Youyou Foods Co (China) Market Value
| 603697 Stock | 9.13 0.21 2.35% |
| Symbol | Youyou |
Youyou Foods Co '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 Youyou Foods Co'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 Youyou Foods Co.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Youyou Foods Co on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Youyou Foods Co or generate 0.0% return on investment in Youyou Foods Co over 720 days. Youyou Foods Co is related to or competes with RoadMain T, Highbroad Advanced, Xinjiang Beixin, Anhui Transport, Zhengping RoadBridge, Silkroad Visual, and Chengdu Xingrong. Youyou FoodsCo is entity of China. It is traded as Stock on SHG exchange. More
Youyou Foods Co 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 Youyou Foods Co'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 Youyou Foods Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.07 | |||
| Value At Risk | (5.05) | |||
| Potential Upside | 3.54 |
Youyou Foods Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Youyou Foods Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Youyou Foods Co's standard deviation. In reality, there are many statistical measures that can use Youyou Foods Co historical prices to predict the future Youyou Foods Co's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.58) |
Youyou Foods Co Backtested Returns
Youyou Foods Co shows Sharpe Ratio of -0.1, which attests that the company had a -0.1 % return per unit of risk over the last 3 months. Youyou Foods Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Youyou Foods Co's Market Risk Adjusted Performance of (0.57), mean deviation of 2.21, and Standard Deviation of 2.79 to validate the risk estimate we provide. The firm maintains a market beta of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Youyou Foods Co's returns are expected to increase less than the market. However, during the bear market, the loss of holding Youyou Foods Co is expected to be smaller as well. At this point, Youyou Foods Co has a negative expected return of -0.26%. Please make sure to check out Youyou Foods Co's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Youyou Foods Co performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Youyou Foods Co has poor reverse predictability. Overlapping area represents the amount of predictability between Youyou Foods Co time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Youyou Foods Co price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Youyou Foods Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 3.34 |
Youyou Foods Co lagged returns against current returns
Autocorrelation, which is Youyou Foods Co 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 Youyou Foods Co's stock expected returns. We can calculate the autocorrelation of Youyou Foods Co returns to help us make a trade decision. For example, suppose you find that Youyou Foods Co 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 |
Youyou Foods Co 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 Youyou Foods Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Youyou Foods Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Youyou Foods Co stock over time.
Current vs Lagged Prices |
| Timeline |
Youyou Foods Co Lagged Returns
When evaluating Youyou Foods Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Youyou Foods Co stock have on its future price. Youyou Foods Co 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, Youyou Foods Co autocorrelation shows the relationship between Youyou Foods Co stock current value and its past values and can show if there is a momentum factor associated with investing in Youyou Foods Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Youyou Stock
Youyou Foods Co financial ratios help investors to determine whether Youyou 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 Youyou with respect to the benefits of owning Youyou Foods Co security.