Xiamen Bank (China) Market Value
| 601187 Stock | 5.77 0.08 1.41% |
| Symbol | Xiamen |
Xiamen Bank '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 Xiamen Bank'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 Xiamen Bank.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Xiamen Bank on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Xiamen Bank Co or generate 0.0% return on investment in Xiamen Bank over 90 days. Xiamen Bank is related to or competes with Heilongjiang Transport, Jiahe Foods, Youyou Foods Co, China Sports, Fujian Longzhou, Shuhua Sports, and Qingdao Foods. Xiamen Bank is entity of China. It is traded as Stock on SHG exchange. More
Xiamen Bank 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 Xiamen Bank'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 Xiamen Bank Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.1129 | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.0 |
Xiamen Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xiamen Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xiamen Bank's standard deviation. In reality, there are many statistical measures that can use Xiamen Bank historical prices to predict the future Xiamen Bank's volatility.| Risk Adjusted Performance | 0.0311 | |||
| Jensen Alpha | 0.055 | |||
| Total Risk Alpha | 0.1837 | |||
| Sortino Ratio | 0.1024 | |||
| Treynor Ratio | 0.1283 |
Xiamen Bank Backtested Returns
At this point, Xiamen Bank is not too volatile. Xiamen Bank 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. We have found twenty-eight technical indicators for Xiamen Bank, which you can use to evaluate the volatility of the company. Please check out Xiamen Bank's Mean Deviation of 0.9499, downside deviation of 1.36, and Market Risk Adjusted Performance of 0.1383 to validate if the risk estimate we provide is consistent with the expected return of 0.0101%. The firm maintains a market beta of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xiamen Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xiamen Bank is expected to be smaller as well. Xiamen Bank right now maintains a risk of 1.2%. Please check out Xiamen Bank downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Xiamen Bank will be following its historical returns.
Auto-correlation | 0.25 |
Poor predictability
Xiamen Bank Co has poor predictability. Overlapping area represents the amount of predictability between Xiamen Bank time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Xiamen Bank price movement. The serial correlation of 0.25 indicates that over 25.0% of current Xiamen Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Xiamen Bank lagged returns against current returns
Autocorrelation, which is Xiamen Bank 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 Xiamen Bank's stock expected returns. We can calculate the autocorrelation of Xiamen Bank returns to help us make a trade decision. For example, suppose you find that Xiamen Bank 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 |
Xiamen Bank 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 Xiamen Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xiamen Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xiamen Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Xiamen Bank Lagged Returns
When evaluating Xiamen Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xiamen Bank stock have on its future price. Xiamen Bank 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, Xiamen Bank autocorrelation shows the relationship between Xiamen Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Xiamen Bank Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Xiamen Bank financial ratios help investors to determine whether Xiamen 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 Xiamen with respect to the benefits of owning Xiamen Bank security.