Mega-info Media (China) Market Value
| 301102 Stock | 10.92 0.16 1.44% |
| Symbol | Mega-info |
Mega-info Media '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 Mega-info Media'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 Mega-info Media.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Mega-info Media on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Mega info Media CoLtd or generate 0.0% return on investment in Mega-info Media over 90 days. Mega-info Media is related to or competes with Zhejiang Yongjin, Sunny Loan, JCHX Mining, Guangdong Jingyi, China Aluminum, Jiaozuo Wanfang, and North Copper. Mega-info Media is entity of China. It is traded as Stock on SHE exchange. More
Mega-info Media 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 Mega-info Media'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 Mega info Media CoLtd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.001 | |||
| Maximum Drawdown | 30.51 | |||
| Value At Risk | (7.52) | |||
| Potential Upside | 4.05 |
Mega-info Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mega-info Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mega-info Media's standard deviation. In reality, there are many statistical measures that can use Mega-info Media historical prices to predict the future Mega-info Media's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | 0.5065 | |||
| Treynor Ratio | 0.5326 |
Mega info Media Backtested Returns
Mega info Media has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. Mega-info Media exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mega-info Media's Risk Adjusted Performance of (0.01), standard deviation of 4.13, and Mean Deviation of 2.65 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mega-info Media are expected to decrease at a much lower rate. During the bear market, Mega-info Media is likely to outperform the market. At this point, Mega info Media has a negative expected return of -0.38%. Please make sure to verify Mega-info Media's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Mega info Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Mega info Media CoLtd has average predictability. Overlapping area represents the amount of predictability between Mega-info Media time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Mega info Media price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Mega-info Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Mega info Media lagged returns against current returns
Autocorrelation, which is Mega-info Media 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 Mega-info Media's stock expected returns. We can calculate the autocorrelation of Mega-info Media returns to help us make a trade decision. For example, suppose you find that Mega-info Media 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 |
Mega-info Media 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 Mega-info Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mega-info Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mega-info Media stock over time.
Current vs Lagged Prices |
| Timeline |
Mega-info Media Lagged Returns
When evaluating Mega-info Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mega-info Media stock have on its future price. Mega-info Media 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, Mega-info Media autocorrelation shows the relationship between Mega-info Media stock current value and its past values and can show if there is a momentum factor associated with investing in Mega info Media CoLtd.
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 Mega-info Stock
Mega-info Media financial ratios help investors to determine whether Mega-info 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 Mega-info with respect to the benefits of owning Mega-info Media security.