Beijing Baolande's market value is the price at which a share of Beijing Baolande trades on a public exchange. It measures the collective expectations of Beijing Baolande Software investors about its performance. Beijing Baolande is trading at 27.50 as of the 2nd of January 2025, a 4.18% down since the beginning of the trading day. The stock's open price was 28.7. With this module, you can estimate the performance of a buy and hold strategy of Beijing Baolande Software and determine expected loss or profit from investing in Beijing Baolande over a given investment horizon. Check out Beijing Baolande Correlation, Beijing Baolande Volatility and Beijing Baolande Alpha and Beta module to complement your research on Beijing Baolande.
Please note, there is a significant difference between Beijing Baolande's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beijing Baolande is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beijing Baolande'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.
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.
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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beijing Baolande. Your research has to be compared to or analyzed against Beijing Baolande's peers to derive any actionable benefits. When done correctly, Beijing Baolande's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beijing Baolande Software.
Beijing Baolande Software Backtested Returns
At this point, Beijing Baolande is not too volatile. Beijing Baolande Software secures Sharpe Ratio (or Efficiency) of 0.0139, which signifies that the company had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Beijing Baolande Software, which you can use to evaluate the volatility of the firm. Please confirm Beijing Baolande's Downside Deviation of 5.41, mean deviation of 4.28, and Risk Adjusted Performance of 0.1209 to double-check if the risk estimate we provide is consistent with the expected return of 0.0677%. Beijing Baolande has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, 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. Beijing Baolande Software right now shows a risk of 4.85%. Please confirm Beijing Baolande Software mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Beijing Baolande Software will be following its price patterns.
Auto-correlation
0.15
Insignificant predictability
Beijing Baolande Software has insignificant predictability. Overlapping area represents the amount of predictability between Beijing Baolande time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 0.15 indicates that less than 15.0% of current Beijing Baolande price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.26
Residual Average
0.0
Price Variance
64.2
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.
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.