China National (China) Market Value

688128 Stock   22.58  0.67  2.88%   
China National's market value is the price at which a share of China National trades on a public exchange. It measures the collective expectations of China National Electric investors about its performance. China National is trading at 22.58 as of the 13th of March 2025, a 2.88% down since the beginning of the trading day. The stock's open price was 23.25.
With this module, you can estimate the performance of a buy and hold strategy of China National Electric and determine expected loss or profit from investing in China National over a given investment horizon. Check out China National Correlation, China National Volatility and China National Alpha and Beta module to complement your research on China National.
Symbol

Please note, there is a significant difference between China National's value and its price as these two are different measures arrived at by different means. Investors typically determine if China National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China National'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.

China National '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 China National'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 China National.
0.00
12/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/13/2025
0.00
If you would invest  0.00  in China National on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding China National Electric or generate 0.0% return on investment in China National over 90 days. China National is related to or competes with Guotai Epoint, Offshore Oil, Hangzhou Pinming, Do-Fluoride Chemicals, Linewell Software, Jiangsu Hoperun, and Hubei Xingfa. China National is entity of China. It is traded as Stock on SHG exchange. More

China National 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 China National'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 China National Electric upside and downside potential and time the market with a certain degree of confidence.

China National Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China National's standard deviation. In reality, there are many statistical measures that can use China National historical prices to predict the future China National's volatility.
Hype
Prediction
LowEstimatedHigh
20.6222.5824.54
Details
Intrinsic
Valuation
LowRealHigh
18.3620.3224.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.260.260.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as China National. Your research has to be compared to or analyzed against China National's peers to derive any actionable benefits. When done correctly, China National'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 China National Electric.

China National Electric Backtested Returns

At this point, China National is very steady. China National Electric secures Sharpe Ratio (or Efficiency) of 0.0742, which signifies that the company had a 0.0742 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China National Electric, which you can use to evaluate the volatility of the firm. Please confirm China National's Risk Adjusted Performance of 0.0526, downside deviation of 1.71, and Mean Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. China National has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0633, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China National's returns are expected to increase less than the market. However, during the bear market, the loss of holding China National is expected to be smaller as well. China National Electric right now shows a risk of 1.96%. Please confirm China National Electric downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if China National Electric will be following its price patterns.

Auto-correlation

    
  -0.42  

Modest reverse predictability

China National Electric has modest reverse predictability. Overlapping area represents the amount of predictability between China National 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 China National Electric price movement. The serial correlation of -0.42 indicates that just about 42.0% of current China National price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.39

China National Electric lagged returns against current returns

Autocorrelation, which is China National 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 China National's stock expected returns. We can calculate the autocorrelation of China National returns to help us make a trade decision. For example, suppose you find that China National 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  

China National 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 China National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China National stock over time.
   Current vs Lagged Prices   
       Timeline  

China National Lagged Returns

When evaluating China National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China National stock have on its future price. China National 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, China National autocorrelation shows the relationship between China National stock current value and its past values and can show if there is a momentum factor associated with investing in China National Electric.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

China National financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China National security.