Metro Investment (China) Market Value
| 600683 Stock | 3.96 0.02 0.50% |
| Symbol | Metro |
Metro Investment '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 Metro Investment'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 Metro Investment.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Metro Investment on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Metro Investment Development or generate 0.0% return on investment in Metro Investment over 90 days. Metro Investment is related to or competes with Ningxia Building, Porton Fine, Wankai New, Jinsanjiang (Zhaoqing), Xiangtan Electrochemical, and Hubei Yihua. More
Metro Investment 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 Metro Investment'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 Metro Investment Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.26 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 2.61 |
Metro Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Investment's standard deviation. In reality, there are many statistical measures that can use Metro Investment historical prices to predict the future Metro Investment's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.1398 | |||
| Treynor Ratio | 40.94 |
Metro Investment Dev Backtested Returns
Metro Investment Dev has Sharpe Ratio of -0.051, which conveys that the firm had a -0.051 % return per unit of risk over the last 3 months. Metro Investment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro Investment's Mean Deviation of 1.79, standard deviation of 2.53, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0034, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metro Investment are expected to decrease at a much lower rate. During the bear market, Metro Investment is likely to outperform the market. At this point, Metro Investment Dev has a negative expected return of -0.13%. Please make sure to verify Metro Investment's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Metro Investment Dev performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Metro Investment Development has modest reverse predictability. Overlapping area represents the amount of predictability between Metro Investment 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 Metro Investment Dev price movement. The serial correlation of -0.47 indicates that about 47.0% of current Metro Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metro Investment Dev lagged returns against current returns
Autocorrelation, which is Metro Investment 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 Metro Investment's stock expected returns. We can calculate the autocorrelation of Metro Investment returns to help us make a trade decision. For example, suppose you find that Metro Investment 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 |
Metro Investment 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 Metro Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Metro Investment Lagged Returns
When evaluating Metro Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Investment stock have on its future price. Metro Investment 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, Metro Investment autocorrelation shows the relationship between Metro Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Metro Investment Development.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Metro Stock
Metro Investment financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro Investment security.