Fujian Nanwang (China) Market Value
| 301355 Stock | 12.09 0.12 1.00% |
| Symbol | Fujian |
Fujian Nanwang '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 Fujian Nanwang'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 Fujian Nanwang.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Fujian Nanwang on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Fujian Nanwang Environment or generate 0.0% return on investment in Fujian Nanwang over 90 days. Fujian Nanwang is related to or competes with State Grid, BCEG Environmental, Sichuan Newsnet, Southern PublishingMedia, Ciwen Media, Shenzhen, and Inly Media. More
Fujian Nanwang 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 Fujian Nanwang'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 Fujian Nanwang Environment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0053 | |||
| Maximum Drawdown | 16.74 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 4.39 |
Fujian Nanwang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fujian Nanwang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fujian Nanwang's standard deviation. In reality, there are many statistical measures that can use Fujian Nanwang historical prices to predict the future Fujian Nanwang's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | 0.1948 | |||
| Treynor Ratio | 0.4201 |
Fujian Nanwang Envir Backtested Returns
Fujian Nanwang Envir secures Sharpe Ratio (or Efficiency) of -0.0291, which denotes the company had a -0.0291 % return per unit of risk over the last 3 months. Fujian Nanwang Environment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fujian Nanwang's Variance of 6.39, standard deviation of 2.53, and Mean Deviation of 1.51 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fujian Nanwang are expected to decrease at a much lower rate. During the bear market, Fujian Nanwang is likely to outperform the market. At this point, Fujian Nanwang Envir has a negative expected return of -0.0735%. Please make sure to confirm Fujian Nanwang's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Fujian Nanwang Envir performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Fujian Nanwang Environment has very weak predictability. Overlapping area represents the amount of predictability between Fujian Nanwang time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Fujian Nanwang Envir price movement. The serial correlation of 0.17 indicates that over 17.0% of current Fujian Nanwang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Fujian Nanwang Envir lagged returns against current returns
Autocorrelation, which is Fujian Nanwang 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 Fujian Nanwang's stock expected returns. We can calculate the autocorrelation of Fujian Nanwang returns to help us make a trade decision. For example, suppose you find that Fujian Nanwang 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 |
Fujian Nanwang 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 Fujian Nanwang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fujian Nanwang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fujian Nanwang stock over time.
Current vs Lagged Prices |
| Timeline |
Fujian Nanwang Lagged Returns
When evaluating Fujian Nanwang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fujian Nanwang stock have on its future price. Fujian Nanwang 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, Fujian Nanwang autocorrelation shows the relationship between Fujian Nanwang stock current value and its past values and can show if there is a momentum factor associated with investing in Fujian Nanwang Environment.
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 Fujian Stock
Fujian Nanwang financial ratios help investors to determine whether Fujian 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 Fujian with respect to the benefits of owning Fujian Nanwang security.