Jiangsu Seagull (China) Market Value
| 603269 Stock | 9.59 0.17 1.80% |
| Symbol | Jiangsu |
Jiangsu Seagull '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 Seagull'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 Seagull.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Jiangsu Seagull on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Jiangsu Seagull Cooling or generate 0.0% return on investment in Jiangsu Seagull over 720 days. Jiangsu Seagull is related to or competes with Zhejiang Publishing, Jiahe Foods, Guilin Seamild, Youyou Foods, Shanghai Action, and Xinhua Winshare. Jiangsu Seagull is entity of China. It is traded as Stock on SHG exchange. More
Jiangsu Seagull 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 Seagull'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 Seagull Cooling upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.0899 | |||
| Maximum Drawdown | 16.65 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 5.98 |
Jiangsu Seagull Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Seagull's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Seagull's standard deviation. In reality, there are many statistical measures that can use Jiangsu Seagull historical prices to predict the future Jiangsu Seagull's volatility.| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.4499 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.099 | |||
| Treynor Ratio | (1.41) |
Jiangsu Seagull Cooling Backtested Returns
Jiangsu Seagull appears to be slightly risky, given 3 months investment horizon. Jiangsu Seagull Cooling holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Seagull Cooling, which you can use to evaluate the volatility of the firm. Please utilize Jiangsu Seagull's Market Risk Adjusted Performance of (1.40), downside deviation of 3.05, and Risk Adjusted Performance of 0.1047 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jiangsu Seagull holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiangsu Seagull are expected to decrease at a much lower rate. During the bear market, Jiangsu Seagull is likely to outperform the market. Please check Jiangsu Seagull's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Jiangsu Seagull's current trending patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Jiangsu Seagull Cooling has very good reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Seagull time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Jiangsu Seagull Cooling price movement. The serial correlation of -0.7 indicates that around 70.0% of current Jiangsu Seagull price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 5.84 |
Jiangsu Seagull Cooling lagged returns against current returns
Autocorrelation, which is Jiangsu Seagull 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 Seagull's stock expected returns. We can calculate the autocorrelation of Jiangsu Seagull returns to help us make a trade decision. For example, suppose you find that Jiangsu Seagull 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 Seagull 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 Seagull stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Seagull stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Seagull stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Seagull Lagged Returns
When evaluating Jiangsu Seagull's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Seagull stock have on its future price. Jiangsu Seagull 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 Seagull autocorrelation shows the relationship between Jiangsu Seagull stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Seagull Cooling.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Seagull 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 Seagull security.