Suzhou Mingzhi (China) Market Value

688355 Stock   19.24  0.41  2.18%   
Suzhou Mingzhi's market value is the price at which a share of Suzhou Mingzhi trades on a public exchange. It measures the collective expectations of Suzhou Mingzhi Technology investors about its performance. Suzhou Mingzhi is trading at 19.24 as of the 17th of March 2025, a 2.18% up since the beginning of the trading day. The stock's open price was 18.83.
With this module, you can estimate the performance of a buy and hold strategy of Suzhou Mingzhi Technology and determine expected loss or profit from investing in Suzhou Mingzhi over a given investment horizon. Check out Suzhou Mingzhi Correlation, Suzhou Mingzhi Volatility and Suzhou Mingzhi Alpha and Beta module to complement your research on Suzhou Mingzhi.
Symbol

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

Suzhou Mingzhi '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 Suzhou Mingzhi'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 Suzhou Mingzhi.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Suzhou Mingzhi on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Suzhou Mingzhi Technology or generate 0.0% return on investment in Suzhou Mingzhi over 90 days. Suzhou Mingzhi is related to or competes with Gifore Agricultural, Tonghua Grape, Shandong Mining, Shenzhen, Shandong Longquan, Thinkingdom Media, and Hengdian Entertainment. Suzhou Mingzhi is entity of China. It is traded as Stock on SHG exchange. More

Suzhou Mingzhi 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 Suzhou Mingzhi'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 Suzhou Mingzhi Technology upside and downside potential and time the market with a certain degree of confidence.

Suzhou Mingzhi Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzhou Mingzhi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzhou Mingzhi's standard deviation. In reality, there are many statistical measures that can use Suzhou Mingzhi historical prices to predict the future Suzhou Mingzhi's volatility.
Hype
Prediction
LowEstimatedHigh
17.2619.2921.32
Details
Intrinsic
Valuation
LowRealHigh
16.5618.5920.62
Details
Naive
Forecast
LowNextHigh
17.3519.3721.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.7019.3319.96
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Suzhou Mingzhi. Your research has to be compared to or analyzed against Suzhou Mingzhi's peers to derive any actionable benefits. When done correctly, Suzhou Mingzhi'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 Suzhou Mingzhi Technology.

Suzhou Mingzhi Technology Backtested Returns

At this point, Suzhou Mingzhi is very steady. Suzhou Mingzhi Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.069, which indicates the firm had a 0.069 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Suzhou Mingzhi Technology, which you can use to evaluate the volatility of the company. Please validate Suzhou Mingzhi's Coefficient Of Variation of 3839.93, semi deviation of 2.01, and Risk Adjusted Performance of 0.0284 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Suzhou Mingzhi has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Suzhou Mingzhi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Suzhou Mingzhi is expected to be smaller as well. Suzhou Mingzhi Technology right now has a risk of 2.03%. Please validate Suzhou Mingzhi sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Suzhou Mingzhi will be following its existing price patterns.

Auto-correlation

    
  -0.36  

Poor reverse predictability

Suzhou Mingzhi Technology has poor reverse predictability. Overlapping area represents the amount of predictability between Suzhou Mingzhi 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 Suzhou Mingzhi Technology price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Suzhou Mingzhi price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test-0.03
Residual Average0.0
Price Variance0.24

Suzhou Mingzhi Technology lagged returns against current returns

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

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

Suzhou Mingzhi Lagged Returns

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

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Other Information on Investing in Suzhou Stock

Suzhou Mingzhi financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Mingzhi security.