Xingyuan Environment's market value is the price at which a share of Xingyuan Environment trades on a public exchange. It measures the collective expectations of Xingyuan Environment Technology investors about its performance. Xingyuan Environment is trading at 2.55 as of the 4th of January 2025, a 7.94 percent decrease since the beginning of the trading day. The stock's open price was 2.77. With this module, you can estimate the performance of a buy and hold strategy of Xingyuan Environment Technology and determine expected loss or profit from investing in Xingyuan Environment over a given investment horizon. Check out Xingyuan Environment Correlation, Xingyuan Environment Volatility and Xingyuan Environment Alpha and Beta module to complement your research on Xingyuan Environment.
Please note, there is a significant difference between Xingyuan Environment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xingyuan Environment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xingyuan Environment'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.
Xingyuan Environment '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 Xingyuan Environment'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 Xingyuan Environment.
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11/05/2024
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In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in Xingyuan Environment on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Xingyuan Environment Technology or generate 0.0% return on investment in Xingyuan Environment over 60 days. Xingyuan Environment is related to or competes with Kweichow Moutai, Contemporary Amperex, G Bits, BYD Co, Beijing Roborock, Anhui Gujing, and Anhui Gujing. Xingyuan Environment is entity of China. It is traded as Stock on SHE exchange. More
Xingyuan Environment 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 Xingyuan Environment'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 Xingyuan Environment Technology 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 Xingyuan Environment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xingyuan Environment's standard deviation. In reality, there are many statistical measures that can use Xingyuan Environment historical prices to predict the future Xingyuan Environment's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xingyuan Environment. Your research has to be compared to or analyzed against Xingyuan Environment's peers to derive any actionable benefits. When done correctly, Xingyuan Environment'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 Xingyuan Environment.
Xingyuan Environment Backtested Returns
Xingyuan Environment appears to be very risky, given 3 months investment horizon. Xingyuan Environment shows Sharpe Ratio of 0.038, which attests that the company had a 0.038% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xingyuan Environment, which you can use to evaluate the volatility of the company. Please utilize Xingyuan Environment's Market Risk Adjusted Performance of 0.7917, mean deviation of 4.82, and Downside Deviation of 4.96 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xingyuan Environment holds a performance score of 2. The firm maintains a market beta of 1.12, which attests to a somewhat significant risk relative to the market. Xingyuan Environment returns are very sensitive to returns on the market. As the market goes up or down, Xingyuan Environment is expected to follow. Please check Xingyuan Environment's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Xingyuan Environment's historical returns will revert.
Auto-correlation
0.65
Good predictability
Xingyuan Environment Technology has good predictability. Overlapping area represents the amount of predictability between Xingyuan Environment 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 Xingyuan Environment price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Xingyuan Environment price fluctuation can be explain by its past prices.
Correlation Coefficient
0.65
Spearman Rank Test
0.41
Residual Average
0.0
Price Variance
0.13
Xingyuan Environment lagged returns against current returns
Autocorrelation, which is Xingyuan Environment 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 Xingyuan Environment's stock expected returns. We can calculate the autocorrelation of Xingyuan Environment returns to help us make a trade decision. For example, suppose you find that Xingyuan Environment 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
Xingyuan Environment 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 Xingyuan Environment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xingyuan Environment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xingyuan Environment stock over time.
Current vs Lagged Prices
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Xingyuan Environment Lagged Returns
When evaluating Xingyuan Environment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xingyuan Environment stock have on its future price. Xingyuan Environment 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, Xingyuan Environment autocorrelation shows the relationship between Xingyuan Environment stock current value and its past values and can show if there is a momentum factor associated with investing in Xingyuan Environment Technology.
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.
Xingyuan Environment financial ratios help investors to determine whether Xingyuan 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 Xingyuan with respect to the benefits of owning Xingyuan Environment security.