Jiangsu Rongtai (China) Market Value
| 605133 Stock | 31.61 2.79 8.11% |
| Symbol | Jiangsu |
Jiangsu Rongtai '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 Rongtai'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 Rongtai.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Jiangsu Rongtai on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Rongtai Industry or generate 0.0% return on investment in Jiangsu Rongtai over 90 days. Jiangsu Rongtai is related to or competes with Spring Airlines, Dhc Software, ISoftStone Information, Shanghai Metersbonwe, Bangyan Technology, C*Core Technology, and China Eastern. More
Jiangsu Rongtai 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 Rongtai'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 Rongtai Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.1881 | |||
| Maximum Drawdown | 17.4 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 10.0 |
Jiangsu Rongtai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Rongtai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Rongtai's standard deviation. In reality, there are many statistical measures that can use Jiangsu Rongtai historical prices to predict the future Jiangsu Rongtai's volatility.| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.5537 | |||
| Total Risk Alpha | 1.27 | |||
| Sortino Ratio | 0.2396 | |||
| Treynor Ratio | (0.88) |
Jiangsu Rongtai Industry Backtested Returns
Jiangsu Rongtai appears to be not too volatile, given 3 months investment horizon. Jiangsu Rongtai Industry holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. By evaluating Jiangsu Rongtai's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Jiangsu Rongtai's Downside Deviation of 3.23, market risk adjusted performance of (0.87), and Risk Adjusted Performance of 0.1408 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jiangsu Rongtai holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jiangsu Rongtai are expected to decrease at a much lower rate. During the bear market, Jiangsu Rongtai is likely to outperform the market. Please check Jiangsu Rongtai's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Jiangsu Rongtai's current trending patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Jiangsu Rongtai Industry has average predictability. Overlapping area represents the amount of predictability between Jiangsu Rongtai time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Rongtai Industry price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Jiangsu Rongtai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 4.66 |
Jiangsu Rongtai Industry lagged returns against current returns
Autocorrelation, which is Jiangsu Rongtai 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 Rongtai's stock expected returns. We can calculate the autocorrelation of Jiangsu Rongtai returns to help us make a trade decision. For example, suppose you find that Jiangsu Rongtai 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 Rongtai 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 Rongtai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Rongtai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Rongtai stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Rongtai Lagged Returns
When evaluating Jiangsu Rongtai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Rongtai stock have on its future price. Jiangsu Rongtai 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 Rongtai autocorrelation shows the relationship between Jiangsu Rongtai stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Rongtai Industry.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Rongtai 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 Rongtai security.