Xiamen Amoytop (China) Market Value
| 688278 Stock | 78.15 1.40 1.82% |
| Symbol | Xiamen |
Xiamen Amoytop '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 Xiamen Amoytop'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 Xiamen Amoytop.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Xiamen Amoytop on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Xiamen Amoytop Biotech or generate 0.0% return on investment in Xiamen Amoytop over 90 days. Xiamen Amoytop is related to or competes with Lutian Machinery, Haima Automobile, Ningbo Construction, Hunan Tyen, Zhejiang Yinlun, Songz Automobile, and Anhui Jianghuai. More
Xiamen Amoytop 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 Xiamen Amoytop'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 Xiamen Amoytop Biotech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.1899 | |||
| Maximum Drawdown | 8.83 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.44 |
Xiamen Amoytop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xiamen Amoytop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xiamen Amoytop's standard deviation. In reality, there are many statistical measures that can use Xiamen Amoytop historical prices to predict the future Xiamen Amoytop's volatility.| Risk Adjusted Performance | 0.1108 | |||
| Jensen Alpha | 0.2586 | |||
| Total Risk Alpha | 0.5048 | |||
| Sortino Ratio | 0.2056 | |||
| Treynor Ratio | 0.8107 |
Xiamen Amoytop Biotech Backtested Returns
Xiamen Amoytop appears to be very steady, given 3 months investment horizon. Xiamen Amoytop Biotech shows Sharpe Ratio of 0.13, which attests that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xiamen Amoytop Biotech, which you can use to evaluate the volatility of the company. Please utilize Xiamen Amoytop's Downside Deviation of 1.7, mean deviation of 1.44, and Market Risk Adjusted Performance of 0.8207 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xiamen Amoytop holds a performance score of 9. The firm maintains a market beta of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Xiamen Amoytop's returns are expected to increase less than the market. However, during the bear market, the loss of holding Xiamen Amoytop is expected to be smaller as well. Please check Xiamen Amoytop's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Xiamen Amoytop's historical returns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Xiamen Amoytop Biotech has poor reverse predictability. Overlapping area represents the amount of predictability between Xiamen Amoytop 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 Xiamen Amoytop Biotech price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Xiamen Amoytop price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 4.87 |
Xiamen Amoytop Biotech lagged returns against current returns
Autocorrelation, which is Xiamen Amoytop 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 Xiamen Amoytop's stock expected returns. We can calculate the autocorrelation of Xiamen Amoytop returns to help us make a trade decision. For example, suppose you find that Xiamen Amoytop 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 |
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Xiamen Amoytop 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 Xiamen Amoytop stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xiamen Amoytop stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xiamen Amoytop stock over time.
Current vs Lagged Prices |
| Timeline |
Xiamen Amoytop Lagged Returns
When evaluating Xiamen Amoytop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xiamen Amoytop stock have on its future price. Xiamen Amoytop 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, Xiamen Amoytop autocorrelation shows the relationship between Xiamen Amoytop stock current value and its past values and can show if there is a momentum factor associated with investing in Xiamen Amoytop Biotech.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Xiamen Amoytop financial ratios help investors to determine whether Xiamen 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 Xiamen with respect to the benefits of owning Xiamen Amoytop security.