Shenyang Blue's market value is the price at which a share of Shenyang Blue trades on a public exchange. It measures the collective expectations of Shenyang Blue Silver investors about its performance. Shenyang Blue is trading at 22.72 as of the 1st of January 2025, a 4.09% down since the beginning of the trading day. The stock's open price was 23.69. With this module, you can estimate the performance of a buy and hold strategy of Shenyang Blue Silver and determine expected loss or profit from investing in Shenyang Blue over a given investment horizon. Check out Shenyang Blue Correlation, Shenyang Blue Volatility and Shenyang Blue Alpha and Beta module to complement your research on Shenyang Blue.
Please note, there is a significant difference between Shenyang Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenyang Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenyang Blue'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.
Shenyang Blue '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 Shenyang Blue'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 Shenyang Blue.
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12/08/2023
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In 1 year and 26 days
01/01/2025
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If you would invest 0.00 in Shenyang Blue on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Shenyang Blue Silver or generate 0.0% return on investment in Shenyang Blue over 390 days. Shenyang Blue is related to or competes with Kweichow Moutai, NAURA Technology, Zhejiang Orient, APT Medical, BYD Co, Shenzhen Mindray, and Contemporary Amperex. Shenyang Blue is entity of China. It is traded as Stock on SHE exchange. More
Shenyang Blue 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 Shenyang Blue'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 Shenyang Blue Silver 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 Shenyang Blue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenyang Blue's standard deviation. In reality, there are many statistical measures that can use Shenyang Blue historical prices to predict the future Shenyang Blue's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shenyang Blue. Your research has to be compared to or analyzed against Shenyang Blue's peers to derive any actionable benefits. When done correctly, Shenyang Blue'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 Shenyang Blue Silver.
Shenyang Blue Silver Backtested Returns
Shenyang Blue Silver owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0322, which indicates the firm had a -0.0322% return per unit of risk over the last 3 months. Shenyang Blue Silver exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenyang Blue's Risk Adjusted Performance of 0.094, coefficient of variation of 942.65, and Semi Deviation of 3.39 to confirm the risk estimate we provide. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shenyang Blue's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenyang Blue is expected to be smaller as well. At this point, Shenyang Blue Silver has a negative expected return of -0.13%. Please make sure to validate Shenyang Blue's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Shenyang Blue Silver performance from the past will be repeated at some point in the near future.
Auto-correlation
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Very weak reverse predictability
Shenyang Blue Silver has very weak reverse predictability. Overlapping area represents the amount of predictability between Shenyang Blue time series from 8th of December 2023 to 20th of June 2024 and 20th of June 2024 to 1st 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 Shenyang Blue Silver price movement. The serial correlation of -0.01 indicates that just 1.0% of current Shenyang Blue price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
48.01
Shenyang Blue Silver lagged returns against current returns
Autocorrelation, which is Shenyang Blue 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 Shenyang Blue's stock expected returns. We can calculate the autocorrelation of Shenyang Blue returns to help us make a trade decision. For example, suppose you find that Shenyang Blue 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
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Shenyang Blue 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 Shenyang Blue stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenyang Blue stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenyang Blue stock over time.
Current vs Lagged Prices
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Shenyang Blue Lagged Returns
When evaluating Shenyang Blue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenyang Blue stock have on its future price. Shenyang Blue 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, Shenyang Blue autocorrelation shows the relationship between Shenyang Blue stock current value and its past values and can show if there is a momentum factor associated with investing in Shenyang Blue Silver.
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.
Shenyang Blue financial ratios help investors to determine whether Shenyang 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 Shenyang with respect to the benefits of owning Shenyang Blue security.