Jiangsu Xinri (China) Market Value
| 603787 Stock | 11.32 0.07 0.61% |
| Symbol | Jiangsu |
Jiangsu Xinri '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 Xinri'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 Xinri.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Jiangsu Xinri on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Xinri E Vehicle or generate 0.0% return on investment in Jiangsu Xinri over 90 days. Jiangsu Xinri is related to or competes with Guangzhou Restaurants, Anhui Transport, Dazhong Transportation, Baoshan Iron, China Sports, Sinosteel Engineering, and Hangzhou Guotai. More
Jiangsu Xinri 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 Xinri'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 Xinri E Vehicle upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0592 | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.27 |
Jiangsu Xinri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Xinri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Xinri's standard deviation. In reality, there are many statistical measures that can use Jiangsu Xinri historical prices to predict the future Jiangsu Xinri's volatility.| Risk Adjusted Performance | 0.0134 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | 0.2552 | |||
| Sortino Ratio | 0.0484 | |||
| Treynor Ratio | 0.0728 |
Jiangsu Xinri E Backtested Returns
At this point, Jiangsu Xinri is not too volatile. Jiangsu Xinri E holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Xinri E, which you can use to evaluate the volatility of the firm. Please check out Jiangsu Xinri's Risk Adjusted Performance of 0.0134, downside deviation of 2.41, and Market Risk Adjusted Performance of 0.0828 to validate if the risk estimate we provide is consistent with the expected return of 0.0178%. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jiangsu Xinri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangsu Xinri is expected to be smaller as well. Jiangsu Xinri E right now retains a risk of 1.98%. Please check out Jiangsu Xinri mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Jiangsu Xinri will be following its current trending patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
Jiangsu Xinri E Vehicle has poor reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Xinri time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Jiangsu Xinri E price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Jiangsu Xinri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Jiangsu Xinri E lagged returns against current returns
Autocorrelation, which is Jiangsu Xinri 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 Xinri's stock expected returns. We can calculate the autocorrelation of Jiangsu Xinri returns to help us make a trade decision. For example, suppose you find that Jiangsu Xinri 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 Xinri 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 Xinri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Xinri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Xinri stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Xinri Lagged Returns
When evaluating Jiangsu Xinri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Xinri stock have on its future price. Jiangsu Xinri 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 Xinri autocorrelation shows the relationship between Jiangsu Xinri stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Xinri E Vehicle.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Xinri 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 Xinri security.