Jilin Yatai (China) Market Value
| 600881 Stock | 1.89 0.10 5.03% |
| Symbol | Jilin |
Jilin Yatai '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 Jilin Yatai'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 Jilin Yatai.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Jilin Yatai on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jilin Yatai Group or generate 0.0% return on investment in Jilin Yatai over 30 days. Jilin Yatai is related to or competes with Bank of Communications, Thinkon Semiconductor, TianJin 712, Yuanjie Semiconductor, Southchip Semiconductor, Tianjin Hi, and Shannon Semiconductor. Jilin Yatai is entity of China. It is traded as Stock on SHG exchange. More
Jilin Yatai 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 Jilin Yatai'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 Jilin Yatai Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.24 | |||
| Information Ratio | 0.1091 | |||
| Maximum Drawdown | 20.42 | |||
| Value At Risk | (9.05) | |||
| Potential Upside | 10.13 |
Jilin Yatai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jilin Yatai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jilin Yatai's standard deviation. In reality, there are many statistical measures that can use Jilin Yatai historical prices to predict the future Jilin Yatai's volatility.| Risk Adjusted Performance | 0.1001 | |||
| Jensen Alpha | 0.6988 | |||
| Total Risk Alpha | 0.5963 | |||
| Sortino Ratio | 0.1295 | |||
| Treynor Ratio | (1.08) |
Jilin Yatai Group Backtested Returns
At this point, Jilin Yatai is dangerous. Jilin Yatai Group holds Efficiency (Sharpe) Ratio of 0.0032, which attests that the entity had a 0.0032% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jilin Yatai Group, which you can use to evaluate the volatility of the firm. Please check out Jilin Yatai's Risk Adjusted Performance of 0.1001, market risk adjusted performance of (1.07), and Downside Deviation of 5.24 to validate if the risk estimate we provide is consistent with the expected return of 0.0188%. The company retains a Market Volatility (i.e., Beta) of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jilin Yatai are expected to decrease at a much lower rate. During the bear market, Jilin Yatai is likely to outperform the market. Jilin Yatai Group right now retains a risk of 5.92%. Please check out Jilin Yatai coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Jilin Yatai will be following its current trending patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Jilin Yatai Group has very good reverse predictability. Overlapping area represents the amount of predictability between Jilin Yatai time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 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 Jilin Yatai Group price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Jilin Yatai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jilin Yatai Group lagged returns against current returns
Autocorrelation, which is Jilin Yatai 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 Jilin Yatai's stock expected returns. We can calculate the autocorrelation of Jilin Yatai returns to help us make a trade decision. For example, suppose you find that Jilin Yatai 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 |
Jilin Yatai 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 Jilin Yatai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jilin Yatai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jilin Yatai stock over time.
Current vs Lagged Prices |
| Timeline |
Jilin Yatai Lagged Returns
When evaluating Jilin Yatai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jilin Yatai stock have on its future price. Jilin Yatai 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, Jilin Yatai autocorrelation shows the relationship between Jilin Yatai stock current value and its past values and can show if there is a momentum factor associated with investing in Jilin Yatai Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jilin Stock
Jilin Yatai financial ratios help investors to determine whether Jilin 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 Jilin with respect to the benefits of owning Jilin Yatai security.