Yunnan Yuntianhua (China) Market Value
| 600096 Stock | 22.46 0.11 0.49% |
| Symbol | Yunnan |
Yunnan Yuntianhua '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 Yunnan Yuntianhua'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 Yunnan Yuntianhua.
| 10/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Yunnan Yuntianhua on October 19, 2024 and sell it all today you would earn a total of 0.00 from holding Yunnan Yuntianhua Co or generate 0.0% return on investment in Yunnan Yuntianhua over 60 days. Yunnan Yuntianhua is related to or competes with Gifore Agricultural, Huasi Agricultural, Guangdong Jinming, Shandong Homey, Suofeiya Home, Anhui Huilong, and Luolai Home. Yunnan Yuntianhua is entity of China. It is traded as Stock on SHG exchange. More
Yunnan Yuntianhua 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 Yunnan Yuntianhua'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 Yunnan Yuntianhua Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.0603 | |||
| Maximum Drawdown | 13.85 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.14 |
Yunnan Yuntianhua Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Yuntianhua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Yuntianhua's standard deviation. In reality, there are many statistical measures that can use Yunnan Yuntianhua historical prices to predict the future Yunnan Yuntianhua's volatility.| Risk Adjusted Performance | 0.0737 | |||
| Jensen Alpha | 0.1928 | |||
| Total Risk Alpha | 0.0173 | |||
| Sortino Ratio | 0.0735 | |||
| Treynor Ratio | (1.23) |
Yunnan Yuntianhua Backtested Returns
Yunnan Yuntianhua appears to be not too volatile, given 3 months investment horizon. Yunnan Yuntianhua shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yunnan Yuntianhua, which you can use to evaluate the volatility of the company. Please utilize Yunnan Yuntianhua's Mean Deviation of 1.49, downside deviation of 1.72, and Market Risk Adjusted Performance of (1.22) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yunnan Yuntianhua holds a performance score of 12. The firm maintains a market beta of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yunnan Yuntianhua are expected to decrease at a much lower rate. During the bear market, Yunnan Yuntianhua is likely to outperform the market. Please check Yunnan Yuntianhua's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Yunnan Yuntianhua's historical returns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Yunnan Yuntianhua Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Yunnan Yuntianhua time series from 19th of October 2024 to 18th of November 2024 and 18th of November 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yunnan Yuntianhua price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Yunnan Yuntianhua price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Yunnan Yuntianhua lagged returns against current returns
Autocorrelation, which is Yunnan Yuntianhua 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 Yunnan Yuntianhua's stock expected returns. We can calculate the autocorrelation of Yunnan Yuntianhua returns to help us make a trade decision. For example, suppose you find that Yunnan Yuntianhua 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 |
Yunnan Yuntianhua 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 Yunnan Yuntianhua stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Yuntianhua stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Yuntianhua stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Yuntianhua Lagged Returns
When evaluating Yunnan Yuntianhua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Yuntianhua stock have on its future price. Yunnan Yuntianhua 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, Yunnan Yuntianhua autocorrelation shows the relationship between Yunnan Yuntianhua stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Yuntianhua Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Yunnan Yuntianhua financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Yuntianhua security.