Sichuan Teway (China) Market Value
| 603317 Stock | 12.66 0.12 0.96% |
| Symbol | Sichuan |
Sichuan Teway '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 Sichuan Teway'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 Sichuan Teway.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Sichuan Teway on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Sichuan Teway Food or generate 0.0% return on investment in Sichuan Teway over 30 days. Sichuan Teway is related to or competes with Kweichow Moutai, Wuliangye Yibin, Shenzhen Mindray, G Bits, Jiangsu Pacific, Jiangsu Yanghe, and Luzhou Lao. Sichuan Teway is entity of China. It is traded as Stock on SHG exchange. More
Sichuan Teway 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 Sichuan Teway'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 Sichuan Teway Food upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.54 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 2.59 |
Sichuan Teway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Teway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Teway's standard deviation. In reality, there are many statistical measures that can use Sichuan Teway historical prices to predict the future Sichuan Teway's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.93) |
Sichuan Teway Food Backtested Returns
Sichuan Teway Food owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0672, which indicates the firm had a -0.0672 % return per unit of risk over the last 3 months. Sichuan Teway Food exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sichuan Teway's Variance of 4.29, coefficient of variation of (1,647), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sichuan Teway's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sichuan Teway is expected to be smaller as well. At this point, Sichuan Teway Food has a negative expected return of -0.13%. Please make sure to validate Sichuan Teway's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sichuan Teway Food performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Sichuan Teway Food has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sichuan Teway time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Sichuan Teway Food price movement. The serial correlation of -0.72 indicates that around 72.0% of current Sichuan Teway price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sichuan Teway Food lagged returns against current returns
Autocorrelation, which is Sichuan Teway 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 Sichuan Teway's stock expected returns. We can calculate the autocorrelation of Sichuan Teway returns to help us make a trade decision. For example, suppose you find that Sichuan Teway 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 |
Sichuan Teway 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 Sichuan Teway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Teway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Teway stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Teway Lagged Returns
When evaluating Sichuan Teway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Teway stock have on its future price. Sichuan Teway 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, Sichuan Teway autocorrelation shows the relationship between Sichuan Teway stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Teway Food.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Sichuan Teway financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Teway security.