Tianjin Capital (China) Market Value
| 600874 Stock | 6.07 0.04 0.66% |
| Symbol | Tianjin |
Tianjin Capital '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 Tianjin Capital'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 Tianjin Capital.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Tianjin Capital on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Tianjin Capital Environmental or generate 0.0% return on investment in Tianjin Capital over 30 days. Tianjin Capital is related to or competes with Cultural Investment, Gome Telecom, Bus Online, Holitech Technology, and Zotye Automobile. Tianjin Capital is entity of China. It is traded as Stock on SHG exchange. More
Tianjin Capital 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 Tianjin Capital'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 Tianjin Capital Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.8 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 4.5 |
Tianjin Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianjin Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianjin Capital's standard deviation. In reality, there are many statistical measures that can use Tianjin Capital historical prices to predict the future Tianjin Capital's volatility.| Risk Adjusted Performance | 0.0426 | |||
| Jensen Alpha | 0.0671 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3179 |
Tianjin Capital Envi Backtested Returns
Tianjin Capital appears to be slightly risky, given 3 months investment horizon. Tianjin Capital Envi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tianjin Capital Environmental, which you can use to evaluate the volatility of the company. Please review Tianjin Capital's Coefficient Of Variation of 2149.7, semi deviation of 2.62, and Risk Adjusted Performance of 0.0426 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tianjin Capital holds a performance score of 12. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tianjin Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tianjin Capital is expected to be smaller as well. Please check Tianjin Capital's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Tianjin Capital's existing price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
Tianjin Capital Environmental has good reverse predictability. Overlapping area represents the amount of predictability between Tianjin Capital time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Tianjin Capital Envi price movement. The serial correlation of -0.52 indicates that about 52.0% of current Tianjin Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tianjin Capital Envi lagged returns against current returns
Autocorrelation, which is Tianjin Capital 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 Tianjin Capital's stock expected returns. We can calculate the autocorrelation of Tianjin Capital returns to help us make a trade decision. For example, suppose you find that Tianjin Capital 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 |
Tianjin Capital 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 Tianjin Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianjin Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianjin Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Tianjin Capital Lagged Returns
When evaluating Tianjin Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianjin Capital stock have on its future price. Tianjin Capital 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, Tianjin Capital autocorrelation shows the relationship between Tianjin Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Tianjin Capital Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Tianjin Capital financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Capital security.