CHINA VANKE (Germany) Market Value
| 18V Stock | EUR 0.67 0.02 2.90% |
| Symbol | CHINA |
CHINA VANKE '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 CHINA VANKE'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 CHINA VANKE.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in CHINA VANKE on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding CHINA VANKE TD or generate 0.0% return on investment in CHINA VANKE over 180 days. CHINA VANKE is related to or competes with Sun Hung, China Overseas, Longfor Group, Mitsui Fudosan, Mitsubishi Estate, and Daiwa House. China Vanke Co., Ltd., a real-estate company, develops and sells properties in the Peoples Republic of China More
CHINA VANKE 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 CHINA VANKE'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 CHINA VANKE TD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.79 | |||
| Information Ratio | 0.0874 | |||
| Maximum Drawdown | 78.55 | |||
| Value At Risk | (8.14) | |||
| Potential Upside | 11.84 |
CHINA VANKE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA VANKE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA VANKE's standard deviation. In reality, there are many statistical measures that can use CHINA VANKE historical prices to predict the future CHINA VANKE's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.8801 | |||
| Total Risk Alpha | 0.6129 | |||
| Sortino Ratio | 0.1281 | |||
| Treynor Ratio | 1.73 |
CHINA VANKE TD Backtested Returns
CHINA VANKE appears to be out of control, given 3 months investment horizon. CHINA VANKE TD secures Sharpe Ratio (or Efficiency) of 0.0875, which signifies that the company had a 0.0875% return per unit of return volatility over the last 3 months. By examining CHINA VANKE's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please makes use of CHINA VANKE's Mean Deviation of 5.68, risk adjusted performance of 0.081, and Semi Deviation of 6.07 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CHINA VANKE holds a performance score of 6. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CHINA VANKE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA VANKE is expected to be smaller as well. Please check CHINA VANKE's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether CHINA VANKE's price patterns will revert.
Auto-correlation | 0.16 |
Very weak predictability
CHINA VANKE TD has very weak predictability. Overlapping area represents the amount of predictability between CHINA VANKE time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 CHINA VANKE TD price movement. The serial correlation of 0.16 indicates that over 16.0% of current CHINA VANKE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
CHINA VANKE TD lagged returns against current returns
Autocorrelation, which is CHINA VANKE 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 CHINA VANKE's stock expected returns. We can calculate the autocorrelation of CHINA VANKE returns to help us make a trade decision. For example, suppose you find that CHINA VANKE 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 |
CHINA VANKE 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 CHINA VANKE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA VANKE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA VANKE stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA VANKE Lagged Returns
When evaluating CHINA VANKE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA VANKE stock have on its future price. CHINA VANKE 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, CHINA VANKE autocorrelation shows the relationship between CHINA VANKE stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA VANKE TD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHINA Stock
CHINA VANKE financial ratios help investors to determine whether CHINA 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 CHINA with respect to the benefits of owning CHINA VANKE security.