ISoftStone Information (China) Market Value
| 301236 Stock | 64.84 1.34 2.02% |
| Symbol | ISoftStone |
ISoftStone 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 ISoftStone 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 ISoftStone Information.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in ISoftStone Information on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding iSoftStone Information Technology or generate 0.0% return on investment in ISoftStone Information over 480 days. ISoftStone Information is related to or competes with Gansu Jiu, Shandong Mining, Aba Chemicals, BlueFocus Communication, Queclink Wireless, Changchun Faway, and Ningbo GQY. ISoftStone Information is entity of China More
ISoftStone 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 ISoftStone 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 iSoftStone Information Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.54 | |||
| Information Ratio | 0.164 | |||
| Maximum Drawdown | 40.01 | |||
| Value At Risk | (8.09) | |||
| Potential Upside | 15.18 |
ISoftStone Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISoftStone Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISoftStone Information's standard deviation. In reality, there are many statistical measures that can use ISoftStone Information historical prices to predict the future ISoftStone Information's volatility.| Risk Adjusted Performance | 0.1407 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 0.1519 | |||
| Sortino Ratio | 0.1999 | |||
| Treynor Ratio | 6.29 |
iSoftStone Information Backtested Returns
ISoftStone Information is not too volatile given 3 months investment horizon. iSoftStone Information holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use iSoftStone Information Technology Downside Deviation of 5.54, risk adjusted performance of 0.1407, and Market Risk Adjusted Performance of 6.3 to evaluate company specific risk that cannot be diversified away. ISoftStone Information holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ISoftStone Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding ISoftStone Information is expected to be smaller as well. Use iSoftStone Information Technology downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on iSoftStone Information Technology.
Auto-correlation | 0.31 |
Below average predictability
iSoftStone Information Technology has below average predictability. Overlapping area represents the amount of predictability between ISoftStone Information time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 iSoftStone Information price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current ISoftStone Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 167.2 |
iSoftStone Information lagged returns against current returns
Autocorrelation, which is ISoftStone 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 ISoftStone Information's stock expected returns. We can calculate the autocorrelation of ISoftStone Information returns to help us make a trade decision. For example, suppose you find that ISoftStone 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 |
ISoftStone 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 ISoftStone Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISoftStone Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISoftStone Information stock over time.
Current vs Lagged Prices |
| Timeline |
ISoftStone Information Lagged Returns
When evaluating ISoftStone Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISoftStone Information stock have on its future price. ISoftStone 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, ISoftStone Information autocorrelation shows the relationship between ISoftStone Information stock current value and its past values and can show if there is a momentum factor associated with investing in iSoftStone Information 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 ISoftStone Stock
ISoftStone Information financial ratios help investors to determine whether ISoftStone 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 ISoftStone with respect to the benefits of owning ISoftStone Information security.