Zhuzhou CRRC (China) Market Value

688187 Stock   45.66  0.06  0.13%   
Zhuzhou CRRC's market value is the price at which a share of Zhuzhou CRRC trades on a public exchange. It measures the collective expectations of Zhuzhou CRRC Times investors about its performance. Zhuzhou CRRC is trading at 45.66 as of the 10th of March 2025, a 0.13 percent increase since the beginning of the trading day. The stock's open price was 45.6.
With this module, you can estimate the performance of a buy and hold strategy of Zhuzhou CRRC Times and determine expected loss or profit from investing in Zhuzhou CRRC over a given investment horizon. Check out Zhuzhou CRRC Correlation, Zhuzhou CRRC Volatility and Zhuzhou CRRC Alpha and Beta module to complement your research on Zhuzhou CRRC.
Symbol

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

Zhuzhou CRRC '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 Zhuzhou CRRC'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 Zhuzhou CRRC.
0.00
02/08/2025
No Change 0.00  0.0 
In 31 days
03/10/2025
0.00
If you would invest  0.00  in Zhuzhou CRRC on February 8, 2025 and sell it all today you would earn a total of 0.00 from holding Zhuzhou CRRC Times or generate 0.0% return on investment in Zhuzhou CRRC over 30 days. Zhuzhou CRRC is related to or competes with Jilin Jlu, Nuode Investment, Shenzhen Centralcon, Hunan Investment, Cultural Investment, Sinomach Automobile, and Zhongrun Resources. Zhuzhou CRRC is entity of China. It is traded as Stock on SHG exchange. More

Zhuzhou CRRC 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 Zhuzhou CRRC'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 Zhuzhou CRRC Times upside and downside potential and time the market with a certain degree of confidence.

Zhuzhou CRRC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhuzhou CRRC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhuzhou CRRC's standard deviation. In reality, there are many statistical measures that can use Zhuzhou CRRC historical prices to predict the future Zhuzhou CRRC's volatility.
Hype
Prediction
LowEstimatedHigh
43.8245.6047.38
Details
Intrinsic
Valuation
LowRealHigh
43.7845.5647.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhuzhou CRRC. Your research has to be compared to or analyzed against Zhuzhou CRRC's peers to derive any actionable benefits. When done correctly, Zhuzhou CRRC'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 Zhuzhou CRRC Times.

Zhuzhou CRRC Times Backtested Returns

Zhuzhou CRRC Times shows Sharpe Ratio of -0.0355, which attests that the company had a -0.0355 % return per unit of risk over the last 3 months. Zhuzhou CRRC Times exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhuzhou CRRC's Mean Deviation of 1.36, market risk adjusted performance of (0.27), and Standard Deviation of 1.75 to validate the risk estimate we provide. The firm maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zhuzhou CRRC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zhuzhou CRRC is expected to be smaller as well. At this point, Zhuzhou CRRC Times has a negative expected return of -0.0634%. Please make sure to check out Zhuzhou CRRC's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Zhuzhou CRRC Times performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.63  

Very good reverse predictability

Zhuzhou CRRC Times has very good reverse predictability. Overlapping area represents the amount of predictability between Zhuzhou CRRC time series from 8th of February 2025 to 23rd of February 2025 and 23rd of February 2025 to 10th 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 Zhuzhou CRRC Times price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Zhuzhou CRRC price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.1
Residual Average0.0
Price Variance0.98

Zhuzhou CRRC Times lagged returns against current returns

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

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

Zhuzhou CRRC Lagged Returns

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

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Other Information on Investing in Zhuzhou Stock

Zhuzhou CRRC financial ratios help investors to determine whether Zhuzhou 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 Zhuzhou with respect to the benefits of owning Zhuzhou CRRC security.