Sichuan Qiaoyuan (China) Market Value
| 301286 Stock | 34.03 0.19 0.56% |
| 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.
| 01/31/2023 |
| 01/20/2025 |
If you would invest 0.00 in Sichuan Qiaoyuan on January 31, 2023 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 720 days. Sichuan Qiaoyuan is related to or competes with Guosheng Financial, Bangyan Technology, Bank of Suzhou, Xiamen Bank, Industrial Bank, Shenzhen Topway, and Kuangda Technology. 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.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.0408 | |||
| Maximum Drawdown | 14.43 | |||
| Value At Risk | (4.04) | |||
| Potential Upside | 5.6 |
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 | 0.0498 | |||
| Jensen Alpha | 0.15 | |||
| Total Risk Alpha | 0.0699 | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | (0.24) |
Sichuan Qiaoyuan Gas Backtested Returns
At this point, Sichuan Qiaoyuan is not too volatile. Sichuan Qiaoyuan Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.051, which indicates the firm had a 0.051 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sichuan Qiaoyuan Gas, which you can use to evaluate the volatility of the company. Please validate Sichuan Qiaoyuan's Coefficient Of Variation of 1960.69, semi deviation of 2.4, and Risk Adjusted Performance of 0.0498 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sichuan Qiaoyuan has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sichuan Qiaoyuan are expected to decrease at a much lower rate. During the bear market, Sichuan Qiaoyuan is likely to outperform the market. Sichuan Qiaoyuan Gas right now has a risk of 2.91%. Please validate Sichuan Qiaoyuan mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Sichuan Qiaoyuan will be following its existing price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Sichuan Qiaoyuan Gas has insignificant predictability. Overlapping area represents the amount of predictability between Sichuan Qiaoyuan time series from 31st of January 2023 to 26th of January 2024 and 26th of January 2024 to 20th 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 Sichuan Qiaoyuan Gas price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Sichuan Qiaoyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 9.15 |
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 |
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 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.