Tangel Publishing (China) Market Value
300148 Stock | 5.02 0.32 5.99% |
Symbol | Tangel |
Tangel Publishing '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 Tangel Publishing'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 Tangel Publishing.
12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Tangel Publishing on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Tangel Publishing or generate 0.0% return on investment in Tangel Publishing over 90 days. Tangel Publishing is related to or competes with Ligao Foods, State Grid, Eastroc Beverage, Muyuan Foodstuff, Jilin Jlu, Shaanxi Meineng, and Youyou Foods Co. Tangel Publishing is entity of China. It is traded as Stock on SHE exchange. More
Tangel Publishing 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 Tangel Publishing'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 Tangel Publishing upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 4.54 | |||
Information Ratio | 0.0898 | |||
Maximum Drawdown | 26.77 | |||
Value At Risk | (6.77) | |||
Potential Upside | 6.73 |
Tangel Publishing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tangel Publishing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tangel Publishing's standard deviation. In reality, there are many statistical measures that can use Tangel Publishing historical prices to predict the future Tangel Publishing's volatility.Risk Adjusted Performance | 0.0616 | |||
Jensen Alpha | 0.3606 | |||
Total Risk Alpha | 0.9795 | |||
Sortino Ratio | 0.0904 | |||
Treynor Ratio | 0.4669 |
Tangel Publishing Backtested Returns
At this point, Tangel Publishing is relatively risky. Tangel Publishing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0144, which indicates the firm had a 0.0144 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tangel Publishing, which you can use to evaluate the volatility of the company. Please validate Tangel Publishing's Semi Deviation of 4.04, risk adjusted performance of 0.0616, and Coefficient Of Variation of 1555.53 to confirm if the risk estimate we provide is consistent with the expected return of 0.0687%. Tangel Publishing has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tangel Publishing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tangel Publishing is expected to be smaller as well. Tangel Publishing right now has a risk of 4.78%. Please validate Tangel Publishing information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Tangel Publishing will be following its existing price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Tangel Publishing has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tangel Publishing 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 Tangel Publishing price movement. The serial correlation of -0.71 indicates that around 71.0% of current Tangel Publishing price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.71 | |
Spearman Rank Test | -0.53 | |
Residual Average | 0.0 | |
Price Variance | 0.23 |
Tangel Publishing lagged returns against current returns
Autocorrelation, which is Tangel Publishing 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 Tangel Publishing's stock expected returns. We can calculate the autocorrelation of Tangel Publishing returns to help us make a trade decision. For example, suppose you find that Tangel Publishing 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 |
Tangel Publishing 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 Tangel Publishing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tangel Publishing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tangel Publishing stock over time.
Current vs Lagged Prices |
Timeline |
Tangel Publishing Lagged Returns
When evaluating Tangel Publishing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tangel Publishing stock have on its future price. Tangel Publishing 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, Tangel Publishing autocorrelation shows the relationship between Tangel Publishing stock current value and its past values and can show if there is a momentum factor associated with investing in Tangel Publishing.
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 Tangel Stock
Tangel Publishing financial ratios help investors to determine whether Tangel 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 Tangel with respect to the benefits of owning Tangel Publishing security.