Xinyi Solar (Germany) Market Value
| 13X Stock | EUR 0.38 0.03 7.32% |
| Symbol | Xinyi |
Xinyi Solar '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 Xinyi Solar'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 Xinyi Solar.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Xinyi Solar on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Xinyi Solar Holdings or generate 0.0% return on investment in Xinyi Solar over 90 days. Xinyi Solar is related to or competes with AcadeMedia, NXP Semiconductors, Hua Hong, Media, and GigaMedia. Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the Peoples Repu... More
Xinyi Solar 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 Xinyi Solar'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 Xinyi Solar Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | 0.0791 | |||
| Maximum Drawdown | 16.78 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.26 |
Xinyi Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xinyi Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xinyi Solar's standard deviation. In reality, there are many statistical measures that can use Xinyi Solar historical prices to predict the future Xinyi Solar's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 0.1973 | |||
| Total Risk Alpha | 0.6503 | |||
| Sortino Ratio | 0.065 | |||
| Treynor Ratio | 1.61 |
Xinyi Solar Holdings Backtested Returns
At this point, Xinyi Solar is out of control. Xinyi Solar Holdings shows Sharpe Ratio of 0.0524, which attests that the company had a 0.0524 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xinyi Solar Holdings, which you can use to evaluate the volatility of the company. Please check out Xinyi Solar's Mean Deviation of 2.89, market risk adjusted performance of 1.62, and Downside Deviation of 4.52 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Xinyi Solar has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xinyi Solar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xinyi Solar is expected to be smaller as well. Xinyi Solar Holdings right now maintains a risk of 3.72%. Please check out Xinyi Solar Holdings coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Xinyi Solar Holdings will be following its historical returns.
Auto-correlation | 0.12 |
Insignificant predictability
Xinyi Solar Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Xinyi Solar time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Xinyi Solar Holdings price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Xinyi Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xinyi Solar Holdings lagged returns against current returns
Autocorrelation, which is Xinyi Solar 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 Xinyi Solar's stock expected returns. We can calculate the autocorrelation of Xinyi Solar returns to help us make a trade decision. For example, suppose you find that Xinyi Solar 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 |
Xinyi Solar 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 Xinyi Solar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xinyi Solar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xinyi Solar stock over time.
Current vs Lagged Prices |
| Timeline |
Xinyi Solar Lagged Returns
When evaluating Xinyi Solar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xinyi Solar stock have on its future price. Xinyi Solar 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, Xinyi Solar autocorrelation shows the relationship between Xinyi Solar stock current value and its past values and can show if there is a momentum factor associated with investing in Xinyi Solar Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xinyi Stock
Xinyi Solar financial ratios help investors to determine whether Xinyi 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 Xinyi with respect to the benefits of owning Xinyi Solar security.