Suzhou TFC (China) Market Value
| 300394 Stock | 98.31 0.45 0.46% |
| Symbol | Suzhou |
Suzhou TFC '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 Suzhou TFC'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 Suzhou TFC.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Suzhou TFC on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Suzhou TFC Optical or generate 0.0% return on investment in Suzhou TFC over 30 days. Suzhou TFC is related to or competes with Jiamei Food, Namchow Food, Beijing Yanjing, Eastroc Beverage, New Hope, Zhengzhou Qianweiyangchu, and Chongqing Brewery. Suzhou TFC is entity of China. It is traded as Stock on SHE exchange. More
Suzhou TFC 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 Suzhou TFC'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 Suzhou TFC Optical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.64 | |||
| Information Ratio | 0.1181 | |||
| Maximum Drawdown | 28.88 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 8.73 |
Suzhou TFC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzhou TFC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzhou TFC's standard deviation. In reality, there are many statistical measures that can use Suzhou TFC historical prices to predict the future Suzhou TFC's volatility.| Risk Adjusted Performance | 0.1068 | |||
| Jensen Alpha | 0.6462 | |||
| Total Risk Alpha | 0.5064 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | (0.79) |
Suzhou TFC Optical Backtested Returns
Suzhou TFC appears to be very steady, given 3 months investment horizon. Suzhou TFC Optical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. By inspecting Suzhou TFC's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Suzhou TFC's Coefficient Of Variation of 808.01, risk adjusted performance of 0.1068, and Semi Deviation of 3.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Suzhou TFC holds a performance score of 9. The entity has a beta of -0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Suzhou TFC are expected to decrease at a much lower rate. During the bear market, Suzhou TFC is likely to outperform the market. Please check Suzhou TFC's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Suzhou TFC's existing price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Suzhou TFC Optical has poor predictability. Overlapping area represents the amount of predictability between Suzhou TFC time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Suzhou TFC Optical price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Suzhou TFC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 13.27 |
Suzhou TFC Optical lagged returns against current returns
Autocorrelation, which is Suzhou TFC 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 Suzhou TFC's stock expected returns. We can calculate the autocorrelation of Suzhou TFC returns to help us make a trade decision. For example, suppose you find that Suzhou TFC 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 |
Suzhou TFC 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 Suzhou TFC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzhou TFC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzhou TFC stock over time.
Current vs Lagged Prices |
| Timeline |
Suzhou TFC Lagged Returns
When evaluating Suzhou TFC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzhou TFC stock have on its future price. Suzhou TFC 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, Suzhou TFC autocorrelation shows the relationship between Suzhou TFC stock current value and its past values and can show if there is a momentum factor associated with investing in Suzhou TFC Optical.
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 Suzhou Stock
Suzhou TFC financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou TFC security.