Gem-Year Industrial (China) Market Value
| 601002 Stock | 4.88 0.22 4.31% |
| Symbol | Gem-Year |
Gem-Year Industrial '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 Gem-Year Industrial'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 Gem-Year Industrial.
| 05/11/2023 |
| 03/01/2025 |
If you would invest 0.00 in Gem-Year Industrial on May 11, 2023 and sell it all today you would earn a total of 0.00 from holding Gem Year Industrial Co or generate 0.0% return on investment in Gem-Year Industrial over 660 days. Gem-Year Industrial is related to or competes with Maccura Biotechnology, Talkweb Information, Biwin Storage, Sichuan Hebang, Nsfocus Information, Emdoor Information, and HengFeng Information. Gem-Year Industrial is entity of China. It is traded as Stock on SHG exchange. More
Gem-Year Industrial 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 Gem-Year Industrial'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 Gem Year Industrial Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0716 | |||
| Maximum Drawdown | 11.49 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 4.17 |
Gem-Year Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gem-Year Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gem-Year Industrial's standard deviation. In reality, there are many statistical measures that can use Gem-Year Industrial historical prices to predict the future Gem-Year Industrial's volatility.| Risk Adjusted Performance | 0.0556 | |||
| Jensen Alpha | 0.1486 | |||
| Total Risk Alpha | 0.2211 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 2.11 |
Gem Year Industrial Backtested Returns
At this point, Gem-Year Industrial is slightly risky. Gem Year Industrial holds Efficiency (Sharpe) Ratio of 0.0551, which attests that the entity had a 0.0551 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gem Year Industrial, which you can use to evaluate the volatility of the firm. Please check out Gem-Year Industrial's Market Risk Adjusted Performance of 2.12, risk adjusted performance of 0.0556, and Downside Deviation of 2.06 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Gem-Year Industrial has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0695, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gem-Year Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gem-Year Industrial is expected to be smaller as well. Gem Year Industrial right now retains a risk of 2.44%. Please check out Gem-Year Industrial downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Gem-Year Industrial will be following its current trending patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Gem Year Industrial Co has good reverse predictability. Overlapping area represents the amount of predictability between Gem-Year Industrial time series from 11th of May 2023 to 5th of April 2024 and 5th of April 2024 to 1st 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 Gem Year Industrial price movement. The serial correlation of -0.54 indicates that about 54.0% of current Gem-Year Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Gem Year Industrial lagged returns against current returns
Autocorrelation, which is Gem-Year Industrial 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 Gem-Year Industrial's stock expected returns. We can calculate the autocorrelation of Gem-Year Industrial returns to help us make a trade decision. For example, suppose you find that Gem-Year Industrial 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 |
Gem-Year Industrial 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 Gem-Year Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gem-Year Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gem-Year Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Gem-Year Industrial Lagged Returns
When evaluating Gem-Year Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gem-Year Industrial stock have on its future price. Gem-Year Industrial 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, Gem-Year Industrial autocorrelation shows the relationship between Gem-Year Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Gem Year Industrial Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gem-Year Stock
Gem-Year Industrial financial ratios help investors to determine whether Gem-Year 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 Gem-Year with respect to the benefits of owning Gem-Year Industrial security.