Sichuan Road (China) Market Value
| 600039 Stock | 7.34 0.07 0.94% |
| Symbol | Sichuan |
Sichuan Road '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 Road'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 Road.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Sichuan Road on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Sichuan Road Bridge or generate 0.0% return on investment in Sichuan Road over 30 days. Sichuan Road is related to or competes with Shanghai Action, Duzhe Publishing, Anhui Jianghuai, Zhejiang Publishing, Dongfeng Automobile, Zhejiang Qianjiang, and Jiangsu Xinri. Sichuan Road is entity of China. It is traded as Stock on SHG exchange. More
Sichuan Road 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 Road'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 Road Bridge upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.02 | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.26 |
Sichuan Road Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Road's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Road's standard deviation. In reality, there are many statistical measures that can use Sichuan Road historical prices to predict the future Sichuan Road's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0727 | |||
| Treynor Ratio | (0.27) |
Sichuan Road Bridge Backtested Returns
Sichuan Road Bridge owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0361, which indicates the firm had a -0.0361 % return per unit of risk over the last 3 months. Sichuan Road Bridge exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sichuan Road's Variance of 1.74, coefficient of variation of (5,472), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sichuan Road's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sichuan Road is expected to be smaller as well. At this point, Sichuan Road Bridge has a negative expected return of -0.0454%. Please make sure to validate Sichuan Road'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 Road Bridge performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Sichuan Road Bridge has weak predictability. Overlapping area represents the amount of predictability between Sichuan Road time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Road Bridge price movement. The serial correlation of 0.23 indicates that over 23.0% of current Sichuan Road price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sichuan Road Bridge lagged returns against current returns
Autocorrelation, which is Sichuan Road 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 Road's stock expected returns. We can calculate the autocorrelation of Sichuan Road returns to help us make a trade decision. For example, suppose you find that Sichuan Road 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 Road 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 Road stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Road stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Road stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Road Lagged Returns
When evaluating Sichuan Road's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Road stock have on its future price. Sichuan Road 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 Road autocorrelation shows the relationship between Sichuan Road stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Road Bridge.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Sichuan Road 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 Road security.