Sublime China's market value is the price at which a share of Sublime China trades on a public exchange. It measures the collective expectations of Sublime China Information investors about its performance. Sublime China is trading at 57.68 as of the 6th of January 2025, a 6.49% down since the beginning of the trading day. The stock's open price was 61.68. With this module, you can estimate the performance of a buy and hold strategy of Sublime China Information and determine expected loss or profit from investing in Sublime China over a given investment horizon. Check out Sublime China Correlation, Sublime China Volatility and Sublime China Alpha and Beta module to complement your research on Sublime China.
Please note, there is a significant difference between Sublime China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sublime China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sublime China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sublime China '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 Sublime China'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 Sublime China.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sublime China'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 Sublime China Information upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sublime China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sublime China's standard deviation. In reality, there are many statistical measures that can use Sublime China historical prices to predict the future Sublime China's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sublime China. Your research has to be compared to or analyzed against Sublime China's peers to derive any actionable benefits. When done correctly, Sublime China's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sublime China Information.
Sublime China Information Backtested Returns
Sublime China Information owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0282, which indicates the firm had a -0.0282% return per unit of risk over the last 3 months. Sublime China Information exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sublime China's Coefficient Of Variation of 789.4, semi deviation of 4.55, and Risk Adjusted Performance of 0.1114 to confirm the risk estimate we provide. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sublime China are expected to decrease at a much lower rate. During the bear market, Sublime China is likely to outperform the market. At this point, Sublime China Information has a negative expected return of -0.12%. Please make sure to validate Sublime China's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Sublime China Information performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.42
Modest reverse predictability
Sublime China Information has modest reverse predictability. Overlapping area represents the amount of predictability between Sublime China time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Sublime China Information price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Sublime China price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.42
Spearman Rank Test
-0.43
Residual Average
0.0
Price Variance
7.6
Sublime China Information lagged returns against current returns
Autocorrelation, which is Sublime China 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 Sublime China's stock expected returns. We can calculate the autocorrelation of Sublime China returns to help us make a trade decision. For example, suppose you find that Sublime China 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
Sublime China 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 Sublime China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sublime China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sublime China stock over time.
Current vs Lagged Prices
Timeline
Sublime China Lagged Returns
When evaluating Sublime China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sublime China stock have on its future price. Sublime China 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, Sublime China autocorrelation shows the relationship between Sublime China stock current value and its past values and can show if there is a momentum factor associated with investing in Sublime China Information.
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.
Sublime China financial ratios help investors to determine whether Sublime 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 Sublime with respect to the benefits of owning Sublime China security.