Jinling Hotel (China) Market Value
| 601007 Stock | 7.41 0.14 1.93% |
| Symbol | Jinling |
Jinling Hotel '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 Jinling Hotel'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 Jinling Hotel.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Jinling Hotel on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Jinling Hotel Corp or generate 0.0% return on investment in Jinling Hotel over 360 days. Jinling Hotel is related to or competes with King Strong, Kangxin New, Orinko Advanced, Xizi Clean, Hangzhou Gaoxin, Western Metal, and Kingclean Electric. Jinling Hotel is entity of China. It is traded as Stock on SHG exchange. More
Jinling Hotel 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 Jinling Hotel'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 Jinling Hotel Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0527 | |||
| Maximum Drawdown | 18.23 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 4.0 |
Jinling Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jinling Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jinling Hotel's standard deviation. In reality, there are many statistical measures that can use Jinling Hotel historical prices to predict the future Jinling Hotel's volatility.| Risk Adjusted Performance | 0.0916 | |||
| Jensen Alpha | 0.1661 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0507 | |||
| Treynor Ratio | 0.3754 |
Jinling Hotel Corp Backtested Returns
Jinling Hotel appears to be somewhat reliable, given 3 months investment horizon. Jinling Hotel Corp holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jinling Hotel Corp, which you can use to evaluate the volatility of the firm. Please utilize Jinling Hotel's Risk Adjusted Performance of 0.0916, market risk adjusted performance of 0.3854, and Downside Deviation of 2.45 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jinling Hotel holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jinling Hotel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jinling Hotel is expected to be smaller as well. Please check Jinling Hotel's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Jinling Hotel's current trending patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Jinling Hotel Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Jinling Hotel 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 Jinling Hotel Corp price movement. The serial correlation of -0.17 indicates that over 17.0% of current Jinling Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Jinling Hotel Corp lagged returns against current returns
Autocorrelation, which is Jinling Hotel 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 Jinling Hotel's stock expected returns. We can calculate the autocorrelation of Jinling Hotel returns to help us make a trade decision. For example, suppose you find that Jinling Hotel 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 |
Jinling Hotel 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 Jinling Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jinling Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jinling Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
Jinling Hotel Lagged Returns
When evaluating Jinling Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jinling Hotel stock have on its future price. Jinling Hotel 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, Jinling Hotel autocorrelation shows the relationship between Jinling Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in Jinling Hotel Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jinling Stock
Jinling Hotel financial ratios help investors to determine whether Jinling 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 Jinling with respect to the benefits of owning Jinling Hotel security.