Jiangsu Sainty (China) Market Value
| 600287 Stock | 4.52 0.02 0.44% |
| Symbol | Jiangsu |
Jiangsu Sainty '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 Jiangsu Sainty'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 Jiangsu Sainty.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Jiangsu Sainty on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Sainty Corp or generate 0.0% return on investment in Jiangsu Sainty over 30 days. Jiangsu Sainty is related to or competes with Ningbo Ligong, Digiwin Software, Chengdu Xingrong, Suzhou Douson, Kuang Chi, Guangzhou KingTeller, and Zhongrun Resources. More
Jiangsu Sainty 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 Jiangsu Sainty'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 Jiangsu Sainty Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.1269 | |||
| Maximum Drawdown | 10.09 | |||
| Value At Risk | (4.37) | |||
| Potential Upside | 5.0 |
Jiangsu Sainty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Sainty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Sainty's standard deviation. In reality, there are many statistical measures that can use Jiangsu Sainty historical prices to predict the future Jiangsu Sainty's volatility.| Risk Adjusted Performance | 0.1226 | |||
| Jensen Alpha | 0.3306 | |||
| Total Risk Alpha | 0.2793 | |||
| Sortino Ratio | 0.1231 | |||
| Treynor Ratio | 0.8459 |
Jiangsu Sainty Corp Backtested Returns
Jiangsu Sainty appears to be slightly risky, given 3 months investment horizon. Jiangsu Sainty Corp holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Sainty Corp, which you can use to evaluate the volatility of the firm. Please utilize Jiangsu Sainty's Market Risk Adjusted Performance of 0.8559, downside deviation of 2.59, and Risk Adjusted Performance of 0.1226 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jiangsu Sainty holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jiangsu Sainty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangsu Sainty is expected to be smaller as well. Please check Jiangsu Sainty's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Jiangsu Sainty's current trending patterns will revert.
Auto-correlation | -0.82 |
Excellent reverse predictability
Jiangsu Sainty Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Sainty 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 Jiangsu Sainty Corp price movement. The serial correlation of -0.82 indicates that around 82.0% of current Jiangsu Sainty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Jiangsu Sainty Corp lagged returns against current returns
Autocorrelation, which is Jiangsu Sainty 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 Jiangsu Sainty's stock expected returns. We can calculate the autocorrelation of Jiangsu Sainty returns to help us make a trade decision. For example, suppose you find that Jiangsu Sainty 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 |
Jiangsu Sainty 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 Jiangsu Sainty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Sainty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Sainty stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Sainty Lagged Returns
When evaluating Jiangsu Sainty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Sainty stock have on its future price. Jiangsu Sainty 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, Jiangsu Sainty autocorrelation shows the relationship between Jiangsu Sainty stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Sainty Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Sainty financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Sainty security.