Jiangsu Jinling (China) Market Value
| 300651 Stock | 14.85 0.44 3.05% |
| Symbol | Jiangsu |
Jiangsu Jinling '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 Jiangsu Jinling'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 Jiangsu Jinling.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Jiangsu Jinling on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Jinling Sports or generate 0.0% return on investment in Jiangsu Jinling over 90 days. Jiangsu Jinling is related to or competes with RoadMain T, Chengdu Xinzhu, Puya Semiconductor, Giantec Semiconductor, Semiconductor Manufacturing, Xinjiang Beixin, and Dazhong Transportation. More
Jiangsu Jinling 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 Jiangsu Jinling'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 Jiangsu Jinling Sports upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 4.06 |
Jiangsu Jinling Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Jinling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Jinling's standard deviation. In reality, there are many statistical measures that can use Jiangsu Jinling historical prices to predict the future Jiangsu Jinling's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | 0.1067 | |||
| Treynor Ratio | 0.479 |
Jiangsu Jinling Sports Backtested Returns
Jiangsu Jinling Sports holds Efficiency (Sharpe) Ratio of -0.0859, which attests that the entity had a -0.0859 % return per unit of risk over the last 3 months. Jiangsu Jinling Sports exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Jinling's Risk Adjusted Performance of (0.07), standard deviation of 2.96, and Market Risk Adjusted Performance of 0.489 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jiangsu Jinling are expected to decrease at a much lower rate. During the bear market, Jiangsu Jinling is likely to outperform the market. At this point, Jiangsu Jinling Sports has a negative expected return of -0.25%. Please make sure to check out Jiangsu Jinling's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Jiangsu Jinling Sports performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Jiangsu Jinling Sports has weak reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Jinling 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 Jiangsu Jinling Sports price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Jiangsu Jinling price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Jiangsu Jinling Sports lagged returns against current returns
Autocorrelation, which is Jiangsu Jinling 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 Jiangsu Jinling's stock expected returns. We can calculate the autocorrelation of Jiangsu Jinling returns to help us make a trade decision. For example, suppose you find that Jiangsu Jinling 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 |
Jiangsu Jinling 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 Jiangsu Jinling stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Jinling stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Jinling stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Jinling Lagged Returns
When evaluating Jiangsu Jinling's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Jinling stock have on its future price. Jiangsu Jinling 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, Jiangsu Jinling autocorrelation shows the relationship between Jiangsu Jinling stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Jinling Sports.
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 Jiangsu Stock
Jiangsu Jinling financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Jinling security.