Jiangsu Cai (China) Market Value
| 688182 Stock | 16.74 0.84 4.78% |
| Symbol | Jiangsu |
Jiangsu Cai '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 Jiangsu Cai'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 Jiangsu Cai.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Jiangsu Cai on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangsu Cai Qin or generate 0.0% return on investment in Jiangsu Cai over 60 days. Jiangsu Cai is related to or competes with Jinhui Mining, Shenzhen Noposion, JCHX Mining, Yingde Greatchem, Chenzhou Jingui, Porton Fine, and Fujian Oriental. Jiangsu Cai is entity of China. It is traded as Stock on SHG exchange. More
Jiangsu Cai 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 Jiangsu Cai'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 Jiangsu Cai Qin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.01 | |||
| Information Ratio | 0.1088 | |||
| Maximum Drawdown | 34.13 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 10.12 |
Jiangsu Cai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Cai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Cai's standard deviation. In reality, there are many statistical measures that can use Jiangsu Cai historical prices to predict the future Jiangsu Cai's volatility.| Risk Adjusted Performance | 0.1001 | |||
| Jensen Alpha | 0.6105 | |||
| Total Risk Alpha | 0.5241 | |||
| Sortino Ratio | 0.1482 | |||
| Treynor Ratio | (2.26) |
Jiangsu Cai Qin Backtested Returns
Jiangsu Cai Qin holds Efficiency (Sharpe) Ratio of -0.0059, which attests that the entity had a -0.0059% return per unit of risk over the last 3 months. Jiangsu Cai Qin exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Cai's Market Risk Adjusted Performance of (2.25), risk adjusted performance of 0.1001, and Downside Deviation of 4.01 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiangsu Cai are expected to decrease at a much lower rate. During the bear market, Jiangsu Cai is likely to outperform the market. At this point, Jiangsu Cai Qin has a negative expected return of -0.0264%. Please make sure to check out Jiangsu Cai's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Jiangsu Cai Qin performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Jiangsu Cai Qin has below average predictability. Overlapping area represents the amount of predictability between Jiangsu Cai time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Jiangsu Cai Qin price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Jiangsu Cai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Jiangsu Cai Qin lagged returns against current returns
Autocorrelation, which is Jiangsu Cai 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 Jiangsu Cai's stock expected returns. We can calculate the autocorrelation of Jiangsu Cai returns to help us make a trade decision. For example, suppose you find that Jiangsu Cai 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 |
Jiangsu Cai 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 Jiangsu Cai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Cai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Cai stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Cai Lagged Returns
When evaluating Jiangsu Cai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Cai stock have on its future price. Jiangsu Cai 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, Jiangsu Cai autocorrelation shows the relationship between Jiangsu Cai stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Cai Qin.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Cai financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Cai security.