Soochow Securities (China) Market Value
| 601555 Stock | 8.09 0.02 0.25% |
| Symbol | Soochow |
Soochow Securities '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 Soochow Securities' 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 Soochow Securities.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Soochow Securities on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Soochow Securities Co or generate 0.0% return on investment in Soochow Securities over 720 days. Soochow Securities is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. Soochow Securities is entity of China. It is traded as Stock on SHG exchange. More
Soochow Securities 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 Soochow Securities' 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 Soochow Securities Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.1293 | |||
| Maximum Drawdown | 19.89 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 5.64 |
Soochow Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soochow Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soochow Securities' standard deviation. In reality, there are many statistical measures that can use Soochow Securities historical prices to predict the future Soochow Securities' volatility.| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.4692 | |||
| Total Risk Alpha | 0.2126 | |||
| Sortino Ratio | 0.1501 | |||
| Treynor Ratio | (3.26) |
Soochow Securities Backtested Returns
Soochow Securities appears to be slightly risky, given 3 months investment horizon. Soochow Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Soochow Securities' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review Soochow Securities' Coefficient Of Variation of 662.4, risk adjusted performance of 0.1171, and Semi Deviation of 2.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Soochow Securities holds a performance score of 12. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Soochow Securities are expected to decrease at a much lower rate. During the bear market, Soochow Securities is likely to outperform the market. Please check Soochow Securities' information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Soochow Securities' existing price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Soochow Securities Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Soochow Securities time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 Soochow Securities price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Soochow Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Soochow Securities lagged returns against current returns
Autocorrelation, which is Soochow Securities 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 Soochow Securities' stock expected returns. We can calculate the autocorrelation of Soochow Securities returns to help us make a trade decision. For example, suppose you find that Soochow Securities 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 |
Soochow Securities 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 Soochow Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soochow Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soochow Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Soochow Securities Lagged Returns
When evaluating Soochow Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soochow Securities stock have on its future price. Soochow Securities 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, Soochow Securities autocorrelation shows the relationship between Soochow Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Soochow Securities Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Soochow Stock
Soochow Securities financial ratios help investors to determine whether Soochow 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 Soochow with respect to the benefits of owning Soochow Securities security.