Qingyan Environmental (China) Market Value
| 301288 Stock | 13.28 0.39 2.85% |
| Symbol | Qingyan |
Qingyan Environmental '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 Qingyan Environmental'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 Qingyan Environmental.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Qingyan Environmental on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Qingyan Environmental Technology or generate 0.0% return on investment in Qingyan Environmental over 90 days. Qingyan Environmental is related to or competes with Beijing Watertek, ISoftStone Information, Westone Information, Zhejiang Kingland, Suzhou Douson, JCHX Mining, and Chenzhou Jingui. Qingyan Environmental is entity of China More
Qingyan Environmental 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 Qingyan Environmental'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 Qingyan Environmental Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 40.03 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 4.32 |
Qingyan Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qingyan Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qingyan Environmental's standard deviation. In reality, there are many statistical measures that can use Qingyan Environmental historical prices to predict the future Qingyan Environmental's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | 0.3631 | |||
| Treynor Ratio | 1.02 |
Qingyan Environmental Backtested Returns
Qingyan Environmental maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14 % return per unit of risk over the last 3 months. Qingyan Environmental exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qingyan Environmental's Risk Adjusted Performance of (0.05), variance of 20.7, and Coefficient Of Variation of (1,421) to confirm the risk estimate we provide. The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Qingyan Environmental are expected to decrease at a much lower rate. During the bear market, Qingyan Environmental is likely to outperform the market. At this point, Qingyan Environmental has a negative expected return of -0.52%. Please make sure to check Qingyan Environmental's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Qingyan Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Qingyan Environmental Technology has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Qingyan Environmental 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 Qingyan Environmental price movement. The serial correlation of -0.71 indicates that around 71.0% of current Qingyan Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Qingyan Environmental lagged returns against current returns
Autocorrelation, which is Qingyan Environmental 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 Qingyan Environmental's stock expected returns. We can calculate the autocorrelation of Qingyan Environmental returns to help us make a trade decision. For example, suppose you find that Qingyan Environmental 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 |
Qingyan Environmental 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 Qingyan Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qingyan Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qingyan Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Qingyan Environmental Lagged Returns
When evaluating Qingyan Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qingyan Environmental stock have on its future price. Qingyan Environmental 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, Qingyan Environmental autocorrelation shows the relationship between Qingyan Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Qingyan Environmental 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 Qingyan Stock
Qingyan Environmental financial ratios help investors to determine whether Qingyan 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 Qingyan with respect to the benefits of owning Qingyan Environmental security.