Tianjin Pengling (China) Market Value
| 300375 Stock | 5.30 0.09 1.73% |
| Symbol | Tianjin |
Tianjin Pengling '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 Tianjin Pengling'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 Tianjin Pengling.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Tianjin Pengling on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Tianjin Pengling Rubber or generate 0.0% return on investment in Tianjin Pengling over 90 days. Tianjin Pengling is related to or competes with ROPEOK Technology, Guangzhou Automobile, Wondershare Technology, Zhongjie (Jiangsu), Kunshan Dongwei, Strait Innovation, and Zhejiang Qianjiang. More
Tianjin Pengling 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 Tianjin Pengling'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 Tianjin Pengling Rubber upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.1139 | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 3.26 |
Tianjin Pengling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianjin Pengling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianjin Pengling's standard deviation. In reality, there are many statistical measures that can use Tianjin Pengling historical prices to predict the future Tianjin Pengling's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.1583 | |||
| Total Risk Alpha | 0.3823 | |||
| Sortino Ratio | 0.0959 | |||
| Treynor Ratio | 1.24 |
Tianjin Pengling Rubber Backtested Returns
At this point, Tianjin Pengling is slightly risky. Tianjin Pengling Rubber owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0733, which indicates the firm had a 0.0733 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Tianjin Pengling Rubber, which you can use to evaluate the volatility of the company. Please validate Tianjin Pengling's Coefficient Of Variation of 1364.07, semi deviation of 2.39, and Risk Adjusted Performance of 0.0704 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Tianjin Pengling has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tianjin Pengling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tianjin Pengling is expected to be smaller as well. Tianjin Pengling Rubber right now has a risk of 2.14%. Please validate Tianjin Pengling market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Tianjin Pengling will be following its existing price patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Tianjin Pengling Rubber has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tianjin Pengling time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Tianjin Pengling Rubber price movement. The serial correlation of -0.19 indicates that over 19.0% of current Tianjin Pengling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tianjin Pengling Rubber lagged returns against current returns
Autocorrelation, which is Tianjin Pengling 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 Tianjin Pengling's stock expected returns. We can calculate the autocorrelation of Tianjin Pengling returns to help us make a trade decision. For example, suppose you find that Tianjin Pengling 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 |
Tianjin Pengling 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 Tianjin Pengling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianjin Pengling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianjin Pengling stock over time.
Current vs Lagged Prices |
| Timeline |
Tianjin Pengling Lagged Returns
When evaluating Tianjin Pengling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianjin Pengling stock have on its future price. Tianjin Pengling 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, Tianjin Pengling autocorrelation shows the relationship between Tianjin Pengling stock current value and its past values and can show if there is a momentum factor associated with investing in Tianjin Pengling Rubber.
Regressed Prices |
| Timeline |
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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 Tianjin Stock
Tianjin Pengling financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Pengling security.