Luyin Investment (China) Market Value
| 600784 Stock | 6.27 0.11 1.79% |
| Symbol | Luyin |
Luyin 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 Luyin 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 Luyin Investment.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Luyin Investment on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Luyin Investment Group or generate 0.0% return on investment in Luyin Investment over 360 days. Luyin Investment is related to or competes with Hunan Investment, King Strong, Super Dragon, Anhui Deli, Shanghai Metersbonwe, Zhongrun Resources, and Zhejiang Construction. Luyin Investment is entity of China. It is traded as Stock on SHG exchange. More
Luyin 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 Luyin 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 Luyin Investment Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.1569 | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.71 |
Luyin Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luyin Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luyin Investment's standard deviation. In reality, there are many statistical measures that can use Luyin Investment historical prices to predict the future Luyin Investment's volatility.| Risk Adjusted Performance | 0.1732 | |||
| Jensen Alpha | 0.4712 | |||
| Total Risk Alpha | 0.105 | |||
| Sortino Ratio | 0.1794 | |||
| Treynor Ratio | 5.9 |
Luyin Investment Backtested Returns
Luyin Investment appears to be somewhat reliable, given 3 months investment horizon. Luyin Investment has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Luyin Investment, which you can use to evaluate the volatility of the firm. Please exercise Luyin Investment's Mean Deviation of 1.62, downside deviation of 1.97, and Risk Adjusted Performance of 0.1732 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Luyin Investment holds a performance score of 16. The company secures a Beta (Market Risk) of 0.0816, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Luyin Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Luyin Investment is expected to be smaller as well. Please check Luyin Investment's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Luyin Investment's current price movements will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Luyin Investment Group has poor reverse predictability. Overlapping area represents the amount of predictability between Luyin Investment time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Luyin Investment price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Luyin Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Luyin Investment lagged returns against current returns
Autocorrelation, which is Luyin 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 Luyin Investment's stock expected returns. We can calculate the autocorrelation of Luyin Investment returns to help us make a trade decision. For example, suppose you find that Luyin 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 |
Luyin 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 Luyin Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luyin Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luyin Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Luyin Investment Lagged Returns
When evaluating Luyin Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luyin Investment stock have on its future price. Luyin 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, Luyin Investment autocorrelation shows the relationship between Luyin Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Luyin Investment Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Luyin Stock
Luyin Investment financial ratios help investors to determine whether Luyin 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 Luyin with respect to the benefits of owning Luyin Investment security.