Lao Feng's market value is the price at which a share of Lao Feng trades on a public exchange. It measures the collective expectations of Lao Feng Xiang investors about its performance. Lao Feng is trading at 55.17 as of the 2nd of January 2025, a 1.66% up since the beginning of the trading day. The stock's open price was 54.27. With this module, you can estimate the performance of a buy and hold strategy of Lao Feng Xiang and determine expected loss or profit from investing in Lao Feng over a given investment horizon. Check out Lao Feng Correlation, Lao Feng Volatility and Lao Feng Alpha and Beta module to complement your research on Lao Feng.
Please note, there is a significant difference between Lao Feng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lao Feng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lao Feng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lao Feng '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 Lao Feng'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 Lao Feng.
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01/13/2023
No Change 0.00
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In 1 year 11 months and 22 days
01/02/2025
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If you would invest 0.00 in Lao Feng on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Lao Feng Xiang or generate 0.0% return on investment in Lao Feng over 720 days. Lao Feng is related to or competes with Kuangda Technology, Shengda Mining, Hainan Mining, Jinhui Mining, HUAQIN TECHNOLOGY, CGN Nuclear, and Jiangxi Naipu. Lao Feng is entity of China. It is traded as Stock on SHG exchange. More
Lao Feng 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 Lao Feng'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 Lao Feng Xiang upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lao Feng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lao Feng's standard deviation. In reality, there are many statistical measures that can use Lao Feng historical prices to predict the future Lao Feng's volatility.
Lao Feng Xiang has Sharpe Ratio of -0.0498, which conveys that the firm had a -0.0498% return per unit of risk over the last 3 months. Lao Feng exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lao Feng's Mean Deviation of 2.25, downside deviation of 3.06, and Risk Adjusted Performance of 0.0194 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lao Feng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lao Feng is expected to be smaller as well. At this point, Lao Feng Xiang has a negative expected return of -0.15%. Please make sure to verify Lao Feng's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Lao Feng Xiang performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.39
Poor reverse predictability
Lao Feng Xiang has poor reverse predictability. Overlapping area represents the amount of predictability between Lao Feng time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 Lao Feng Xiang price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Lao Feng price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
-0.34
Residual Average
0.0
Price Variance
124.85
Lao Feng Xiang lagged returns against current returns
Autocorrelation, which is Lao Feng 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 Lao Feng's stock expected returns. We can calculate the autocorrelation of Lao Feng returns to help us make a trade decision. For example, suppose you find that Lao Feng 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
Lao Feng 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 Lao Feng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lao Feng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lao Feng stock over time.
Current vs Lagged Prices
Timeline
Lao Feng Lagged Returns
When evaluating Lao Feng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lao Feng stock have on its future price. Lao Feng 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, Lao Feng autocorrelation shows the relationship between Lao Feng stock current value and its past values and can show if there is a momentum factor associated with investing in Lao Feng Xiang.
Lao Feng financial ratios help investors to determine whether Lao 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 Lao with respect to the benefits of owning Lao Feng security.