Ye Chiu (China) Market Value
| 601388 Stock | 2.77 0.12 4.53% |
| Symbol | 601388 |
Ye Chiu '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 Ye Chiu'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 Ye Chiu.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Ye Chiu on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Ye Chiu Metal or generate 0.0% return on investment in Ye Chiu over 30 days. Ye Chiu is related to or competes with Wanhua Chemical, Baoshan Iron, Rongsheng Petrochemical, Shandong Gold, Jiangxi Ganfeng, Hoshine Silicon, and Zhejiang Juhua. Ye Chiu is entity of China. It is traded as Stock on SHG exchange. More
Ye Chiu 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 Ye Chiu'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 Ye Chiu Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.1298 | |||
| Maximum Drawdown | 19.26 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 4.53 |
Ye Chiu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ye Chiu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ye Chiu's standard deviation. In reality, there are many statistical measures that can use Ye Chiu historical prices to predict the future Ye Chiu's volatility.| Risk Adjusted Performance | 0.1368 | |||
| Jensen Alpha | 0.4828 | |||
| Total Risk Alpha | 0.0872 | |||
| Sortino Ratio | 0.1351 | |||
| Treynor Ratio | (4.50) |
Ye Chiu Metal Backtested Returns
Ye Chiu appears to be risky, given 3 months investment horizon. Ye Chiu Metal retains Efficiency (Sharpe Ratio) of 0.18, which attests that the company had a 0.18% return per unit of price deviation over the last 3 months. By reviewing Ye Chiu's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Ye Chiu's standard deviation of 2.84, and Market Risk Adjusted Performance of (4.49) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ye Chiu holds a performance score of 14. The firm owns a Beta (Systematic Risk) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ye Chiu are expected to decrease at a much lower rate. During the bear market, Ye Chiu is likely to outperform the market. Please check Ye Chiu's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Ye Chiu's current price history will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Ye Chiu Metal has good reverse predictability. Overlapping area represents the amount of predictability between Ye Chiu time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Ye Chiu Metal price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Ye Chiu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ye Chiu Metal lagged returns against current returns
Autocorrelation, which is Ye Chiu 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 Ye Chiu's stock expected returns. We can calculate the autocorrelation of Ye Chiu returns to help us make a trade decision. For example, suppose you find that Ye Chiu 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 |
Ye Chiu 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 Ye Chiu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ye Chiu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ye Chiu stock over time.
Current vs Lagged Prices |
| Timeline |
Ye Chiu Lagged Returns
When evaluating Ye Chiu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ye Chiu stock have on its future price. Ye Chiu 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, Ye Chiu autocorrelation shows the relationship between Ye Chiu stock current value and its past values and can show if there is a momentum factor associated with investing in Ye Chiu Metal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 601388 Stock
Ye Chiu financial ratios help investors to determine whether 601388 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 601388 with respect to the benefits of owning Ye Chiu security.