SIASUN Robot (China) Market Value
| 300024 Stock | 20.03 0.97 4.62% |
| Symbol | SIASUN |
SIASUN Robot '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 SIASUN Robot'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 SIASUN Robot.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in SIASUN Robot on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding SIASUN Robot Automation or generate 0.0% return on investment in SIASUN Robot over 720 days. SIASUN Robot is related to or competes with Air China, Ping An, Hua Xia, Qilu Bank, Harbin Air, Industrial Bank, and Hangzhou Pinming. SIASUN Robot is entity of China. It is traded as Stock on SHE exchange. More
SIASUN Robot 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 SIASUN Robot'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 SIASUN Robot Automation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.99 | |||
| Information Ratio | 0.2085 | |||
| Maximum Drawdown | 33.0 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 16.95 |
SIASUN Robot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIASUN Robot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIASUN Robot's standard deviation. In reality, there are many statistical measures that can use SIASUN Robot historical prices to predict the future SIASUN Robot's volatility.| Risk Adjusted Performance | 0.1675 | |||
| Jensen Alpha | 1.39 | |||
| Total Risk Alpha | 0.9066 | |||
| Sortino Ratio | 0.3438 | |||
| Treynor Ratio | 2.07 |
SIASUN Robot Automation Backtested Returns
SIASUN Robot is somewhat reliable given 3 months investment horizon. SIASUN Robot Automation retains Efficiency (Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use SIASUN Robot Automation downside deviation of 3.99, and Risk Adjusted Performance of 0.1675 to evaluate company specific risk that cannot be diversified away. SIASUN Robot holds a performance score of 17 on a scale of zero to a hundred. The entity owns a Beta (Systematic Risk) of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SIASUN Robot's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIASUN Robot is expected to be smaller as well. Use SIASUN Robot Automation market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on SIASUN Robot Automation.
Auto-correlation | -0.2 |
Insignificant reverse predictability
SIASUN Robot Automation has insignificant reverse predictability. Overlapping area represents the amount of predictability between SIASUN Robot time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 SIASUN Robot Automation price movement. The serial correlation of -0.2 indicates that over 20.0% of current SIASUN Robot price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 12.09 |
SIASUN Robot Automation lagged returns against current returns
Autocorrelation, which is SIASUN Robot 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 SIASUN Robot's stock expected returns. We can calculate the autocorrelation of SIASUN Robot returns to help us make a trade decision. For example, suppose you find that SIASUN Robot 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 |
SIASUN Robot 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 SIASUN Robot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIASUN Robot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIASUN Robot stock over time.
Current vs Lagged Prices |
| Timeline |
SIASUN Robot Lagged Returns
When evaluating SIASUN Robot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIASUN Robot stock have on its future price. SIASUN Robot 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, SIASUN Robot autocorrelation shows the relationship between SIASUN Robot stock current value and its past values and can show if there is a momentum factor associated with investing in SIASUN Robot Automation.
Regressed Prices |
| Timeline |
Also Currently Popular
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 SIASUN Stock
SIASUN Robot financial ratios help investors to determine whether SIASUN 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 SIASUN with respect to the benefits of owning SIASUN Robot security.