Jiangsu Phoenix (China) Market Value

601928 Stock   10.65  0.09  0.85%   
Jiangsu Phoenix's market value is the price at which a share of Jiangsu Phoenix trades on a public exchange. It measures the collective expectations of Jiangsu Phoenix Publishing investors about its performance. Jiangsu Phoenix is trading at 10.65 as of the 14th of March 2025, a 0.85 percent increase since the beginning of the trading day. The stock's open price was 10.56.
With this module, you can estimate the performance of a buy and hold strategy of Jiangsu Phoenix Publishing and determine expected loss or profit from investing in Jiangsu Phoenix over a given investment horizon. Check out Jiangsu Phoenix Correlation, Jiangsu Phoenix Volatility and Jiangsu Phoenix Alpha and Beta module to complement your research on Jiangsu Phoenix.
Symbol

Please note, there is a significant difference between Jiangsu Phoenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiangsu Phoenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiangsu Phoenix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Jiangsu Phoenix '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 Phoenix'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 Phoenix.
0.00
12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
0.00
If you would invest  0.00  in Jiangsu Phoenix on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Phoenix Publishing or generate 0.0% return on investment in Jiangsu Phoenix over 90 days. Jiangsu Phoenix is related to or competes with Chengdu Xinzhu, Shaanxi Broadcast, Hunan TV, Dazhong Transportation, ZYF Lopsking, Nanjing Yunhai, and Hefei Metalforming. Jiangsu Phoenix is entity of China. It is traded as Stock on SHG exchange. More

Jiangsu Phoenix 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 Phoenix'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 Phoenix Publishing upside and downside potential and time the market with a certain degree of confidence.

Jiangsu Phoenix Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Phoenix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Phoenix's standard deviation. In reality, there are many statistical measures that can use Jiangsu Phoenix historical prices to predict the future Jiangsu Phoenix's volatility.
Hype
Prediction
LowEstimatedHigh
9.0210.6512.28
Details
Intrinsic
Valuation
LowRealHigh
8.9310.5612.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jiangsu Phoenix. Your research has to be compared to or analyzed against Jiangsu Phoenix's peers to derive any actionable benefits. When done correctly, Jiangsu Phoenix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jiangsu Phoenix Publ.

Jiangsu Phoenix Publ Backtested Returns

Jiangsu Phoenix Publ holds Efficiency (Sharpe) Ratio of -0.0425, which attests that the entity had a -0.0425 % return per unit of risk over the last 3 months. Jiangsu Phoenix Publ exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Phoenix's Risk Adjusted Performance of 0.0146, market risk adjusted performance of (0.10), and Downside Deviation of 1.45 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0855, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiangsu Phoenix are expected to decrease at a much lower rate. During the bear market, Jiangsu Phoenix is likely to outperform the market. At this point, Jiangsu Phoenix Publ has a negative expected return of -0.0692%. Please make sure to check out Jiangsu Phoenix's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Jiangsu Phoenix Publ performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.67  

Good predictability

Jiangsu Phoenix Publishing has good predictability. Overlapping area represents the amount of predictability between Jiangsu Phoenix time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Jiangsu Phoenix Publ price movement. The serial correlation of 0.67 indicates that around 67.0% of current Jiangsu Phoenix price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.46
Residual Average0.0
Price Variance0.12

Jiangsu Phoenix Publ lagged returns against current returns

Autocorrelation, which is Jiangsu Phoenix 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 Phoenix's stock expected returns. We can calculate the autocorrelation of Jiangsu Phoenix returns to help us make a trade decision. For example, suppose you find that Jiangsu Phoenix 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 Phoenix 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 Phoenix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Phoenix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Phoenix stock over time.
   Current vs Lagged Prices   
       Timeline  

Jiangsu Phoenix Lagged Returns

When evaluating Jiangsu Phoenix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Phoenix stock have on its future price. Jiangsu Phoenix 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 Phoenix autocorrelation shows the relationship between Jiangsu Phoenix stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Phoenix Publishing.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Jiangsu Stock

Jiangsu Phoenix 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 Phoenix security.