Shanghai V (China) Market Value
| 688372 Stock | 55.55 1.98 3.44% |
| Symbol | Shanghai |
Shanghai V '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 Shanghai V'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 Shanghai V.
| 10/11/2023 |
| 01/03/2025 |
If you would invest 0.00 in Shanghai V on October 11, 2023 and sell it all today you would earn a total of 0.00 from holding Shanghai V Test Semiconductor or generate 0.0% return on investment in Shanghai V over 450 days. Shanghai V is related to or competes with Gansu Jiu, Changzhou Almaden, Aba Chemicals, Queclink Wireless, Hunan Nanling, Jiangsu Seagull, and Inner Mongolia. Shanghai V is entity of China. It is traded as Stock on SHG exchange. More
Shanghai V 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 Shanghai V'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 Shanghai V Test Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.61 | |||
| Information Ratio | 0.1283 | |||
| Maximum Drawdown | 28.66 | |||
| Value At Risk | (6.30) | |||
| Potential Upside | 10.68 |
Shanghai V Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai V's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai V's standard deviation. In reality, there are many statistical measures that can use Shanghai V historical prices to predict the future Shanghai V's volatility.| Risk Adjusted Performance | 0.1135 | |||
| Jensen Alpha | 0.7048 | |||
| Total Risk Alpha | 0.6942 | |||
| Sortino Ratio | 0.1949 | |||
| Treynor Ratio | 3.21 |
Shanghai V Test Backtested Returns
Shanghai V Test owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0217, which indicates the firm had a -0.0217% return per unit of risk over the last 3 months. Shanghai V Test Semiconductor exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai V's Coefficient Of Variation of 766.97, risk adjusted performance of 0.1135, and Semi Deviation of 3.27 to confirm the risk estimate we provide. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai V's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai V is expected to be smaller as well. At this point, Shanghai V Test has a negative expected return of -0.0931%. Please make sure to validate Shanghai V's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shanghai V Test performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Shanghai V Test Semiconductor has good reverse predictability. Overlapping area represents the amount of predictability between Shanghai V time series from 11th of October 2023 to 23rd of May 2024 and 23rd of May 2024 to 3rd 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 Shanghai V Test price movement. The serial correlation of -0.55 indicates that about 55.0% of current Shanghai V price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 136.34 |
Shanghai V Test lagged returns against current returns
Autocorrelation, which is Shanghai V 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 Shanghai V's stock expected returns. We can calculate the autocorrelation of Shanghai V returns to help us make a trade decision. For example, suppose you find that Shanghai V 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 |
Shanghai V 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 Shanghai V stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai V stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai V stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai V Lagged Returns
When evaluating Shanghai V's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai V stock have on its future price. Shanghai V 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, Shanghai V autocorrelation shows the relationship between Shanghai V stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai V Test Semiconductor.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai V financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai V security.