Anshan Senyuan's market value is the price at which a share of Anshan Senyuan trades on a public exchange. It measures the collective expectations of Anshan Senyuan Road investors about its performance. Anshan Senyuan is trading at 9.57 as of the 8th of January 2025, a 0.31 percent decrease since the beginning of the trading day. The stock's open price was 9.6. With this module, you can estimate the performance of a buy and hold strategy of Anshan Senyuan Road and determine expected loss or profit from investing in Anshan Senyuan over a given investment horizon. Check out Anshan Senyuan Correlation, Anshan Senyuan Volatility and Anshan Senyuan Alpha and Beta module to complement your research on Anshan Senyuan.
Please note, there is a significant difference between Anshan Senyuan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anshan Senyuan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anshan Senyuan'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.
Anshan Senyuan '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 Anshan Senyuan'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 Anshan Senyuan.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Anshan Senyuan on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Anshan Senyuan Road or generate 0.0% return on investment in Anshan Senyuan over 30 days. Anshan Senyuan is related to or competes with Beijing Sanyuan, Xiamen Jihong, Muyuan Foodstuff, Jinhe Biotechnology, Dhc Software, Tianshui Huatian, and Xiwang Foodstuffs. Anshan Senyuan is entity of China. It is traded as Stock on SHE exchange. More
Anshan Senyuan 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 Anshan Senyuan'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 Anshan Senyuan Road 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 Anshan Senyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anshan Senyuan's standard deviation. In reality, there are many statistical measures that can use Anshan Senyuan historical prices to predict the future Anshan Senyuan's volatility.
At this point, Anshan Senyuan is slightly risky. Anshan Senyuan Road secures Sharpe Ratio (or Efficiency) of 0.0123, which signifies that the company had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Anshan Senyuan Road, which you can use to evaluate the volatility of the firm. Please confirm Anshan Senyuan's Risk Adjusted Performance of 0.0125, mean deviation of 4.11, and Downside Deviation of 5.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0592%. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Anshan Senyuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anshan Senyuan is expected to be smaller as well. Anshan Senyuan Road right now shows a risk of 4.83%. Please confirm Anshan Senyuan Road total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Anshan Senyuan Road will be following its price patterns.
Auto-correlation
0.77
Good predictability
Anshan Senyuan Road has good predictability. Overlapping area represents the amount of predictability between Anshan Senyuan time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Anshan Senyuan Road price movement. The serial correlation of 0.77 indicates that around 77.0% of current Anshan Senyuan price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.6
Residual Average
0.0
Price Variance
0.42
Anshan Senyuan Road lagged returns against current returns
Autocorrelation, which is Anshan Senyuan 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 Anshan Senyuan's stock expected returns. We can calculate the autocorrelation of Anshan Senyuan returns to help us make a trade decision. For example, suppose you find that Anshan Senyuan 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
Anshan Senyuan 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 Anshan Senyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anshan Senyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anshan Senyuan stock over time.
Current vs Lagged Prices
Timeline
Anshan Senyuan Lagged Returns
When evaluating Anshan Senyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anshan Senyuan stock have on its future price. Anshan Senyuan 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, Anshan Senyuan autocorrelation shows the relationship between Anshan Senyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Anshan Senyuan Road.
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.
Anshan Senyuan financial ratios help investors to determine whether Anshan 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 Anshan with respect to the benefits of owning Anshan Senyuan security.