Linktel Technologies (China) Market Value
| 301205 Stock | 80.10 3.19 4.15% |
| Symbol | Linktel |
Linktel Technologies '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 Linktel Technologies' 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 Linktel Technologies.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Linktel Technologies on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Linktel Technologies Co or generate 0.0% return on investment in Linktel Technologies over 30 days. Linktel Technologies is related to or competes with LianChuang Electronic, Xinya Electronic, Beijing Jiaman, Citic Guoan, Keda Clean, Hangzhou Weiguang, and Bomin Electronics. Linktel Technologies is entity of China. It is traded as Stock on SHE exchange. More
Linktel Technologies 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 Linktel Technologies' 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 Linktel Technologies Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.32 | |||
| Information Ratio | 0.1353 | |||
| Maximum Drawdown | 34.1 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 8.44 |
Linktel Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Linktel Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Linktel Technologies' standard deviation. In reality, there are many statistical measures that can use Linktel Technologies historical prices to predict the future Linktel Technologies' volatility.| Risk Adjusted Performance | 0.1239 | |||
| Jensen Alpha | 0.7726 | |||
| Total Risk Alpha | 0.4713 | |||
| Sortino Ratio | 0.1658 | |||
| Treynor Ratio | (2.60) |
Linktel Technologies Backtested Returns
Linktel Technologies appears to be very steady, given 3 months investment horizon. Linktel Technologies has Sharpe Ratio of 0.0427, which conveys that the firm had a 0.0427% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Linktel Technologies, which you can use to evaluate the volatility of the firm. Please exercise Linktel Technologies' Mean Deviation of 3.67, risk adjusted performance of 0.1239, and Downside Deviation of 4.32 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Linktel Technologies holds a performance score of 3. The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Linktel Technologies are expected to decrease at a much lower rate. During the bear market, Linktel Technologies is likely to outperform the market. Please check Linktel Technologies' information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Linktel Technologies' current price movements will revert.
Auto-correlation | 0.44 |
Average predictability
Linktel Technologies Co has average predictability. Overlapping area represents the amount of predictability between Linktel Technologies time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Linktel Technologies price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Linktel Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 5.87 |
Linktel Technologies lagged returns against current returns
Autocorrelation, which is Linktel Technologies 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 Linktel Technologies' stock expected returns. We can calculate the autocorrelation of Linktel Technologies returns to help us make a trade decision. For example, suppose you find that Linktel Technologies 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 |
Linktel Technologies 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 Linktel Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Linktel Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Linktel Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Linktel Technologies Lagged Returns
When evaluating Linktel Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Linktel Technologies stock have on its future price. Linktel Technologies 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, Linktel Technologies autocorrelation shows the relationship between Linktel Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Linktel Technologies Co.
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 Linktel Stock
Linktel Technologies financial ratios help investors to determine whether Linktel 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 Linktel with respect to the benefits of owning Linktel Technologies security.