China Medical (Germany) Market Value
| 2M7C Stock | EUR 0.93 0.01 1.06% |
| Symbol | China |
China Medical '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 Medical'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 Medical.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in China Medical on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding China Medical System or generate 0.0% return on investment in China Medical over 90 days. China Medical is related to or competes with Nomad Foods, Moneysupermarket, SENECA FOODS-A, Broadridge Financial, TYSON FOODS, and Maple Leaf. China Medical System Holdings Limited, an investment holding company, produces medicines and markets, promotes, and sell... More
China Medical 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 Medical'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 Medical System upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0527 | |||
| Maximum Drawdown | 8.56 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.61 |
China Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Medical's standard deviation. In reality, there are many statistical measures that can use China Medical historical prices to predict the future China Medical's volatility.| Risk Adjusted Performance | 1.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.2761 | |||
| Treynor Ratio | (0.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Medical System Backtested Returns
At this point, China Medical is very risky. China Medical System secures Sharpe Ratio (or Efficiency) of 0.028, which signifies that the company had a 0.028 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for China Medical System, which you can use to evaluate the volatility of the firm. Please confirm China Medical's Standard Deviation of 1.96, mean deviation of 1.46, and Risk Adjusted Performance of 1.0E-4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0554%. China Medical has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0939, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Medical is expected to be smaller as well. China Medical System right now shows a risk of 1.98%. Please confirm China Medical System standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if China Medical System will be following its price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
China Medical System has very good reverse predictability. Overlapping area represents the amount of predictability between China Medical time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 China Medical System price movement. The serial correlation of -0.67 indicates that around 67.0% of current China Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Medical System lagged returns against current returns
Autocorrelation, which is China Medical 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 Medical's stock expected returns. We can calculate the autocorrelation of China Medical returns to help us make a trade decision. For example, suppose you find that China Medical 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 Medical 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 Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Medical stock over time.
Current vs Lagged Prices |
| Timeline |
China Medical Lagged Returns
When evaluating China Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Medical stock have on its future price. China Medical 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 Medical autocorrelation shows the relationship between China Medical stock current value and its past values and can show if there is a momentum factor associated with investing in China Medical System.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China Medical 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 Medical security.