China Animal (China) Market Value
| 600195 Stock | 6.40 0.08 1.27% |
| Symbol | China |
China Animal '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 China Animal'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 China Animal.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in China Animal on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding China Animal Husbandry or generate 0.0% return on investment in China Animal over 30 days. China Animal is related to or competes with HaiXin Foods, Central Plains, Hangzhou Guotai, City Development, Muyuan Foodstuff, Shandong Iron, and Anji Foodstuff. More
China Animal 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 China Animal'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 China Animal Husbandry upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 2.63 |
China Animal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Animal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Animal's standard deviation. In reality, there are many statistical measures that can use China Animal historical prices to predict the future China Animal's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.17) |
China Animal Husbandry Backtested Returns
China Animal Husbandry secures Sharpe Ratio (or Efficiency) of -0.0472, which signifies that the company had a -0.0472 % return per unit of risk over the last 3 months. China Animal Husbandry exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Animal's Standard Deviation of 1.85, mean deviation of 1.42, and Risk Adjusted Performance of 2.0E-4 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Animal's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Animal is expected to be smaller as well. At this point, China Animal Husbandry has a negative expected return of -0.0837%. Please make sure to confirm China Animal's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if China Animal Husbandry performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
China Animal Husbandry has weak reverse predictability. Overlapping area represents the amount of predictability between China Animal time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 China Animal Husbandry price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current China Animal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
China Animal Husbandry lagged returns against current returns
Autocorrelation, which is China Animal 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 China Animal's stock expected returns. We can calculate the autocorrelation of China Animal returns to help us make a trade decision. For example, suppose you find that China Animal 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 |
China Animal 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 China Animal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Animal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Animal stock over time.
Current vs Lagged Prices |
| Timeline |
China Animal Lagged Returns
When evaluating China Animal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Animal stock have on its future price. China Animal 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, China Animal autocorrelation shows the relationship between China Animal stock current value and its past values and can show if there is a momentum factor associated with investing in China Animal Husbandry.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China Animal financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Animal security.