Shanghai Fudan (China) Market Value
| 688385 Stock | 41.94 1.44 3.56% |
| Symbol | Shanghai |
Shanghai Fudan '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 Fudan'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 Fudan.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Shanghai Fudan on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Shanghai Fudan Microelectronics or generate 0.0% return on investment in Shanghai Fudan over 30 days. Shanghai Fudan is related to or competes with Chengtun Mining, Uroica Mining, Guocheng Mining, Panda Financial, Ping An, Ningbo Tech, and Air China. Shanghai Fudan is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Fudan 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 Fudan'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 Fudan Microelectronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.1471 | |||
| Maximum Drawdown | 26.85 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 11.95 |
Shanghai Fudan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Fudan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Fudan's standard deviation. In reality, there are many statistical measures that can use Shanghai Fudan historical prices to predict the future Shanghai Fudan's volatility.| Risk Adjusted Performance | 0.1302 | |||
| Jensen Alpha | 0.8248 | |||
| Total Risk Alpha | 0.6691 | |||
| Sortino Ratio | 0.2739 | |||
| Treynor Ratio | 3.13 |
Shanghai Fudan Micro Backtested Returns
Shanghai Fudan is not too volatile given 3 months investment horizon. Shanghai Fudan Micro owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Shanghai Fudan Micro Risk Adjusted Performance of 0.1302, coefficient of variation of 652.82, and Semi Deviation of 2.55 to evaluate company specific risk that cannot be diversified away. Shanghai Fudan holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Fudan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Fudan is expected to be smaller as well. Use Shanghai Fudan Micro mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Shanghai Fudan Micro.
Auto-correlation | -0.49 |
Modest reverse predictability
Shanghai Fudan Microelectronics has modest reverse predictability. Overlapping area represents the amount of predictability between Shanghai Fudan time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th of December 2024. 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 Fudan Micro price movement. The serial correlation of -0.49 indicates that about 49.0% of current Shanghai Fudan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Shanghai Fudan Micro lagged returns against current returns
Autocorrelation, which is Shanghai Fudan 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 Fudan's stock expected returns. We can calculate the autocorrelation of Shanghai Fudan returns to help us make a trade decision. For example, suppose you find that Shanghai Fudan 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 Fudan 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 Fudan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Fudan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Fudan stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Fudan Lagged Returns
When evaluating Shanghai Fudan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Fudan stock have on its future price. Shanghai Fudan 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 Fudan autocorrelation shows the relationship between Shanghai Fudan stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Fudan Microelectronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Fudan 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 Fudan security.