Suzhou Cheersson (China) Market Value
| 002976 Stock | 21.06 0.14 0.66% |
| Symbol | Suzhou |
Suzhou Cheersson '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 Suzhou Cheersson'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 Suzhou Cheersson.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Suzhou Cheersson on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Suzhou Cheersson Precision or generate 0.0% return on investment in Suzhou Cheersson over 720 days. Suzhou Cheersson is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, BYD Co, Shenzhen Mindray, Contemporary Amperex, and Beijing Roborock. Suzhou Cheersson is entity of China. It is traded as Stock on SHE exchange. More
Suzhou Cheersson 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 Suzhou Cheersson'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 Suzhou Cheersson Precision upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.77 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 4.72 |
Suzhou Cheersson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzhou Cheersson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzhou Cheersson's standard deviation. In reality, there are many statistical measures that can use Suzhou Cheersson historical prices to predict the future Suzhou Cheersson's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.58) |
Suzhou Cheersson Pre Backtested Returns
Suzhou Cheersson Pre owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0201, which indicates the firm had a -0.0201 % return per unit of risk over the last 3 months. Suzhou Cheersson Precision exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Suzhou Cheersson's Risk Adjusted Performance of (0.01), variance of 10.11, and Coefficient Of Variation of (5,586) to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Suzhou Cheersson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Suzhou Cheersson is expected to be smaller as well. At this point, Suzhou Cheersson Pre has a negative expected return of -0.0649%. Please make sure to validate Suzhou Cheersson's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Suzhou Cheersson Pre performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Suzhou Cheersson Precision has poor reverse predictability. Overlapping area represents the amount of predictability between Suzhou Cheersson time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd 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 Suzhou Cheersson Pre price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Suzhou Cheersson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 4.86 |
Suzhou Cheersson Pre lagged returns against current returns
Autocorrelation, which is Suzhou Cheersson 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 Suzhou Cheersson's stock expected returns. We can calculate the autocorrelation of Suzhou Cheersson returns to help us make a trade decision. For example, suppose you find that Suzhou Cheersson 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 |
Suzhou Cheersson 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 Suzhou Cheersson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzhou Cheersson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzhou Cheersson stock over time.
Current vs Lagged Prices |
| Timeline |
Suzhou Cheersson Lagged Returns
When evaluating Suzhou Cheersson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzhou Cheersson stock have on its future price. Suzhou Cheersson 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, Suzhou Cheersson autocorrelation shows the relationship between Suzhou Cheersson stock current value and its past values and can show if there is a momentum factor associated with investing in Suzhou Cheersson Precision.
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 Suzhou Stock
Suzhou Cheersson financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Cheersson security.