Beijing Shanghai (China) Market Value
| 601816 Stock | 6.19 0.04 0.64% |
| Symbol | Beijing |
Beijing Shanghai '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 Beijing Shanghai'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 Beijing Shanghai.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Beijing Shanghai on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Beijing Shanghai High Speed or generate 0.0% return on investment in Beijing Shanghai over 720 days. Beijing Shanghai is related to or competes with Harbin Air, UE Furniture, Shandong Homey, Juneyao Airlines, Mengtian Home, Qumei Furniture, and DO Home. Beijing Shanghai is entity of China. It is traded as Stock on SHG exchange. More
Beijing Shanghai 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 Beijing Shanghai'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 Beijing Shanghai High Speed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0784 | |||
| Maximum Drawdown | 11.88 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.99 |
Beijing Shanghai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Shanghai's standard deviation. In reality, there are many statistical measures that can use Beijing Shanghai historical prices to predict the future Beijing Shanghai's volatility.| Risk Adjusted Performance | 0.0884 | |||
| Jensen Alpha | 0.2052 | |||
| Total Risk Alpha | 0.0554 | |||
| Sortino Ratio | 0.0816 | |||
| Treynor Ratio | 2.6 |
Beijing Shanghai High Backtested Returns
Beijing Shanghai appears to be somewhat reliable, given 3 months investment horizon. Beijing Shanghai High secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Beijing Shanghai High Speed, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Shanghai's Downside Deviation of 1.86, risk adjusted performance of 0.0884, and Mean Deviation of 1.43 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Shanghai holds a performance score of 10. The firm shows a Beta (market volatility) of 0.0806, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beijing Shanghai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing Shanghai is expected to be smaller as well. Please check Beijing Shanghai's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing Shanghai's price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Beijing Shanghai High Speed has virtually no predictability. Overlapping area represents the amount of predictability between Beijing Shanghai 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 Beijing Shanghai High price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Beijing Shanghai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Beijing Shanghai High lagged returns against current returns
Autocorrelation, which is Beijing Shanghai 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 Beijing Shanghai's stock expected returns. We can calculate the autocorrelation of Beijing Shanghai returns to help us make a trade decision. For example, suppose you find that Beijing Shanghai 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 |
Beijing Shanghai 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 Beijing Shanghai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Shanghai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Shanghai stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Shanghai Lagged Returns
When evaluating Beijing Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Shanghai stock have on its future price. Beijing Shanghai 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, Beijing Shanghai autocorrelation shows the relationship between Beijing Shanghai stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Shanghai High Speed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Shanghai financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Shanghai security.