Shenyu Communication's market value is the price at which a share of Shenyu Communication trades on a public exchange. It measures the collective expectations of Shenyu Communication Technology investors about its performance. Shenyu Communication is trading at 50.80 as of the 4th of January 2025, a 7.4 percent decrease since the beginning of the trading day. The stock's open price was 54.86. With this module, you can estimate the performance of a buy and hold strategy of Shenyu Communication Technology and determine expected loss or profit from investing in Shenyu Communication over a given investment horizon. Check out Shenyu Communication Correlation, Shenyu Communication Volatility and Shenyu Communication Alpha and Beta module to complement your research on Shenyu Communication.
Please note, there is a significant difference between Shenyu Communication's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenyu Communication is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenyu Communication's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Shenyu Communication on November 5, 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 60 days. Shenyu Communication is related to or competes with Industrial, China Construction, Bank of China, Agricultural Bank, PetroChina, China Mobile, and Ping An. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shenyu Communication. Your research has to be compared to or analyzed against Shenyu Communication's peers to derive any actionable benefits. When done correctly, Shenyu Communication's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shenyu Communication.
Shenyu Communication Backtested Returns
Shenyu Communication appears to be not too volatile, given 3 months investment horizon. Shenyu Communication owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0538, which indicates the firm had a 0.0538% 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 review Shenyu Communication's Risk Adjusted Performance of 0.1232, semi deviation of 4.98, and Coefficient Of Variation of 709.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenyu Communication holds a performance score of 4. The entity has a beta of 1.47, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shenyu Communication will likely underperform. Please check Shenyu Communication's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Shenyu Communication's existing price patterns will revert.
Auto-correlation
-0.69
Very good reverse predictability
Shenyu Communication Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Shenyu Communication time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 -0.69 indicates that around 69.0% of current Shenyu Communication price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.69
Spearman Rank Test
-0.08
Residual Average
0.0
Price Variance
28.33
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.
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.