Sichuan Qiaoyuan (China) Market Value
| 301286 Stock | 29.02 0.09 0.31% |
| Symbol | Sichuan |
Sichuan Qiaoyuan '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 Sichuan Qiaoyuan'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 Sichuan Qiaoyuan.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Sichuan Qiaoyuan on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Sichuan Qiaoyuan Gas or generate 0.0% return on investment in Sichuan Qiaoyuan over 90 days. Sichuan Qiaoyuan is related to or competes with Kunshan Dongwei, COL Digital, Heilongjiang Publishing, Qtone Education, State Grid, Jiangsu Financial, and Southern PublishingMedia. More
Sichuan Qiaoyuan 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 Sichuan Qiaoyuan'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 Sichuan Qiaoyuan Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.42 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.73 |
Sichuan Qiaoyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Qiaoyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Qiaoyuan's standard deviation. In reality, there are many statistical measures that can use Sichuan Qiaoyuan historical prices to predict the future Sichuan Qiaoyuan's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.0892 | |||
| Treynor Ratio | (0.77) |
Sichuan Qiaoyuan Gas Backtested Returns
Sichuan Qiaoyuan Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Sichuan Qiaoyuan Gas exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sichuan Qiaoyuan's Risk Adjusted Performance of (0.09), coefficient of variation of (887.05), and Variance of 6.27 to confirm the risk estimate we provide. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sichuan Qiaoyuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sichuan Qiaoyuan is expected to be smaller as well. At this point, Sichuan Qiaoyuan Gas has a negative expected return of -0.28%. Please make sure to validate Sichuan Qiaoyuan's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sichuan Qiaoyuan Gas performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Sichuan Qiaoyuan Gas has weak reverse predictability. Overlapping area represents the amount of predictability between Sichuan Qiaoyuan 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 Sichuan Qiaoyuan Gas price movement. The serial correlation of -0.25 indicates that over 25.0% of current Sichuan Qiaoyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.68 |
Sichuan Qiaoyuan Gas lagged returns against current returns
Autocorrelation, which is Sichuan Qiaoyuan 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 Sichuan Qiaoyuan's stock expected returns. We can calculate the autocorrelation of Sichuan Qiaoyuan returns to help us make a trade decision. For example, suppose you find that Sichuan Qiaoyuan 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 |
Sichuan Qiaoyuan 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 Sichuan Qiaoyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Qiaoyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Qiaoyuan stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Qiaoyuan Lagged Returns
When evaluating Sichuan Qiaoyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Qiaoyuan stock have on its future price. Sichuan Qiaoyuan 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, Sichuan Qiaoyuan autocorrelation shows the relationship between Sichuan Qiaoyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Qiaoyuan Gas.
Regressed Prices |
| Timeline |
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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 Sichuan Stock
Sichuan Qiaoyuan financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Qiaoyuan security.