Beijing Roborock (China) Market Value
| 688169 Stock | 248.35 1.15 0.47% |
| Symbol | Beijing |
Beijing Roborock '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 Roborock'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 Roborock.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Beijing Roborock on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Roborock Technology or generate 0.0% return on investment in Beijing Roborock over 90 days. Beijing Roborock is related to or competes with Ningbo Tech, Emdoor Information, AVCON Information, Sublime China, Biwin Storage, Lecron Energy, and Northking Information. Beijing Roborock is entity of China. It is traded as Stock on SHG exchange. More
Beijing Roborock 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 Roborock'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 Roborock Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.1279 | |||
| Maximum Drawdown | 12.81 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 5.01 |
Beijing Roborock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Roborock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Roborock's standard deviation. In reality, there are many statistical measures that can use Beijing Roborock historical prices to predict the future Beijing Roborock's volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 0.1819 | |||
| Total Risk Alpha | 0.5283 | |||
| Sortino Ratio | 0.1529 | |||
| Treynor Ratio | (0.75) |
Beijing Roborock Tec Backtested Returns
Beijing Roborock appears to be very steady, given 3 months investment horizon. Beijing Roborock Tec secures Sharpe Ratio (or Efficiency) of 0.0803, which signifies that the company had a 0.0803 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Beijing Roborock Technology, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Roborock's Risk Adjusted Performance of 0.0836, downside deviation of 2.11, and Mean Deviation of 1.9 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Roborock holds a performance score of 6. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Roborock are expected to decrease at a much lower rate. During the bear market, Beijing Roborock is likely to outperform the market. Please check Beijing Roborock's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing Roborock's price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Beijing Roborock Technology has weak predictability. Overlapping area represents the amount of predictability between Beijing Roborock time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Beijing Roborock Tec price movement. The serial correlation of 0.22 indicates that over 22.0% of current Beijing Roborock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 104.93 |
Beijing Roborock Tec lagged returns against current returns
Autocorrelation, which is Beijing Roborock 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 Roborock's stock expected returns. We can calculate the autocorrelation of Beijing Roborock returns to help us make a trade decision. For example, suppose you find that Beijing Roborock 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 Roborock 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 Roborock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Roborock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Roborock stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Roborock Lagged Returns
When evaluating Beijing Roborock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Roborock stock have on its future price. Beijing Roborock 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 Roborock autocorrelation shows the relationship between Beijing Roborock stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Roborock Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Roborock 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 Roborock security.