Xiwang Special (Germany) Market Value
| 2XI Stock | EUR 0.0001 0.00 0.00% |
| Symbol | Xiwang |
Xiwang Special '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 Xiwang Special'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 Xiwang Special.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Xiwang Special on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Xiwang Special Steel or generate 0.0% return on investment in Xiwang Special over 60 days. Xiwang Special is related to or competes with CDN IMPERIAL, National Bank, DeVry Education, STRAYER EDUCATION, Cincinnati Financial, and CVB Financial. Xiwang Special Steel Company Limited, together with its subsidiaries, manufactures and sells electric arc furnace-based ... More
Xiwang Special 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 Xiwang Special'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 Xiwang Special Steel upside and downside potential and time the market with a certain degree of confidence.
Xiwang Special Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xiwang Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xiwang Special's standard deviation. In reality, there are many statistical measures that can use Xiwang Special historical prices to predict the future Xiwang Special's volatility.Xiwang Special Steel Backtested Returns
We have found three technical indicators for Xiwang Special Steel, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Xiwang Special are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Xiwang Special Steel has no correlation between past and present. Overlapping area represents the amount of predictability between Xiwang Special time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Xiwang Special Steel price movement. The serial correlation of 0.0 indicates that just 0.0% of current Xiwang Special price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Xiwang Special Steel lagged returns against current returns
Autocorrelation, which is Xiwang Special 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 Xiwang Special's stock expected returns. We can calculate the autocorrelation of Xiwang Special returns to help us make a trade decision. For example, suppose you find that Xiwang Special 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 |
Xiwang Special 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 Xiwang Special stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xiwang Special stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xiwang Special stock over time.
Current vs Lagged Prices |
| Timeline |
Xiwang Special Lagged Returns
When evaluating Xiwang Special's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xiwang Special stock have on its future price. Xiwang Special 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, Xiwang Special autocorrelation shows the relationship between Xiwang Special stock current value and its past values and can show if there is a momentum factor associated with investing in Xiwang Special Steel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xiwang Stock
Xiwang Special financial ratios help investors to determine whether Xiwang 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 Xiwang with respect to the benefits of owning Xiwang Special security.