Sichuan Swellfun (China) Market Value
| 600779 Stock | 58.90 0.08 0.14% |
| Symbol | Sichuan |
Sichuan Swellfun '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 Sichuan Swellfun'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 Sichuan Swellfun.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Sichuan Swellfun on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Sichuan Swellfun Co or generate 0.0% return on investment in Sichuan Swellfun over 90 days. Sichuan Swellfun is related to or competes with Dongguan Tarry, Xinya Electronic, Jiangxi Hengda, State Grid, Xinjiang Communications, Leaguer Shenzhen, and Wintao Communications. Sichuan Swellfun is entity of China. It is traded as Stock on SHG exchange. More
Sichuan Swellfun 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 Sichuan Swellfun'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 Sichuan Swellfun Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.1968 | |||
| Maximum Drawdown | 20.01 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 10.0 |
Sichuan Swellfun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Swellfun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Swellfun's standard deviation. In reality, there are many statistical measures that can use Sichuan Swellfun historical prices to predict the future Sichuan Swellfun's volatility.| Risk Adjusted Performance | 0.1718 | |||
| Jensen Alpha | 0.932 | |||
| Total Risk Alpha | 0.2763 | |||
| Sortino Ratio | 0.2296 | |||
| Treynor Ratio | 8.28 |
Sichuan Swellfun Backtested Returns
Sichuan Swellfun is very steady given 3 months investment horizon. Sichuan Swellfun owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use Sichuan Swellfun Semi Deviation of 2.95, risk adjusted performance of 0.1718, and Coefficient Of Variation of 441.79 to evaluate company specific risk that cannot be diversified away. Sichuan Swellfun holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sichuan Swellfun's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sichuan Swellfun is expected to be smaller as well. Use Sichuan Swellfun mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Sichuan Swellfun.
Auto-correlation | 0.92 |
Excellent predictability
Sichuan Swellfun Co has excellent predictability. Overlapping area represents the amount of predictability between Sichuan Swellfun time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Sichuan Swellfun price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Sichuan Swellfun price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 40.35 |
Sichuan Swellfun lagged returns against current returns
Autocorrelation, which is Sichuan Swellfun 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 Sichuan Swellfun's stock expected returns. We can calculate the autocorrelation of Sichuan Swellfun returns to help us make a trade decision. For example, suppose you find that Sichuan Swellfun 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 |
Sichuan Swellfun 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 Sichuan Swellfun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Swellfun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Swellfun stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Swellfun Lagged Returns
When evaluating Sichuan Swellfun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Swellfun stock have on its future price. Sichuan Swellfun 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, Sichuan Swellfun autocorrelation shows the relationship between Sichuan Swellfun stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Swellfun Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Sichuan Swellfun financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Swellfun security.