Nanjing OLO (China) Market Value
| 603326 Stock | 7.39 0.54 7.88% |
| Symbol | Nanjing |
Nanjing OLO '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 Nanjing OLO'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 Nanjing OLO.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Nanjing OLO on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Nanjing OLO Home or generate 0.0% return on investment in Nanjing OLO over 30 days. Nanjing OLO is related to or competes with Nuode Investment, Kunwu Jiuding, Zhongrun Resources, TongFu Microelectronics, LianChuang Electronic, Aurora Optoelectronics, and Sunwoda Electronic. Nanjing OLO is entity of China. It is traded as Stock on SHG exchange. More
Nanjing OLO 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 Nanjing OLO'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 Nanjing OLO Home upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | 0.108 | |||
| Maximum Drawdown | 20.11 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 4.86 |
Nanjing OLO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanjing OLO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nanjing OLO's standard deviation. In reality, there are many statistical measures that can use Nanjing OLO historical prices to predict the future Nanjing OLO's volatility.| Risk Adjusted Performance | 0.0879 | |||
| Jensen Alpha | 0.32 | |||
| Total Risk Alpha | 0.3482 | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | (1.30) |
Nanjing OLO Home Backtested Returns
At this point, Nanjing OLO is slightly risky. Nanjing OLO Home has Sharpe Ratio of 0.0521, which conveys that the firm had a 0.0521 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nanjing OLO, which you can use to evaluate the volatility of the firm. Please verify Nanjing OLO's Mean Deviation of 2.08, downside deviation of 3.21, and Risk Adjusted Performance of 0.0879 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Nanjing OLO has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nanjing OLO are expected to decrease at a much lower rate. During the bear market, Nanjing OLO is likely to outperform the market. Nanjing OLO Home right now secures a risk of 3.16%. Please verify Nanjing OLO Home downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Nanjing OLO Home will be following its current price movements.
Auto-correlation | -0.04 |
Very weak reverse predictability
Nanjing OLO Home has very weak reverse predictability. Overlapping area represents the amount of predictability between Nanjing OLO 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 Nanjing OLO Home price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Nanjing OLO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Nanjing OLO Home lagged returns against current returns
Autocorrelation, which is Nanjing OLO 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 Nanjing OLO's stock expected returns. We can calculate the autocorrelation of Nanjing OLO returns to help us make a trade decision. For example, suppose you find that Nanjing OLO 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 |
Nanjing OLO 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 Nanjing OLO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nanjing OLO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nanjing OLO stock over time.
Current vs Lagged Prices |
| Timeline |
Nanjing OLO Lagged Returns
When evaluating Nanjing OLO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nanjing OLO stock have on its future price. Nanjing OLO 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, Nanjing OLO autocorrelation shows the relationship between Nanjing OLO stock current value and its past values and can show if there is a momentum factor associated with investing in Nanjing OLO Home.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nanjing Stock
Nanjing OLO financial ratios help investors to determine whether Nanjing 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 Nanjing with respect to the benefits of owning Nanjing OLO security.