Jinxiandai Information (China) Market Value
| 300830 Stock | 9.23 0.42 4.35% |
| Symbol | Jinxiandai |
Jinxiandai Information '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 Jinxiandai Information'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 Jinxiandai Information.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Jinxiandai Information on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Jinxiandai Information Industry or generate 0.0% return on investment in Jinxiandai Information over 90 days. Jinxiandai Information is related to or competes with Jilin Jlu, HeNan Splendor, China Everbright, Postal Savings, and Ping An. Jinxiandai Information is entity of China More
Jinxiandai Information 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 Jinxiandai Information'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 Jinxiandai Information Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.11 | |||
| Information Ratio | 0.08 | |||
| Maximum Drawdown | 30.87 | |||
| Value At Risk | (7.08) | |||
| Potential Upside | 7.92 |
Jinxiandai Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jinxiandai Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jinxiandai Information's standard deviation. In reality, there are many statistical measures that can use Jinxiandai Information historical prices to predict the future Jinxiandai Information's volatility.| Risk Adjusted Performance | 0.0546 | |||
| Jensen Alpha | 0.2685 | |||
| Total Risk Alpha | 0.9893 | |||
| Sortino Ratio | 0.0935 | |||
| Treynor Ratio | 2.96 |
Jinxiandai Information Backtested Returns
Jinxiandai Information holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Jinxiandai Information exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jinxiandai Information's Risk Adjusted Performance of 0.0546, market risk adjusted performance of 2.97, and Downside Deviation of 4.11 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.087, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jinxiandai Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jinxiandai Information is expected to be smaller as well. At this point, Jinxiandai Information has a negative expected return of -0.0196%. Please make sure to check out Jinxiandai Information's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Jinxiandai Information performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Jinxiandai Information Industry has weak predictability. Overlapping area represents the amount of predictability between Jinxiandai Information time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Jinxiandai Information price movement. The serial correlation of 0.21 indicates that over 21.0% of current Jinxiandai Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Jinxiandai Information lagged returns against current returns
Autocorrelation, which is Jinxiandai Information 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 Jinxiandai Information's stock expected returns. We can calculate the autocorrelation of Jinxiandai Information returns to help us make a trade decision. For example, suppose you find that Jinxiandai Information 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 |
Jinxiandai Information 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 Jinxiandai Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jinxiandai Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jinxiandai Information stock over time.
Current vs Lagged Prices |
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Jinxiandai Information Lagged Returns
When evaluating Jinxiandai Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jinxiandai Information stock have on its future price. Jinxiandai Information 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, Jinxiandai Information autocorrelation shows the relationship between Jinxiandai Information stock current value and its past values and can show if there is a momentum factor associated with investing in Jinxiandai Information Industry.
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 Jinxiandai Stock
Jinxiandai Information financial ratios help investors to determine whether Jinxiandai 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 Jinxiandai with respect to the benefits of owning Jinxiandai Information security.