Science Environmental (China) Market Value
| 688480 Stock | 25.51 0.91 3.44% |
| Symbol | Science |
Science Environmental '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 Science Environmental'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 Science Environmental.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Science Environmental on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Science Environmental Protection or generate 0.0% return on investment in Science Environmental over 60 days. Science Environmental is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and Ping An. Science Environmental is entity of China More
Science Environmental 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 Science Environmental'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 Science Environmental Protection upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.69 | |||
| Information Ratio | 0.0206 | |||
| Maximum Drawdown | 28.86 | |||
| Value At Risk | (5.62) | |||
| Potential Upside | 6.27 |
Science Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Science Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Science Environmental's standard deviation. In reality, there are many statistical measures that can use Science Environmental historical prices to predict the future Science Environmental's volatility.| Risk Adjusted Performance | 0.0292 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | 0.034 | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 36.63 |
Science Environmental Backtested Returns
Science Environmental owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Science Environmental Protection exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Science Environmental's Risk Adjusted Performance of 0.0292, coefficient of variation of 3826.64, and Semi Deviation of 3.51 to confirm the risk estimate we provide. The entity has a beta of 0.0026, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Science Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Science Environmental is expected to be smaller as well. At this point, Science Environmental has a negative expected return of -0.36%. Please make sure to validate Science Environmental's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Science Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Science Environmental Protection has good predictability. Overlapping area represents the amount of predictability between Science Environmental time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Science Environmental price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Science Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1.69 |
Science Environmental lagged returns against current returns
Autocorrelation, which is Science Environmental 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 Science Environmental's stock expected returns. We can calculate the autocorrelation of Science Environmental returns to help us make a trade decision. For example, suppose you find that Science Environmental 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 |
Science Environmental 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 Science Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Science Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Science Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Science Environmental Lagged Returns
When evaluating Science Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Science Environmental stock have on its future price. Science Environmental 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, Science Environmental autocorrelation shows the relationship between Science Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Science Environmental Protection.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Science Stock
Science Environmental financial ratios help investors to determine whether Science 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 Science with respect to the benefits of owning Science Environmental security.