Long Yuan (China) Market Value
| 600491 Stock | 4.06 0.01 0.25% |
| Symbol | Long |
Long Yuan '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 Long Yuan'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 Long Yuan.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Long Yuan on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Long Yuan Construction or generate 0.0% return on investment in Long Yuan over 90 days. Long Yuan is related to or competes with Anhui Huaren, GUOMAI Culture, Hangzhou Minsheng, Guangdong Jinma, JCHX Mining, and Shandong Sinoglory. Long Yuan is entity of China. It is traded as Stock on SHG exchange. More
Long Yuan 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 Long Yuan'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 Long Yuan Construction upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0251 | |||
| Maximum Drawdown | 10.94 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.9 |
Long Yuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Long Yuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Long Yuan's standard deviation. In reality, there are many statistical measures that can use Long Yuan historical prices to predict the future Long Yuan's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.2313 | |||
| Treynor Ratio | (0.31) |
Long Yuan Construction Backtested Returns
At this point, Long Yuan is moderately volatile. Long Yuan Construction has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Long Yuan, which you can use to evaluate the volatility of the firm. Please verify Long Yuan's Mean Deviation of 1.75, insignificant risk adjusted performance, and Standard Deviation of 2.43 to check out if the risk estimate we provide is consistent with the expected return of 0.0221%. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Long Yuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Long Yuan is expected to be smaller as well. Long Yuan Construction right now secures a risk of 2.5%. Please verify Long Yuan Construction total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Long Yuan Construction will be following its current price movements.
Auto-correlation | -0.32 |
Poor reverse predictability
Long Yuan Construction has poor reverse predictability. Overlapping area represents the amount of predictability between Long Yuan time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Long Yuan Construction price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Long Yuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Long Yuan Construction lagged returns against current returns
Autocorrelation, which is Long Yuan 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 Long Yuan's stock expected returns. We can calculate the autocorrelation of Long Yuan returns to help us make a trade decision. For example, suppose you find that Long Yuan 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 |
Long Yuan 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 Long Yuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Long Yuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Long Yuan stock over time.
Current vs Lagged Prices |
| Timeline |
Long Yuan Lagged Returns
When evaluating Long Yuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Long Yuan stock have on its future price. Long Yuan 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, Long Yuan autocorrelation shows the relationship between Long Yuan stock current value and its past values and can show if there is a momentum factor associated with investing in Long Yuan Construction.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Long Stock
Long Yuan financial ratios help investors to determine whether Long 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 Long with respect to the benefits of owning Long Yuan security.