Shanghai Yuyuan's market value is the price at which a share of Shanghai Yuyuan trades on a public exchange. It measures the collective expectations of Shanghai Yuyuan Tourist investors about its performance. Shanghai Yuyuan is trading at 6.15 as of the 5th of January 2025, a 3.15 percent decrease since the beginning of the trading day. The stock's open price was 6.35. With this module, you can estimate the performance of a buy and hold strategy of Shanghai Yuyuan Tourist and determine expected loss or profit from investing in Shanghai Yuyuan over a given investment horizon. Check out Shanghai Yuyuan Correlation, Shanghai Yuyuan Volatility and Shanghai Yuyuan Alpha and Beta module to complement your research on Shanghai Yuyuan.
Please note, there is a significant difference between Shanghai Yuyuan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shanghai Yuyuan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai Yuyuan'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.
Shanghai Yuyuan '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 Shanghai Yuyuan'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 Shanghai Yuyuan.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Shanghai Yuyuan'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 Shanghai Yuyuan Tourist 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 Shanghai Yuyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Yuyuan's standard deviation. In reality, there are many statistical measures that can use Shanghai Yuyuan historical prices to predict the future Shanghai Yuyuan's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai Yuyuan. Your research has to be compared to or analyzed against Shanghai Yuyuan's peers to derive any actionable benefits. When done correctly, Shanghai Yuyuan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shanghai Yuyuan Tourist.
Shanghai Yuyuan Tourist Backtested Returns
Shanghai Yuyuan Tourist owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0414, which indicates the firm had a -0.0414% return per unit of risk over the last 3 months. Shanghai Yuyuan Tourist exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai Yuyuan's Coefficient Of Variation of 1785.82, semi deviation of 2.17, and Risk Adjusted Performance of 0.0519 to confirm the risk estimate we provide. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shanghai Yuyuan are expected to decrease at a much lower rate. During the bear market, Shanghai Yuyuan is likely to outperform the market. At this point, Shanghai Yuyuan Tourist has a negative expected return of -0.0831%. Please make sure to validate Shanghai Yuyuan's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shanghai Yuyuan Tourist performance from the past will be repeated at some point in the near future.
Auto-correlation
0.20
Weak predictability
Shanghai Yuyuan Tourist has weak predictability. Overlapping area represents the amount of predictability between Shanghai Yuyuan time series from 6th of December 2024 to 21st of December 2024 and 21st of December 2024 to 5th 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 Shanghai Yuyuan Tourist price movement. The serial correlation of 0.2 indicates that over 20.0% of current Shanghai Yuyuan price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
-0.76
Residual Average
0.0
Price Variance
0.02
Shanghai Yuyuan Tourist lagged returns against current returns
Autocorrelation, which is Shanghai Yuyuan 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 Shanghai Yuyuan's stock expected returns. We can calculate the autocorrelation of Shanghai Yuyuan returns to help us make a trade decision. For example, suppose you find that Shanghai Yuyuan 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
Shanghai Yuyuan 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 Shanghai Yuyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Yuyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Yuyuan stock over time.
Current vs Lagged Prices
Timeline
Shanghai Yuyuan Lagged Returns
When evaluating Shanghai Yuyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Yuyuan stock have on its future price. Shanghai Yuyuan 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, Shanghai Yuyuan autocorrelation shows the relationship between Shanghai Yuyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Yuyuan Tourist.
Shanghai Yuyuan financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Yuyuan security.