Beijing YanDong's market value is the price at which a share of Beijing YanDong trades on a public exchange. It measures the collective expectations of Beijing YanDong MicroElectronic investors about its performance. Beijing YanDong is trading at 18.95 as of the 5th of January 2025, a 2.02% down since the beginning of the trading day. The stock's open price was 19.34. With this module, you can estimate the performance of a buy and hold strategy of Beijing YanDong MicroElectronic and determine expected loss or profit from investing in Beijing YanDong over a given investment horizon. Check out Beijing YanDong Correlation, Beijing YanDong Volatility and Beijing YanDong Alpha and Beta module to complement your research on Beijing YanDong.
Please note, there is a significant difference between Beijing YanDong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beijing YanDong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beijing YanDong'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 YanDong '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 YanDong'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 YanDong.
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12/06/2024
No Change 0.00
0.0
In 31 days
01/05/2025
0.00
If you would invest 0.00 in Beijing YanDong on December 6, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing YanDong MicroElectronic or generate 0.0% return on investment in Beijing YanDong over 30 days. Beijing YanDong is related to or competes with PetroChina, Gansu Jiu, Aba Chemicals, Yes Optoelectronics, Queclink Wireless, Shanghai Yaoji, and Jinhe Biotechnology. Beijing YanDong is entity of China. It is traded as Stock on SHG exchange. More
Beijing YanDong 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 YanDong'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 YanDong MicroElectronic 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 YanDong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing YanDong's standard deviation. In reality, there are many statistical measures that can use Beijing YanDong historical prices to predict the future Beijing YanDong's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beijing YanDong. Your research has to be compared to or analyzed against Beijing YanDong's peers to derive any actionable benefits. When done correctly, Beijing YanDong'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 YanDong Micr.
Beijing YanDong Micr Backtested Returns
Beijing YanDong Micr secures Sharpe Ratio (or Efficiency) of -0.0029, which signifies that the company had a -0.0029% return per unit of risk over the last 3 months. Beijing YanDong MicroElectronic exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing YanDong's Downside Deviation of 3.96, risk adjusted performance of 0.1021, and Mean Deviation of 4.13 to double-check the risk estimate we provide. 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, Beijing YanDong's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing YanDong is expected to be smaller as well. At this point, Beijing YanDong Micr has a negative expected return of -0.0142%. Please make sure to confirm Beijing YanDong's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Beijing YanDong Micr performance from the past will be repeated at some point in the near future.
Auto-correlation
0.94
Excellent predictability
Beijing YanDong MicroElectronic has excellent predictability. Overlapping area represents the amount of predictability between Beijing YanDong time series from 6th of December 2024 to 21st of December 2024 and 21st of December 2024 to 5th 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 YanDong Micr price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Beijing YanDong price fluctuation can be explain by its past prices.
Correlation Coefficient
0.94
Spearman Rank Test
0.92
Residual Average
0.0
Price Variance
1.03
Beijing YanDong Micr lagged returns against current returns
Autocorrelation, which is Beijing YanDong 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 YanDong's stock expected returns. We can calculate the autocorrelation of Beijing YanDong returns to help us make a trade decision. For example, suppose you find that Beijing YanDong 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 YanDong 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 YanDong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing YanDong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing YanDong stock over time.
Current vs Lagged Prices
Timeline
Beijing YanDong Lagged Returns
When evaluating Beijing YanDong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing YanDong stock have on its future price. Beijing YanDong 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 YanDong autocorrelation shows the relationship between Beijing YanDong stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing YanDong MicroElectronic.
Beijing YanDong 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 YanDong security.