Gansu Mogao (China) Market Value
| 600543 Stock | 5.00 0.01 0.20% |
| Symbol | Gansu |
Gansu Mogao '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 Gansu Mogao'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 Gansu Mogao.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Gansu Mogao on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Gansu Mogao Industrial or generate 0.0% return on investment in Gansu Mogao over 90 days. Gansu Mogao is related to or competes with Vanfund Urban, Huawen Media, Guotai Epoint, Vats Liquor, China National, China Eastern, and Nuode Investment. Gansu Mogao is entity of China. It is traded as Stock on SHG exchange. More
Gansu Mogao 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 Gansu Mogao'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 Gansu Mogao Industrial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.34 | |||
| Value At Risk | (6.21) | |||
| Potential Upside | 3.95 |
Gansu Mogao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gansu Mogao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gansu Mogao's standard deviation. In reality, there are many statistical measures that can use Gansu Mogao historical prices to predict the future Gansu Mogao's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | 0.126 | |||
| Treynor Ratio | (0.69) |
Gansu Mogao Industrial Backtested Returns
Gansu Mogao Industrial holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Gansu Mogao Industrial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gansu Mogao's Market Risk Adjusted Performance of (0.68), standard deviation of 3.28, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gansu Mogao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gansu Mogao is expected to be smaller as well. At this point, Gansu Mogao Industrial has a negative expected return of -0.4%. Please make sure to check out Gansu Mogao's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Gansu Mogao Industrial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Gansu Mogao Industrial has very weak reverse predictability. Overlapping area represents the amount of predictability between Gansu Mogao time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Gansu Mogao Industrial price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Gansu Mogao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Gansu Mogao Industrial lagged returns against current returns
Autocorrelation, which is Gansu Mogao 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 Gansu Mogao's stock expected returns. We can calculate the autocorrelation of Gansu Mogao returns to help us make a trade decision. For example, suppose you find that Gansu Mogao 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 |
Gansu Mogao 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 Gansu Mogao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gansu Mogao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gansu Mogao stock over time.
Current vs Lagged Prices |
| Timeline |
Gansu Mogao Lagged Returns
When evaluating Gansu Mogao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gansu Mogao stock have on its future price. Gansu Mogao 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, Gansu Mogao autocorrelation shows the relationship between Gansu Mogao stock current value and its past values and can show if there is a momentum factor associated with investing in Gansu Mogao Industrial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gansu Stock
Gansu Mogao financial ratios help investors to determine whether Gansu 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 Gansu with respect to the benefits of owning Gansu Mogao security.