Beijing-Shanghai (China) Market Value
| 601816 Stock | 5.59 0.07 1.24% |
| Symbol | Beijing-Shanghai |
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.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Beijing-Shanghai on December 18, 2024 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 90 days. Beijing-Shanghai is related to or competes with Kunwu Jiuding, Zhongrun Resources, Huawen Media, Postal Savings, and Zhejiang Construction. 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.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.71 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.6 |
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 | (0.10) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (7.98) |
Beijing Shanghai High Backtested Returns
Beijing Shanghai High secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of risk over the last 3 months. Beijing Shanghai High Speed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing-Shanghai's Risk Adjusted Performance of (0.10), standard deviation of 1.1, and Mean Deviation of 0.8659 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0178, 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. At this point, Beijing Shanghai High has a negative expected return of -0.17%. Please make sure to confirm Beijing-Shanghai's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Beijing Shanghai High performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Beijing Shanghai High Speed has average predictability. Overlapping area represents the amount of predictability between Beijing-Shanghai time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Beijing Shanghai High price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Beijing-Shanghai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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-Shanghai Stock
Beijing-Shanghai financial ratios help investors to determine whether Beijing-Shanghai 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-Shanghai with respect to the benefits of owning Beijing-Shanghai security.