Beijing Baolande (China) Market Value
| 688058 Stock | 24.69 1.80 6.80% |
| Symbol | Beijing |
Beijing Baolande '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 Beijing Baolande'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 Beijing Baolande.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Beijing Baolande on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Baolande Software or generate 0.0% return on investment in Beijing Baolande over 60 days. Beijing Baolande is related to or competes with Metallurgical, Gansu Jiu, Shenyang Huitian, Central Plains, Tongxing Environmental, City Development, and Anyang Iron. More
Beijing Baolande 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 Beijing Baolande'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 Beijing Baolande Software upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 21.65 | |||
| Value At Risk | (8.85) | |||
| Potential Upside | 7.51 |
Beijing Baolande Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Baolande's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Baolande's standard deviation. In reality, there are many statistical measures that can use Beijing Baolande historical prices to predict the future Beijing Baolande's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.56) |
Beijing Baolande Software Backtested Returns
Beijing Baolande Software secures Sharpe Ratio (or Efficiency) of -0.0203, which signifies that the company had a -0.0203% return per unit of risk over the last 3 months. Beijing Baolande Software exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Baolande's Risk Adjusted Performance of (0.01), mean deviation of 3.98, and Standard Deviation of 4.91 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beijing Baolande's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing Baolande is expected to be smaller as well. At this point, Beijing Baolande Software has a negative expected return of -0.0995%. Please make sure to confirm Beijing Baolande's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Beijing Baolande Software performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Beijing Baolande Software has good predictability. Overlapping area represents the amount of predictability between Beijing Baolande time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Beijing Baolande Software price movement. The serial correlation of 0.68 indicates that around 68.0% of current Beijing Baolande price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 5.8 |
Beijing Baolande Software lagged returns against current returns
Autocorrelation, which is Beijing Baolande 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 Beijing Baolande's stock expected returns. We can calculate the autocorrelation of Beijing Baolande returns to help us make a trade decision. For example, suppose you find that Beijing Baolande 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 |
Beijing Baolande 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 Beijing Baolande stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Baolande stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Baolande stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Baolande Lagged Returns
When evaluating Beijing Baolande's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Baolande stock have on its future price. Beijing Baolande 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, Beijing Baolande autocorrelation shows the relationship between Beijing Baolande stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Baolande Software.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Baolande financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Baolande security.