Shenyang Blue (China) Market Value
| 300293 Stock | 24.27 0.01 0.04% |
| Symbol | Shenyang |
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.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Shenyang Blue on July 2, 2024 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 180 days. Shenyang Blue is related to or competes with Bank of China, Kweichow Moutai, PetroChina, Bank of Communications, China Mobile, Ping An, and Shanghai Pudong. 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.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.13 | |||
| Maximum Drawdown | 27.07 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 7.57 |
Shenyang Blue Market Risk Indicators
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.| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 0.705 | |||
| Total Risk Alpha | 0.5625 | |||
| Sortino Ratio | 0.1827 | |||
| Treynor Ratio | 3.29 |
Shenyang Blue Silver Backtested Returns
Shenyang Blue appears to be not too volatile, given 3 months investment horizon. Shenyang Blue Silver owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0614, which indicates the firm had a 0.0614% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shenyang Blue Silver, which you can use to evaluate the volatility of the company. Please review Shenyang Blue's Semi Deviation of 3.29, coefficient of variation of 735.01, and Risk Adjusted Performance of 0.1169 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenyang Blue holds a performance score of 4. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. 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. Please check Shenyang Blue's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Shenyang Blue's existing price patterns will revert.
Auto-correlation | -0.02 |
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 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th of December 2024. 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 -0.02 indicates that only 2.0% of current Shenyang Blue price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 7.1 |
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 |
| Timeline |
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 |
| Timeline |
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.Other Information on Investing in Shenyang Stock
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.