Wuxi Lead (China) Market Value
| 300450 Stock | 23.32 0.15 0.65% |
| Symbol | Wuxi |
Wuxi Lead '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 Wuxi Lead'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 Wuxi Lead.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Wuxi Lead on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Wuxi Lead Auto or generate 0.0% return on investment in Wuxi Lead over 90 days. Wuxi Lead is related to or competes with China State, Poly Real, China Vanke, China Merchants, China International, Kweichow Moutai, and Huafa Industrial. Wuxi Lead is entity of China. It is traded as Stock on SHE exchange. More
Wuxi Lead 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 Wuxi Lead'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 Wuxi Lead Auto upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.0466 | |||
| Maximum Drawdown | 14.7 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 5.08 |
Wuxi Lead Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wuxi Lead's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wuxi Lead's standard deviation. In reality, there are many statistical measures that can use Wuxi Lead historical prices to predict the future Wuxi Lead's volatility.| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | 0.0675 | |||
| Total Risk Alpha | 0.2975 | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 0.071 |
Wuxi Lead Auto Backtested Returns
At this point, Wuxi Lead is not too volatile. Wuxi Lead Auto shows Sharpe Ratio of 0.0626, which attests that the company had a 0.0626 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Wuxi Lead Auto, which you can use to evaluate the volatility of the company. Please check out Wuxi Lead's Market Risk Adjusted Performance of 0.081, mean deviation of 1.84, and Downside Deviation of 2.26 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Wuxi Lead has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wuxi Lead's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wuxi Lead is expected to be smaller as well. Wuxi Lead Auto right now maintains a risk of 2.7%. Please check out Wuxi Lead Auto jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Wuxi Lead Auto will be following its historical returns.
Auto-correlation | -0.89 |
Excellent reverse predictability
Wuxi Lead Auto has excellent reverse predictability. Overlapping area represents the amount of predictability between Wuxi Lead 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 Wuxi Lead Auto price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Wuxi Lead price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.12 |
Wuxi Lead Auto lagged returns against current returns
Autocorrelation, which is Wuxi Lead 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 Wuxi Lead's stock expected returns. We can calculate the autocorrelation of Wuxi Lead returns to help us make a trade decision. For example, suppose you find that Wuxi Lead 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 |
Wuxi Lead 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 Wuxi Lead stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wuxi Lead stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wuxi Lead stock over time.
Current vs Lagged Prices |
| Timeline |
Wuxi Lead Lagged Returns
When evaluating Wuxi Lead's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wuxi Lead stock have on its future price. Wuxi Lead 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, Wuxi Lead autocorrelation shows the relationship between Wuxi Lead stock current value and its past values and can show if there is a momentum factor associated with investing in Wuxi Lead Auto.
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 Wuxi Stock
Wuxi Lead financial ratios help investors to determine whether Wuxi 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 Wuxi with respect to the benefits of owning Wuxi Lead security.