Tianjin Songjiang (China) Market Value
| 600225 Stock | 1.24 0.06 4.62% |
| Symbol | Tianjin |
Tianjin Songjiang '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 Tianjin Songjiang'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 Tianjin Songjiang.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Tianjin Songjiang on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Tianjin Songjiang Co or generate 0.0% return on investment in Tianjin Songjiang over 30 days. Tianjin Songjiang is related to or competes with Eastern Air, Do Fluoride, Mengtian Home, Harbin Air, Easyhome New, Dymatic Chemicals, and Eastroc Beverage. Tianjin Songjiang is entity of China. It is traded as Stock on SHG exchange. More
Tianjin Songjiang 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 Tianjin Songjiang'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 Tianjin Songjiang Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 86.01 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 10.04 |
Tianjin Songjiang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianjin Songjiang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianjin Songjiang's standard deviation. In reality, there are many statistical measures that can use Tianjin Songjiang historical prices to predict the future Tianjin Songjiang's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 0.2402 |
Tianjin Songjiang Backtested Returns
Tianjin Songjiang owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0794, which indicates the firm had a -0.0794% return per unit of risk over the last 3 months. Tianjin Songjiang Co exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tianjin Songjiang's Risk Adjusted Performance of (0.03), variance of 85.37, and Coefficient Of Variation of (2,340) to confirm the risk estimate we provide. The entity has a beta of -1.69, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tianjin Songjiang are expected to decrease by larger amounts. On the other hand, during market turmoil, Tianjin Songjiang is expected to outperform it. At this point, Tianjin Songjiang has a negative expected return of -0.73%. Please make sure to validate Tianjin Songjiang's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Tianjin Songjiang performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.91 |
Near perfect reversele predictability
Tianjin Songjiang Co has near perfect reversele predictability. Overlapping area represents the amount of predictability between Tianjin Songjiang time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th 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 Tianjin Songjiang price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Tianjin Songjiang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tianjin Songjiang lagged returns against current returns
Autocorrelation, which is Tianjin Songjiang 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 Tianjin Songjiang's stock expected returns. We can calculate the autocorrelation of Tianjin Songjiang returns to help us make a trade decision. For example, suppose you find that Tianjin Songjiang 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 |
Tianjin Songjiang 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 Tianjin Songjiang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianjin Songjiang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianjin Songjiang stock over time.
Current vs Lagged Prices |
| Timeline |
Tianjin Songjiang Lagged Returns
When evaluating Tianjin Songjiang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianjin Songjiang stock have on its future price. Tianjin Songjiang 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, Tianjin Songjiang autocorrelation shows the relationship between Tianjin Songjiang stock current value and its past values and can show if there is a momentum factor associated with investing in Tianjin Songjiang Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Tianjin Songjiang financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Songjiang security.