Porton Fine (China) Market Value
| 300363 Stock | 15.93 0.34 2.18% |
| Symbol | Porton |
Porton Fine '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 Porton Fine'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 Porton Fine.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Porton Fine on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Porton Fine Chemicals or generate 0.0% return on investment in Porton Fine over 30 days. Porton Fine is related to or competes with Time Publishing, Shuhua Sports, Sichuan Fulin, Shenzhen, Jiangsu Phoenix, Sportsoul, and Jiangsu Jinling. Porton Fine is entity of China. It is traded as Stock on SHE exchange. More
Porton Fine 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 Porton Fine'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 Porton Fine Chemicals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.0264 | |||
| Maximum Drawdown | 25.3 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 6.09 |
Porton Fine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porton Fine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porton Fine's standard deviation. In reality, there are many statistical measures that can use Porton Fine historical prices to predict the future Porton Fine's volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | 0.1167 | |||
| Total Risk Alpha | 0.0315 | |||
| Sortino Ratio | 0.0366 | |||
| Treynor Ratio | 0.2292 |
Porton Fine Chemicals Backtested Returns
At this point, Porton Fine is somewhat reliable. Porton Fine Chemicals maintains Sharpe Ratio (i.e., Efficiency) of 0.0215, which implies the firm had a 0.0215 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Porton Fine Chemicals, which you can use to evaluate the volatility of the company. Please check Porton Fine's Coefficient Of Variation of 2966.33, semi deviation of 2.72, and Risk Adjusted Performance of 0.0361 to confirm if the risk estimate we provide is consistent with the expected return of 0.0896%. Porton Fine has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Porton Fine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porton Fine is expected to be smaller as well. Porton Fine Chemicals right now holds a risk of 4.17%. Please check Porton Fine Chemicals coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Porton Fine Chemicals will be following its historical price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Porton Fine Chemicals has weak reverse predictability. Overlapping area represents the amount of predictability between Porton Fine time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Porton Fine Chemicals price movement. The serial correlation of -0.22 indicates that over 22.0% of current Porton Fine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Porton Fine Chemicals lagged returns against current returns
Autocorrelation, which is Porton Fine 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 Porton Fine's stock expected returns. We can calculate the autocorrelation of Porton Fine returns to help us make a trade decision. For example, suppose you find that Porton Fine 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 |
Porton Fine 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 Porton Fine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porton Fine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porton Fine stock over time.
Current vs Lagged Prices |
| Timeline |
Porton Fine Lagged Returns
When evaluating Porton Fine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porton Fine stock have on its future price. Porton Fine 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, Porton Fine autocorrelation shows the relationship between Porton Fine stock current value and its past values and can show if there is a momentum factor associated with investing in Porton Fine Chemicals.
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 Porton Stock
Porton Fine financial ratios help investors to determine whether Porton 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 Porton with respect to the benefits of owning Porton Fine security.