East Money's market value is the price at which a share of East Money trades on a public exchange. It measures the collective expectations of East Money Information investors about its performance. East Money is trading at 25.82 as of the 2nd of January 2025, a 4.93 percent decrease since the beginning of the trading day. The stock's open price was 27.16. With this module, you can estimate the performance of a buy and hold strategy of East Money Information and determine expected loss or profit from investing in East Money over a given investment horizon. Check out East Money Correlation, East Money Volatility and East Money Alpha and Beta module to complement your research on East Money.
Please note, there is a significant difference between East Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if East Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, East Money's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
East Money '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 East Money'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 East Money.
0.00
07/06/2024
No Change 0.00
0.0
In 5 months and 30 days
01/02/2025
0.00
If you would invest 0.00 in East Money on July 6, 2024 and sell it all today you would earn a total of 0.00 from holding East Money Information or generate 0.0% return on investment in East Money over 180 days. East Money is related to or competes with Kweichow Moutai, Contemporary Amperex, G Bits, Beijing Roborock, BYD Co, Anhui Gujing, and Anhui Gujing. East Money is entity of China. It is traded as Stock on SHE exchange. More
East Money 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 East Money'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 East Money Information upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for East Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as East Money's standard deviation. In reality, there are many statistical measures that can use East Money historical prices to predict the future East Money's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as East Money. Your research has to be compared to or analyzed against East Money's peers to derive any actionable benefits. When done correctly, East Money's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in East Money Information.
East Money Information Backtested Returns
East Money appears to be not too volatile, given 3 months investment horizon. East Money Information secures Sharpe Ratio (or Efficiency) of 0.0431, which denotes the company had a 0.0431% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for East Money Information, which you can use to evaluate the volatility of the firm. Please utilize East Money's Mean Deviation of 4.11, coefficient of variation of 465.02, and Downside Deviation of 4.24 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, East Money holds a performance score of 3. The firm shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, East Money's returns are expected to increase less than the market. However, during the bear market, the loss of holding East Money is expected to be smaller as well. Please check East Money's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether East Money's price patterns will revert.
Auto-correlation
0.16
Very weak predictability
East Money Information has very weak predictability. Overlapping area represents the amount of predictability between East Money time series from 6th of July 2024 to 4th of October 2024 and 4th of October 2024 to 2nd 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 East Money Information price movement. The serial correlation of 0.16 indicates that over 16.0% of current East Money price fluctuation can be explain by its past prices.
Correlation Coefficient
0.16
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
6.18
East Money Information lagged returns against current returns
Autocorrelation, which is East Money 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 East Money's stock expected returns. We can calculate the autocorrelation of East Money returns to help us make a trade decision. For example, suppose you find that East Money 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
East Money 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 East Money stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if East Money stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in East Money stock over time.
Current vs Lagged Prices
Timeline
East Money Lagged Returns
When evaluating East Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of East Money stock have on its future price. East Money 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, East Money autocorrelation shows the relationship between East Money stock current value and its past values and can show if there is a momentum factor associated with investing in East Money Information.
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.
East Money financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East Money security.