Wintime Energy's market value is the price at which a share of Wintime Energy trades on a public exchange. It measures the collective expectations of Wintime Energy Co investors about its performance. Wintime Energy is trading at 1.79 as of the 1st of January 2025, a 4.68 percent increase since the beginning of the trading day. The stock's open price was 1.71. With this module, you can estimate the performance of a buy and hold strategy of Wintime Energy Co and determine expected loss or profit from investing in Wintime Energy over a given investment horizon. Check out Wintime Energy Correlation, Wintime Energy Volatility and Wintime Energy Alpha and Beta module to complement your research on Wintime Energy.
Please note, there is a significant difference between Wintime Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wintime Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wintime Energy'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.
Wintime Energy '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 Wintime Energy'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 Wintime Energy.
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02/11/2023
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In 1 year 10 months and 22 days
01/01/2025
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If you would invest 0.00 in Wintime Energy on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Wintime Energy Co or generate 0.0% return on investment in Wintime Energy over 690 days. Wintime Energy is related to or competes with Zhejiang Kingland, Keli Sensing, TCL Corp, Shenzhen Kaifa, SAIC, and Guangdong Jingyi. Wintime Energy is entity of China. It is traded as Stock on SHG exchange. More
Wintime Energy 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 Wintime Energy'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 Wintime Energy Co 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 Wintime Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wintime Energy's standard deviation. In reality, there are many statistical measures that can use Wintime Energy historical prices to predict the future Wintime Energy's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wintime Energy. Your research has to be compared to or analyzed against Wintime Energy's peers to derive any actionable benefits. When done correctly, Wintime Energy'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 Wintime Energy.
Wintime Energy Backtested Returns
Wintime Energy appears to be dangerous, given 3 months investment horizon. Wintime Energy shows Sharpe Ratio of 0.0999, which attests that the company had a 0.0999% return per unit of risk over the last 3 months. We have found thirty technical indicators for Wintime Energy, which you can use to evaluate the volatility of the company. Please utilize Wintime Energy's Mean Deviation of 3.14, market risk adjusted performance of 1.53, and Downside Deviation of 3.57 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wintime Energy holds a performance score of 7. The firm maintains a market beta of 0.58, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wintime Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wintime Energy is expected to be smaller as well. Please check Wintime Energy's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Wintime Energy's historical returns will revert.
Auto-correlation
-0.26
Weak reverse predictability
Wintime Energy Co has weak reverse predictability. Overlapping area represents the amount of predictability between Wintime Energy time series from 11th of February 2023 to 22nd of January 2024 and 22nd of January 2024 to 1st 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 Wintime Energy price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Wintime Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.26
Spearman Rank Test
-0.22
Residual Average
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Price Variance
0.05
Wintime Energy lagged returns against current returns
Autocorrelation, which is Wintime Energy 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 Wintime Energy's stock expected returns. We can calculate the autocorrelation of Wintime Energy returns to help us make a trade decision. For example, suppose you find that Wintime Energy 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
Wintime Energy 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 Wintime Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wintime Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wintime Energy stock over time.
Current vs Lagged Prices
Timeline
Wintime Energy Lagged Returns
When evaluating Wintime Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wintime Energy stock have on its future price. Wintime Energy 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, Wintime Energy autocorrelation shows the relationship between Wintime Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Wintime Energy Co.
Wintime Energy financial ratios help investors to determine whether Wintime 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 Wintime with respect to the benefits of owning Wintime Energy security.