competes with Lutian Machinery, China Longyuan, PetroChina, Bank of China, Guangxi Guiguan, Yantai North, and Huaneng Lancang. Impulse Qingdao is entity of China. It is traded as Stock on SHE exchange. More
Impulse Qingdao 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 Impulse Qingdao'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 Impulse Qingdao Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.75 | |||
| Information Ratio | 0.2063 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 10.01 |
Impulse Qingdao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Impulse Qingdao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Impulse Qingdao's standard deviation. In reality, there are many statistical measures that can use Impulse Qingdao historical prices to predict the future Impulse Qingdao's volatility.| Risk Adjusted Performance | 0.1777 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | 0.8663 | |||
| Sortino Ratio | 0.2624 | |||
| Treynor Ratio | (3.24) |
Impulse Qingdao Health Backtested Returns
Impulse Qingdao is somewhat reliable given 3 months investment horizon. Impulse Qingdao Health holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Impulse Qingdao Health Risk Adjusted Performance of 0.1777, downside deviation of 3.75, and Market Risk Adjusted Performance of (3.23) to evaluate company specific risk that cannot be diversified away. Impulse Qingdao holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Impulse Qingdao are expected to decrease at a much lower rate. During the bear market, Impulse Qingdao is likely to outperform the market. Use Impulse Qingdao Health information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Impulse Qingdao Health.
Auto-correlation | 0.45 |
Average predictability
Impulse Qingdao Health has average predictability. Overlapping area represents the amount of predictability between Impulse Qingdao time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 Impulse Qingdao Health price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Impulse Qingdao price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 2.74 |
Impulse Qingdao Health lagged returns against current returns
Autocorrelation, which is Impulse Qingdao 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 Impulse Qingdao's stock expected returns. We can calculate the autocorrelation of Impulse Qingdao returns to help us make a trade decision. For example, suppose you find that Impulse Qingdao 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 |
Impulse Qingdao 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 Impulse Qingdao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Impulse Qingdao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Impulse Qingdao stock over time.
Current vs Lagged Prices |
| Timeline |
Impulse Qingdao Lagged Returns
When evaluating Impulse Qingdao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Impulse Qingdao stock have on its future price. Impulse Qingdao 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, Impulse Qingdao autocorrelation shows the relationship between Impulse Qingdao stock current value and its past values and can show if there is a momentum factor associated with investing in Impulse Qingdao Health.
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 Impulse Stock
Impulse Qingdao financial ratios help investors to determine whether Impulse 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 Impulse with respect to the benefits of owning Impulse Qingdao security.