Fujian Oriental (China) Market Value

600753 Stock   6.55  0.52  7.36%   
Fujian Oriental's market value is the price at which a share of Fujian Oriental trades on a public exchange. It measures the collective expectations of Fujian Oriental Silver investors about its performance. Fujian Oriental is trading at 6.55 as of the 24th of December 2024, a 7.36 percent decrease since the beginning of the trading day. The stock's open price was 7.07.
With this module, you can estimate the performance of a buy and hold strategy of Fujian Oriental Silver and determine expected loss or profit from investing in Fujian Oriental over a given investment horizon. Check out Fujian Oriental Correlation, Fujian Oriental Volatility and Fujian Oriental Alpha and Beta module to complement your research on Fujian Oriental.
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Please note, there is a significant difference between Fujian Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fujian Oriental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fujian Oriental'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.

Fujian Oriental '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 Fujian Oriental'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 Fujian Oriental.
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11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
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If you would invest  0.00  in Fujian Oriental on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Fujian Oriental Silver or generate 0.0% return on investment in Fujian Oriental over 30 days. Fujian Oriental is related to or competes with Cultural Investment, Gome Telecom, Bus Online, Holitech Technology, and Zotye Automobile. Fujian Oriental is entity of China. It is traded as Stock on SHG exchange. More

Fujian Oriental 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 Fujian Oriental'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 Fujian Oriental Silver upside and downside potential and time the market with a certain degree of confidence.

Fujian Oriental Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fujian Oriental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fujian Oriental's standard deviation. In reality, there are many statistical measures that can use Fujian Oriental historical prices to predict the future Fujian Oriental's volatility.
Hype
Prediction
LowEstimatedHigh
2.266.5510.84
Details
Intrinsic
Valuation
LowRealHigh
1.025.319.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fujian Oriental. Your research has to be compared to or analyzed against Fujian Oriental's peers to derive any actionable benefits. When done correctly, Fujian Oriental'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 Fujian Oriental Silver.

Fujian Oriental Silver Backtested Returns

Fujian Oriental appears to be moderately volatile, given 3 months investment horizon. Fujian Oriental Silver secures Sharpe Ratio (or Efficiency) of 0.0767, which denotes the company had a 0.0767% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fujian Oriental Silver, which you can use to evaluate the volatility of the firm. Please utilize Fujian Oriental's Downside Deviation of 4.02, mean deviation of 3.13, and Coefficient Of Variation of 1176.77 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fujian Oriental holds a performance score of 6. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fujian Oriental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fujian Oriental is expected to be smaller as well. Please check Fujian Oriental's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Fujian Oriental's price patterns will revert.

Auto-correlation

    
  -0.81  

Excellent reverse predictability

Fujian Oriental Silver has excellent reverse predictability. Overlapping area represents the amount of predictability between Fujian Oriental time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fujian Oriental Silver price movement. The serial correlation of -0.81 indicates that around 81.0% of current Fujian Oriental price fluctuation can be explain by its past prices.
Correlation Coefficient-0.81
Spearman Rank Test-0.87
Residual Average0.0
Price Variance0.22

Fujian Oriental Silver lagged returns against current returns

Autocorrelation, which is Fujian Oriental 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 Fujian Oriental's stock expected returns. We can calculate the autocorrelation of Fujian Oriental returns to help us make a trade decision. For example, suppose you find that Fujian Oriental 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  

Fujian Oriental 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 Fujian Oriental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fujian Oriental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fujian Oriental stock over time.
   Current vs Lagged Prices   
       Timeline  

Fujian Oriental Lagged Returns

When evaluating Fujian Oriental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fujian Oriental stock have on its future price. Fujian Oriental 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, Fujian Oriental autocorrelation shows the relationship between Fujian Oriental stock current value and its past values and can show if there is a momentum factor associated with investing in Fujian Oriental Silver.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Fujian Stock

Fujian Oriental financial ratios help investors to determine whether Fujian 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 Fujian with respect to the benefits of owning Fujian Oriental security.