Yunnan Bowin (China) Market Value
| 600883 Stock | 7.23 0.03 0.42% |
| Symbol | Yunnan |
Yunnan Bowin '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 Yunnan Bowin'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 Yunnan Bowin.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Yunnan Bowin on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Yunnan Bowin Technology or generate 0.0% return on investment in Yunnan Bowin over 90 days. Yunnan Bowin is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, and Jiangxi Ganfeng. Yunnan Bowin is entity of China. It is traded as Stock on SHG exchange. More
Yunnan Bowin 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 Yunnan Bowin'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 Yunnan Bowin Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.21 |
Yunnan Bowin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Bowin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Bowin's standard deviation. In reality, there are many statistical measures that can use Yunnan Bowin historical prices to predict the future Yunnan Bowin's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.1787 | |||
| Treynor Ratio | 0.4574 |
Yunnan Bowin Technology Backtested Returns
Yunnan Bowin Technology shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. Yunnan Bowin Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yunnan Bowin's Mean Deviation of 1.66, standard deviation of 2.28, and Market Risk Adjusted Performance of 0.4674 to validate the risk estimate we provide. The firm maintains a market beta of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yunnan Bowin are expected to decrease at a much lower rate. During the bear market, Yunnan Bowin is likely to outperform the market. At this point, Yunnan Bowin Technology has a negative expected return of -0.0066%. Please make sure to check out Yunnan Bowin's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Yunnan Bowin Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Yunnan Bowin Technology has insignificant predictability. Overlapping area represents the amount of predictability between Yunnan Bowin time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Yunnan Bowin Technology price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Yunnan Bowin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Yunnan Bowin Technology lagged returns against current returns
Autocorrelation, which is Yunnan Bowin 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 Yunnan Bowin's stock expected returns. We can calculate the autocorrelation of Yunnan Bowin returns to help us make a trade decision. For example, suppose you find that Yunnan Bowin 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 |
Yunnan Bowin 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 Yunnan Bowin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Bowin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Bowin stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Bowin Lagged Returns
When evaluating Yunnan Bowin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Bowin stock have on its future price. Yunnan Bowin 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, Yunnan Bowin autocorrelation shows the relationship between Yunnan Bowin stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Bowin Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Yunnan Bowin financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Bowin security.