Xiamen Faratronic (China) Market Value
| 600563 Stock | 121.95 6.88 5.98% |
| Symbol | Xiamen |
Xiamen Faratronic '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 Xiamen Faratronic'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 Xiamen Faratronic.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in Xiamen Faratronic on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Xiamen Faratronic Co or generate 0.0% return on investment in Xiamen Faratronic over 570 days. Xiamen Faratronic is related to or competes with Anhui Huaren, Healthcare, Yunnan Jianzhijia, Youngy Health, Shanghai Rongtai, De Rucci, and Impulse Qingdao. More
Xiamen Faratronic 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 Xiamen Faratronic'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 Xiamen Faratronic Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.0744 | |||
| Maximum Drawdown | 14.8 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.68 |
Xiamen Faratronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xiamen Faratronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xiamen Faratronic's standard deviation. In reality, there are many statistical measures that can use Xiamen Faratronic historical prices to predict the future Xiamen Faratronic's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 0.1903 | |||
| Total Risk Alpha | 0.1413 | |||
| Sortino Ratio | 0.0807 | |||
| Treynor Ratio | 0.5278 |
Xiamen Faratronic Backtested Returns
Xiamen Faratronic appears to be very steady, given 3 months investment horizon. Xiamen Faratronic shows Sharpe Ratio of 0.0868, which attests that the company had a 0.0868 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xiamen Faratronic, which you can use to evaluate the volatility of the company. Please utilize Xiamen Faratronic's Downside Deviation of 2.2, market risk adjusted performance of 0.5378, and Mean Deviation of 1.73 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xiamen Faratronic holds a performance score of 6. The firm maintains a market beta of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xiamen Faratronic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xiamen Faratronic is expected to be smaller as well. Please check Xiamen Faratronic'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 Xiamen Faratronic's historical returns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Xiamen Faratronic Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xiamen Faratronic time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 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 Xiamen Faratronic price movement. The serial correlation of -0.19 indicates that over 19.0% of current Xiamen Faratronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 352.54 |
Xiamen Faratronic lagged returns against current returns
Autocorrelation, which is Xiamen Faratronic 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 Xiamen Faratronic's stock expected returns. We can calculate the autocorrelation of Xiamen Faratronic returns to help us make a trade decision. For example, suppose you find that Xiamen Faratronic 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 |
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Xiamen Faratronic 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 Xiamen Faratronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xiamen Faratronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xiamen Faratronic stock over time.
Current vs Lagged Prices |
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Xiamen Faratronic Lagged Returns
When evaluating Xiamen Faratronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xiamen Faratronic stock have on its future price. Xiamen Faratronic 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, Xiamen Faratronic autocorrelation shows the relationship between Xiamen Faratronic stock current value and its past values and can show if there is a momentum factor associated with investing in Xiamen Faratronic Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Xiamen Faratronic financial ratios help investors to determine whether Xiamen 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 Xiamen with respect to the benefits of owning Xiamen Faratronic security.