Shenyu Communication (China) Market Value
300563 Stock | 57.94 5.65 10.81% |
Symbol | Shenyu |
Shenyu Communication '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 Shenyu Communication'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 Shenyu Communication.
12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Shenyu Communication on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Shenyu Communication Technology or generate 0.0% return on investment in Shenyu Communication over 30 days. Shenyu Communication is related to or competes with Chengdu Kanghua, Beijing Wantai, Suzhou Novoprotein, Aluminum Corp, COL Digital, Shaanxi Meineng, and Gansu Huangtai. Shenyu Communication is entity of China. It is traded as Stock on SHE exchange. More
Shenyu Communication 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 Shenyu Communication'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 Shenyu Communication Technology upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 5.02 | |||
Information Ratio | 0.0071 | |||
Maximum Drawdown | 27.26 | |||
Value At Risk | (8.35) | |||
Potential Upside | 9.37 |
Shenyu Communication Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenyu Communication's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenyu Communication's standard deviation. In reality, there are many statistical measures that can use Shenyu Communication historical prices to predict the future Shenyu Communication's volatility.Risk Adjusted Performance | 0.0189 | |||
Jensen Alpha | 0.0452 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.008 | |||
Treynor Ratio | 0.08 |
Shenyu Communication Backtested Returns
At this point, Shenyu Communication is not too volatile. Shenyu Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.027, which indicates the firm had a 0.027 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shenyu Communication Technology, which you can use to evaluate the volatility of the company. Please validate Shenyu Communication's Coefficient Of Variation of 8070.51, risk adjusted performance of 0.0189, and Semi Deviation of 4.95 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Shenyu Communication has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shenyu Communication's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenyu Communication is expected to be smaller as well. Shenyu Communication right now has a risk of 5.72%. Please validate Shenyu Communication market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Shenyu Communication will be following its existing price patterns.
Auto-correlation | 0.10 |
Insignificant predictability
Shenyu Communication Technology has insignificant predictability. Overlapping area represents the amount of predictability between Shenyu Communication 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 Shenyu Communication price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Shenyu Communication price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.1 | |
Spearman Rank Test | -0.18 | |
Residual Average | 0.0 | |
Price Variance | 3.78 |
Shenyu Communication lagged returns against current returns
Autocorrelation, which is Shenyu Communication 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 Shenyu Communication's stock expected returns. We can calculate the autocorrelation of Shenyu Communication returns to help us make a trade decision. For example, suppose you find that Shenyu Communication 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 |
Shenyu Communication 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 Shenyu Communication stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenyu Communication stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenyu Communication stock over time.
Current vs Lagged Prices |
Timeline |
Shenyu Communication Lagged Returns
When evaluating Shenyu Communication's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenyu Communication stock have on its future price. Shenyu Communication 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, Shenyu Communication autocorrelation shows the relationship between Shenyu Communication stock current value and its past values and can show if there is a momentum factor associated with investing in Shenyu Communication Technology.
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 Shenyu Stock
Shenyu Communication financial ratios help investors to determine whether Shenyu 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 Shenyu with respect to the benefits of owning Shenyu Communication security.