Yantai North (China) Market Value
| 605198 Stock | 32.28 0.07 0.22% |
| Symbol | Yantai |
Yantai North '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 Yantai North'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 Yantai North.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Yantai North on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Yantai North Andre or generate 0.0% return on investment in Yantai North over 60 days. Yantai North is related to or competes with Jiangsu Financial, Bank of Suzhou, Nancal Energy-Saving, Postal Savings, Wintao Communications, Hua Xia, and Runjian Communication. More
Yantai North 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 Yantai North'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 Yantai North Andre upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.71 | |||
| Information Ratio | 0.064 | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 3.62 |
Yantai North Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yantai North's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yantai North's standard deviation. In reality, there are many statistical measures that can use Yantai North historical prices to predict the future Yantai North's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | 0.1461 | |||
| Total Risk Alpha | 0.2073 | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 0.2107 |
Yantai North Andre Backtested Returns
At this point, Yantai North is very steady. Yantai North Andre shows Sharpe Ratio of 0.0581, which attests that the company had a 0.0581 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Yantai North Andre, which you can use to evaluate the volatility of the company. Please check out Yantai North's Mean Deviation of 1.78, downside deviation of 2.71, and Market Risk Adjusted Performance of 0.2207 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Yantai North has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.63, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yantai North's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yantai North is expected to be smaller as well. Yantai North Andre right now maintains a risk of 2.4%. Please check out Yantai North Andre standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Yantai North Andre will be following its historical returns.
Auto-correlation | 0.61 |
Good predictability
Yantai North Andre has good predictability. Overlapping area represents the amount of predictability between Yantai North time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Yantai North Andre price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Yantai North price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Yantai North Andre lagged returns against current returns
Autocorrelation, which is Yantai North 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 Yantai North's stock expected returns. We can calculate the autocorrelation of Yantai North returns to help us make a trade decision. For example, suppose you find that Yantai North 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 |
Yantai North 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 Yantai North stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yantai North stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yantai North stock over time.
Current vs Lagged Prices |
| Timeline |
Yantai North Lagged Returns
When evaluating Yantai North's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yantai North stock have on its future price. Yantai North 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, Yantai North autocorrelation shows the relationship between Yantai North stock current value and its past values and can show if there is a momentum factor associated with investing in Yantai North Andre.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yantai Stock
Yantai North financial ratios help investors to determine whether Yantai 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 Yantai with respect to the benefits of owning Yantai North security.