Changsha DIALINE (China) Market Value
| 300700 Stock | 8.49 0.10 1.16% |
| Symbol | Changsha |
Changsha DIALINE '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 Changsha DIALINE'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 Changsha DIALINE.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Changsha DIALINE on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Changsha DIALINE New or generate 0.0% return on investment in Changsha DIALINE over 90 days. Changsha DIALINE is related to or competes with Shandong Publishing, Xian International, Allmed Medical, CareRay Digital, Xiangyu Medical, and Jiangsu Phoenix. More
Changsha DIALINE 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 Changsha DIALINE'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 Changsha DIALINE New upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.0495 | |||
| Maximum Drawdown | 12.01 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 5.15 |
Changsha DIALINE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Changsha DIALINE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Changsha DIALINE's standard deviation. In reality, there are many statistical measures that can use Changsha DIALINE historical prices to predict the future Changsha DIALINE's volatility.| Risk Adjusted Performance | 0.0236 | |||
| Jensen Alpha | 0.0417 | |||
| Total Risk Alpha | 0.3582 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | (1.73) |
Changsha DIALINE New Backtested Returns
At this point, Changsha DIALINE is somewhat reliable. Changsha DIALINE New secures Sharpe Ratio (or Efficiency) of 0.019, which signifies that the company had a 0.019 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Changsha DIALINE New, which you can use to evaluate the volatility of the firm. Please confirm Changsha DIALINE's mean deviation of 2.27, and Risk Adjusted Performance of 0.0236 to double-check if the risk estimate we provide is consistent with the expected return of 0.0542%. Changsha DIALINE has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0256, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Changsha DIALINE are expected to decrease at a much lower rate. During the bear market, Changsha DIALINE is likely to outperform the market. Changsha DIALINE New right now shows a risk of 2.85%. Please confirm Changsha DIALINE New market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Changsha DIALINE New will be following its price patterns.
Auto-correlation | 0.30 |
Below average predictability
Changsha DIALINE New has below average predictability. Overlapping area represents the amount of predictability between Changsha DIALINE 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 Changsha DIALINE New price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Changsha DIALINE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Changsha DIALINE New lagged returns against current returns
Autocorrelation, which is Changsha DIALINE 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 Changsha DIALINE's stock expected returns. We can calculate the autocorrelation of Changsha DIALINE returns to help us make a trade decision. For example, suppose you find that Changsha DIALINE 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 |
Changsha DIALINE 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 Changsha DIALINE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Changsha DIALINE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Changsha DIALINE stock over time.
Current vs Lagged Prices |
| Timeline |
Changsha DIALINE Lagged Returns
When evaluating Changsha DIALINE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Changsha DIALINE stock have on its future price. Changsha DIALINE 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, Changsha DIALINE autocorrelation shows the relationship between Changsha DIALINE stock current value and its past values and can show if there is a momentum factor associated with investing in Changsha DIALINE New.
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 Changsha Stock
Changsha DIALINE financial ratios help investors to determine whether Changsha 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 Changsha with respect to the benefits of owning Changsha DIALINE security.