Xiamen Bank (China) Market Value

601187 Stock   5.53  0.02  0.36%   
Xiamen Bank's market value is the price at which a share of Xiamen Bank trades on a public exchange. It measures the collective expectations of Xiamen Bank Co investors about its performance. Xiamen Bank is trading at 5.53 as of the 29th of November 2024, a 0.36 percent decrease since the beginning of the trading day. The stock's open price was 5.55.
With this module, you can estimate the performance of a buy and hold strategy of Xiamen Bank Co and determine expected loss or profit from investing in Xiamen Bank over a given investment horizon. Check out Xiamen Bank Correlation, Xiamen Bank Volatility and Xiamen Bank Alpha and Beta module to complement your research on Xiamen Bank.
Symbol

Please note, there is a significant difference between Xiamen Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xiamen Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xiamen Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
10/30/2024
No Change 0.00  0.0 
In 31 days
11/29/2024
0.00
If you would invest  0.00  in Xiamen Bank on October 30, 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 30 days. Xiamen Bank is related to or competes with Guangzhou KingTeller, Wuhan Yangtze, Dr Peng, Sinofibers Technology, Keeson Technology, Northking Information, and Guangdong Shenglu. 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.

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.
Hype
Prediction
LowEstimatedHigh
3.255.537.81
Details
Intrinsic
Valuation
LowRealHigh
2.204.486.76
Details
Naive
Forecast
LowNextHigh
3.125.417.69
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.240.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xiamen Bank. Your research has to be compared to or analyzed against Xiamen Bank's peers to derive any actionable benefits. When done correctly, Xiamen Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Xiamen Bank.

Xiamen Bank Backtested Returns

Xiamen Bank appears to be slightly risky, given 3 months investment horizon. Xiamen Bank shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% 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 utilize Xiamen Bank's Downside Deviation of 2.41, market risk adjusted performance of 5.36, and Mean Deviation of 1.59 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xiamen Bank holds a performance score of 9. The firm maintains a market beta of 0.0142, 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. Please check Xiamen Bank's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Xiamen Bank's historical returns will revert.

Auto-correlation

    
  0.18  

Very weak predictability

Xiamen Bank Co has very weak predictability. Overlapping area represents the amount of predictability between Xiamen Bank time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Xiamen Bank price movement. The serial correlation of 0.18 indicates that over 18.0% of current Xiamen Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.26
Residual Average0.0
Price Variance0.02

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.