Beijing Seeyon's market value is the price at which a share of Beijing Seeyon trades on a public exchange. It measures the collective expectations of Beijing Seeyon Internet investors about its performance. Beijing Seeyon is trading at 18.08 as of the 5th of January 2025, a 5.04% down since the beginning of the trading day. The stock's open price was 19.04. With this module, you can estimate the performance of a buy and hold strategy of Beijing Seeyon Internet and determine expected loss or profit from investing in Beijing Seeyon over a given investment horizon. Check out Beijing Seeyon Correlation, Beijing Seeyon Volatility and Beijing Seeyon Alpha and Beta module to complement your research on Beijing Seeyon.
Please note, there is a significant difference between Beijing Seeyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beijing Seeyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beijing Seeyon'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 Seeyon '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 Seeyon'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 Seeyon.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Beijing Seeyon'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 Seeyon Internet 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 Seeyon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Seeyon's standard deviation. In reality, there are many statistical measures that can use Beijing Seeyon historical prices to predict the future Beijing Seeyon's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beijing Seeyon. Your research has to be compared to or analyzed against Beijing Seeyon's peers to derive any actionable benefits. When done correctly, Beijing Seeyon'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 Seeyon Internet.
Beijing Seeyon Internet Backtested Returns
Beijing Seeyon Internet secures Sharpe Ratio (or Efficiency) of -0.0496, which signifies that the company had a -0.0496% return per unit of risk over the last 3 months. Beijing Seeyon Internet exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Seeyon's Downside Deviation of 4.32, mean deviation of 4.1, and Risk Adjusted Performance of 0.086 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beijing Seeyon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing Seeyon is expected to be smaller as well. At this point, Beijing Seeyon Internet has a negative expected return of -0.21%. Please make sure to confirm Beijing Seeyon's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Beijing Seeyon Internet performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.51
Good reverse predictability
Beijing Seeyon Internet has good reverse predictability. Overlapping area represents the amount of predictability between Beijing Seeyon time series from 9th of July 2024 to 7th of October 2024 and 7th of October 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 Seeyon Internet price movement. The serial correlation of -0.51 indicates that about 51.0% of current Beijing Seeyon price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.51
Spearman Rank Test
-0.47
Residual Average
0.0
Price Variance
3.0
Beijing Seeyon Internet lagged returns against current returns
Autocorrelation, which is Beijing Seeyon 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 Seeyon's stock expected returns. We can calculate the autocorrelation of Beijing Seeyon returns to help us make a trade decision. For example, suppose you find that Beijing Seeyon 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 Seeyon 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 Seeyon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Seeyon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Seeyon stock over time.
Current vs Lagged Prices
Timeline
Beijing Seeyon Lagged Returns
When evaluating Beijing Seeyon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Seeyon stock have on its future price. Beijing Seeyon 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 Seeyon autocorrelation shows the relationship between Beijing Seeyon stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Seeyon Internet.
Beijing Seeyon 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 Seeyon security.