Kailong High (China) Market Value
| 300912 Stock | 11.46 0.05 0.44% |
| Symbol | Kailong |
Kailong High '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 Kailong High'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 Kailong High.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Kailong High on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Kailong High Technology or generate 0.0% return on investment in Kailong High over 720 days. Kailong High is related to or competes with Sichuan Hebang, Hunan Tyen, Sinomach General, Shaanxi Construction, Huasi Agricultural, Anhui Huaheng, and Wuhan Hvsen. Kailong High is entity of China. It is traded as Stock on SHE exchange. More
Kailong High 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 Kailong High'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 Kailong High Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.98 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 28.8 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 4.77 |
Kailong High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kailong High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kailong High's standard deviation. In reality, there are many statistical measures that can use Kailong High historical prices to predict the future Kailong High's volatility.| Risk Adjusted Performance | 0.0131 | |||
| Jensen Alpha | 0.0154 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.24 |
Kailong High Technology Backtested Returns
At this point, Kailong High is somewhat reliable. Kailong High Technology has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kailong High, which you can use to evaluate the volatility of the firm. Please verify Kailong High's Mean Deviation of 2.93, downside deviation of 3.98, and Risk Adjusted Performance of 0.0131 to check out if the risk estimate we provide is consistent with the expected return of 0.0017%. The company secures a Beta (Market Risk) of 0.0127, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kailong High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kailong High is expected to be smaller as well. Kailong High Technology right now secures a risk of 4.36%. Please verify Kailong High Technology mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Kailong High Technology will be following its current price movements.
Auto-correlation | 0.22 |
Weak predictability
Kailong High Technology has weak predictability. Overlapping area represents the amount of predictability between Kailong High time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd of January 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 Kailong High Technology price movement. The serial correlation of 0.22 indicates that over 22.0% of current Kailong High price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Kailong High Technology lagged returns against current returns
Autocorrelation, which is Kailong High 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 Kailong High's stock expected returns. We can calculate the autocorrelation of Kailong High returns to help us make a trade decision. For example, suppose you find that Kailong High 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 |
Kailong High 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 Kailong High stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kailong High stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kailong High stock over time.
Current vs Lagged Prices |
| Timeline |
Kailong High Lagged Returns
When evaluating Kailong High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kailong High stock have on its future price. Kailong High 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, Kailong High autocorrelation shows the relationship between Kailong High stock current value and its past values and can show if there is a momentum factor associated with investing in Kailong High Technology.
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 Kailong Stock
Kailong High financial ratios help investors to determine whether Kailong 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 Kailong with respect to the benefits of owning Kailong High security.