Shenzhen Kexin (China) Market Value

300565 Stock   15.07  0.82  5.16%   
Shenzhen Kexin's market value is the price at which a share of Shenzhen Kexin trades on a public exchange. It measures the collective expectations of Shenzhen Kexin Communication investors about its performance. Shenzhen Kexin is trading at 15.07 as of the 17th of March 2025, a 5.16 percent decrease since the beginning of the trading day. The stock's open price was 15.89.
With this module, you can estimate the performance of a buy and hold strategy of Shenzhen Kexin Communication and determine expected loss or profit from investing in Shenzhen Kexin over a given investment horizon. Check out Shenzhen Kexin Correlation, Shenzhen Kexin Volatility and Shenzhen Kexin Alpha and Beta module to complement your research on Shenzhen Kexin.
Symbol

Please note, there is a significant difference between Shenzhen Kexin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenzhen Kexin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenzhen Kexin'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.

Shenzhen Kexin '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 Shenzhen Kexin'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 Shenzhen Kexin.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Shenzhen Kexin on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shenzhen Kexin Communication or generate 0.0% return on investment in Shenzhen Kexin over 90 days. Shenzhen Kexin is related to or competes with Liuzhou Chemical, Anhui Deli, Nantong JiangTian, Shenzhen Topway, Guangzhou Jointas, Lianhe Chemical, and Xiangtan Electrochemical. Shenzhen Kexin is entity of China. It is traded as Stock on SHE exchange. More

Shenzhen Kexin 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 Shenzhen Kexin'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 Shenzhen Kexin Communication upside and downside potential and time the market with a certain degree of confidence.

Shenzhen Kexin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Kexin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Kexin's standard deviation. In reality, there are many statistical measures that can use Shenzhen Kexin historical prices to predict the future Shenzhen Kexin's volatility.
Hype
Prediction
LowEstimatedHigh
11.2715.4519.63
Details
Intrinsic
Valuation
LowRealHigh
7.9612.1416.32
Details
Naive
Forecast
LowNextHigh
12.3016.4720.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5814.0416.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shenzhen Kexin. Your research has to be compared to or analyzed against Shenzhen Kexin's peers to derive any actionable benefits. When done correctly, Shenzhen Kexin'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 Shenzhen Kexin Commu.

Shenzhen Kexin Commu Backtested Returns

Shenzhen Kexin appears to be somewhat reliable, given 3 months investment horizon. Shenzhen Kexin Commu owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0614, which indicates the firm had a 0.0614 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Shenzhen Kexin Communication, which you can use to evaluate the volatility of the company. Please review Shenzhen Kexin's Semi Deviation of 3.13, risk adjusted performance of 0.0635, and Coefficient Of Variation of 1564.87 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenzhen Kexin holds a performance score of 4. The entity has a beta of -0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Shenzhen Kexin are expected to decrease at a much lower rate. During the bear market, Shenzhen Kexin is likely to outperform the market. Please check Shenzhen Kexin'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 Shenzhen Kexin's existing price patterns will revert.

Auto-correlation

    
  0.07  

Virtually no predictability

Shenzhen Kexin Communication has virtually no predictability. Overlapping area represents the amount of predictability between Shenzhen Kexin time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Shenzhen Kexin Commu price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Shenzhen Kexin price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test-0.48
Residual Average0.0
Price Variance0.87

Shenzhen Kexin Commu lagged returns against current returns

Autocorrelation, which is Shenzhen Kexin 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 Shenzhen Kexin's stock expected returns. We can calculate the autocorrelation of Shenzhen Kexin returns to help us make a trade decision. For example, suppose you find that Shenzhen Kexin 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  

Shenzhen Kexin 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 Shenzhen Kexin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Kexin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Kexin stock over time.
   Current vs Lagged Prices   
       Timeline  

Shenzhen Kexin Lagged Returns

When evaluating Shenzhen Kexin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Kexin stock have on its future price. Shenzhen Kexin 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, Shenzhen Kexin autocorrelation shows the relationship between Shenzhen Kexin stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Kexin Communication.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Shenzhen Stock

Shenzhen Kexin financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Kexin security.