Amlogic Shanghai (China) Market Value
| 688099 Stock | 75.51 4.61 6.50% |
| Symbol | Amlogic |
Amlogic Shanghai '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 Amlogic Shanghai'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 Amlogic Shanghai.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Amlogic Shanghai on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Amlogic Shanghai Co or generate 0.0% return on investment in Amlogic Shanghai over 720 days. Amlogic Shanghai is related to or competes with Beijing HuaYuanYiTong, Guangdong Jingyi, Beijing Mainstreets, Xinjiang Baodi, Zhejiang Construction, Shenyang Huitian, and Jointo Energy. Amlogic Shanghai is entity of China. It is traded as Stock on SHG exchange. More
Amlogic Shanghai 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 Amlogic Shanghai'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 Amlogic Shanghai Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.22 | |||
| Information Ratio | 0.1314 | |||
| Maximum Drawdown | 30.49 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 8.78 |
Amlogic Shanghai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amlogic Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amlogic Shanghai's standard deviation. In reality, there are many statistical measures that can use Amlogic Shanghai historical prices to predict the future Amlogic Shanghai's volatility.| Risk Adjusted Performance | 0.1174 | |||
| Jensen Alpha | 0.6935 | |||
| Total Risk Alpha | 0.5658 | |||
| Sortino Ratio | 0.2076 | |||
| Treynor Ratio | (2.54) |
Amlogic Shanghai Backtested Returns
Amlogic Shanghai appears to be very steady, given 3 months investment horizon. Amlogic Shanghai secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Amlogic Shanghai's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please makes use of Amlogic Shanghai's Risk Adjusted Performance of 0.1174, downside deviation of 3.22, and Mean Deviation of 3.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amlogic Shanghai holds a performance score of 12. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amlogic Shanghai are expected to decrease at a much lower rate. During the bear market, Amlogic Shanghai is likely to outperform the market. Please check Amlogic Shanghai's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Amlogic Shanghai's price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Amlogic Shanghai Co has modest reverse predictability. Overlapping area represents the amount of predictability between Amlogic Shanghai time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amlogic Shanghai price movement. The serial correlation of -0.5 indicates that about 50.0% of current Amlogic Shanghai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 66.66 |
Amlogic Shanghai lagged returns against current returns
Autocorrelation, which is Amlogic Shanghai 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 Amlogic Shanghai's stock expected returns. We can calculate the autocorrelation of Amlogic Shanghai returns to help us make a trade decision. For example, suppose you find that Amlogic Shanghai 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 |
Amlogic Shanghai 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 Amlogic Shanghai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amlogic Shanghai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amlogic Shanghai stock over time.
Current vs Lagged Prices |
| Timeline |
Amlogic Shanghai Lagged Returns
When evaluating Amlogic Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amlogic Shanghai stock have on its future price. Amlogic Shanghai 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, Amlogic Shanghai autocorrelation shows the relationship between Amlogic Shanghai stock current value and its past values and can show if there is a momentum factor associated with investing in Amlogic Shanghai Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Amlogic Stock
Amlogic Shanghai financial ratios help investors to determine whether Amlogic 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 Amlogic with respect to the benefits of owning Amlogic Shanghai security.