Jiangxi Naipu (China) Market Value
| 300818 Stock | 24.60 0.17 0.69% |
| Symbol | Jiangxi |
Jiangxi Naipu '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 Jiangxi Naipu'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 Jiangxi Naipu.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Jiangxi Naipu on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Jiangxi Naipu Mining or generate 0.0% return on investment in Jiangxi Naipu over 30 days. Jiangxi Naipu is related to or competes with Shengda Mining, Hainan Mining, Shanghai Yaoji, Xinjiang Baodi, China World, and China Sports. Jiangxi Naipu is entity of China. It is traded as Stock on SHE exchange. More
Jiangxi Naipu 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 Jiangxi Naipu'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 Jiangxi Naipu Mining upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.56 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.04 |
Jiangxi Naipu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangxi Naipu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangxi Naipu's standard deviation. In reality, there are many statistical measures that can use Jiangxi Naipu historical prices to predict the future Jiangxi Naipu's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 8.78 |
Jiangxi Naipu Mining Backtested Returns
Jiangxi Naipu Mining holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13 % return per unit of risk over the last 3 months. Jiangxi Naipu Mining exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangxi Naipu's Market Risk Adjusted Performance of 8.79, standard deviation of 1.91, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0214, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiangxi Naipu are expected to decrease at a much lower rate. During the bear market, Jiangxi Naipu is likely to outperform the market. At this point, Jiangxi Naipu Mining has a negative expected return of -0.25%. Please make sure to check out Jiangxi Naipu's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Jiangxi Naipu Mining performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Jiangxi Naipu Mining has average predictability. Overlapping area represents the amount of predictability between Jiangxi Naipu time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Jiangxi Naipu Mining price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Jiangxi Naipu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Jiangxi Naipu Mining lagged returns against current returns
Autocorrelation, which is Jiangxi Naipu 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 Jiangxi Naipu's stock expected returns. We can calculate the autocorrelation of Jiangxi Naipu returns to help us make a trade decision. For example, suppose you find that Jiangxi Naipu 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 |
Jiangxi Naipu 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 Jiangxi Naipu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangxi Naipu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangxi Naipu stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangxi Naipu Lagged Returns
When evaluating Jiangxi Naipu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangxi Naipu stock have on its future price. Jiangxi Naipu 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, Jiangxi Naipu autocorrelation shows the relationship between Jiangxi Naipu stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangxi Naipu Mining.
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 Jiangxi Stock
Jiangxi Naipu financial ratios help investors to determine whether Jiangxi 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 Jiangxi with respect to the benefits of owning Jiangxi Naipu security.