Jiangsu Jiangnan (China) Market Value
| 601199 Stock | 5.25 0.14 2.60% |
| Symbol | Jiangsu |
Jiangsu Jiangnan '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 Jiangsu Jiangnan'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 Jiangsu Jiangnan.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Jiangsu Jiangnan on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Jiangnan Water or generate 0.0% return on investment in Jiangsu Jiangnan over 60 days. Jiangsu Jiangnan is related to or competes with Shenyang Chemical, Easyhome New, Qingdao Haier, Allmed Medical, Xinxiang Chemical, CareRay Digital, and Guangzhou Boji. Jiangsu Jiangnan is entity of China. It is traded as Stock on SHG exchange. More
Jiangsu Jiangnan 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 Jiangsu Jiangnan'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 Jiangsu Jiangnan Water upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.47 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.0 |
Jiangsu Jiangnan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Jiangnan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Jiangnan's standard deviation. In reality, there are many statistical measures that can use Jiangsu Jiangnan historical prices to predict the future Jiangsu Jiangnan's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (2.75) |
Jiangsu Jiangnan Water Backtested Returns
Jiangsu Jiangnan Water holds Efficiency (Sharpe) Ratio of -0.0995, which attests that the entity had a -0.0995% return per unit of risk over the last 3 months. Jiangsu Jiangnan Water exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Jiangnan's Standard Deviation of 2.21, market risk adjusted performance of (2.74), and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0124, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jiangsu Jiangnan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangsu Jiangnan is expected to be smaller as well. At this point, Jiangsu Jiangnan Water has a negative expected return of -0.2%. Please make sure to check out Jiangsu Jiangnan's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Jiangsu Jiangnan Water performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Jiangsu Jiangnan Water has no correlation between past and present. Overlapping area represents the amount of predictability between Jiangsu Jiangnan time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Jiangsu Jiangnan Water price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jiangsu Jiangnan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Jiangsu Jiangnan Water lagged returns against current returns
Autocorrelation, which is Jiangsu Jiangnan 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 Jiangsu Jiangnan's stock expected returns. We can calculate the autocorrelation of Jiangsu Jiangnan returns to help us make a trade decision. For example, suppose you find that Jiangsu Jiangnan 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 |
Jiangsu Jiangnan 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 Jiangsu Jiangnan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Jiangnan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Jiangnan stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Jiangnan Lagged Returns
When evaluating Jiangsu Jiangnan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Jiangnan stock have on its future price. Jiangsu Jiangnan 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, Jiangsu Jiangnan autocorrelation shows the relationship between Jiangsu Jiangnan stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Jiangnan Water.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Jiangnan financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Jiangnan security.