Xiangpiaopiao Food (China) Market Value

603711 Stock   14.40  0.08  0.56%   
Xiangpiaopiao Food's market value is the price at which a share of Xiangpiaopiao Food trades on a public exchange. It measures the collective expectations of Xiangpiaopiao Food Co investors about its performance. Xiangpiaopiao Food is trading at 14.40 as of the 10th of March 2025, a 0.56 percent increase since the beginning of the trading day. The stock's open price was 14.32.
With this module, you can estimate the performance of a buy and hold strategy of Xiangpiaopiao Food Co and determine expected loss or profit from investing in Xiangpiaopiao Food over a given investment horizon. Check out Xiangpiaopiao Food Correlation, Xiangpiaopiao Food Volatility and Xiangpiaopiao Food Alpha and Beta module to complement your research on Xiangpiaopiao Food.
Symbol

Please note, there is a significant difference between Xiangpiaopiao Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xiangpiaopiao Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xiangpiaopiao Food'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.

Xiangpiaopiao Food '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 Xiangpiaopiao Food'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 Xiangpiaopiao Food.
0.00
09/11/2024
No Change 0.00  0.0 
In 5 months and 30 days
03/10/2025
0.00
If you would invest  0.00  in Xiangpiaopiao Food on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Xiangpiaopiao Food Co or generate 0.0% return on investment in Xiangpiaopiao Food over 180 days. Xiangpiaopiao Food is related to or competes with Xiamen Bank, Guosheng Financial, Offcn Education, Jiangsu Phoenix, Unisplendour Corp, Changjiang Publishing, and Northern United. Xiangpiaopiao Food is entity of China. It is traded as Stock on SHG exchange. More

Xiangpiaopiao Food 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 Xiangpiaopiao Food'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 Xiangpiaopiao Food Co upside and downside potential and time the market with a certain degree of confidence.

Xiangpiaopiao Food Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Xiangpiaopiao Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xiangpiaopiao Food's standard deviation. In reality, there are many statistical measures that can use Xiangpiaopiao Food historical prices to predict the future Xiangpiaopiao Food's volatility.
Hype
Prediction
LowEstimatedHigh
10.1214.2018.28
Details
Intrinsic
Valuation
LowRealHigh
9.0113.0917.17
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.100.100.10
Details

Xiangpiaopiao Food Backtested Returns

Xiangpiaopiao Food shows Sharpe Ratio of -0.0468, which attests that the company had a -0.0468 % return per unit of risk over the last 3 months. Xiangpiaopiao Food exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xiangpiaopiao Food's Market Risk Adjusted Performance of 0.2596, mean deviation of 3.1, and Downside Deviation of 4.06 to validate the risk estimate we provide. The firm maintains a market beta of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Xiangpiaopiao Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xiangpiaopiao Food is expected to be smaller as well. At this point, Xiangpiaopiao Food has a negative expected return of -0.19%. Please make sure to check out Xiangpiaopiao Food's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Xiangpiaopiao Food performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.54  

Good reverse predictability

Xiangpiaopiao Food Co has good reverse predictability. Overlapping area represents the amount of predictability between Xiangpiaopiao Food time series from 11th of September 2024 to 10th of December 2024 and 10th of December 2024 to 10th 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 Xiangpiaopiao Food price movement. The serial correlation of -0.54 indicates that about 54.0% of current Xiangpiaopiao Food price fluctuation can be explain by its past prices.
Correlation Coefficient-0.54
Spearman Rank Test-0.7
Residual Average0.0
Price Variance1.44

Xiangpiaopiao Food lagged returns against current returns

Autocorrelation, which is Xiangpiaopiao Food 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 Xiangpiaopiao Food's stock expected returns. We can calculate the autocorrelation of Xiangpiaopiao Food returns to help us make a trade decision. For example, suppose you find that Xiangpiaopiao Food 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  

Xiangpiaopiao Food 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 Xiangpiaopiao Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xiangpiaopiao Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xiangpiaopiao Food stock over time.
   Current vs Lagged Prices   
       Timeline  

Xiangpiaopiao Food Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Xiangpiaopiao Stock

Xiangpiaopiao Food financial ratios help investors to determine whether Xiangpiaopiao 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 Xiangpiaopiao with respect to the benefits of owning Xiangpiaopiao Food security.