Sichuan Tianwei (China) Market Value
| 688511 Stock | 14.24 0.41 2.80% |
| Symbol | Sichuan |
Sichuan Tianwei '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 Sichuan Tianwei'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 Sichuan Tianwei.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Sichuan Tianwei on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Sichuan Tianwei Electronic or generate 0.0% return on investment in Sichuan Tianwei over 90 days. Sichuan Tianwei is related to or competes with Hangzhou Guotai, Liuzhou Iron, Elite Color, Fujian Wanchen, Aofu Environmental, Yili Chuanning, and Shenzhen Bioeasy. More
Sichuan Tianwei 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 Sichuan Tianwei'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 Sichuan Tianwei Electronic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.32 | |||
| Value At Risk | (7.97) | |||
| Potential Upside | 5.04 |
Sichuan Tianwei Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Tianwei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Tianwei's standard deviation. In reality, there are many statistical measures that can use Sichuan Tianwei historical prices to predict the future Sichuan Tianwei's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | 0.1202 | |||
| Treynor Ratio | (1.15) |
Sichuan Tianwei Elec Backtested Returns
Sichuan Tianwei Elec owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Sichuan Tianwei Electronic exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sichuan Tianwei's Risk Adjusted Performance of (0.09), coefficient of variation of (848.42), and Variance of 14.24 to confirm the risk estimate we provide. The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sichuan Tianwei's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sichuan Tianwei is expected to be smaller as well. At this point, Sichuan Tianwei Elec has a negative expected return of -0.44%. Please make sure to validate Sichuan Tianwei's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Sichuan Tianwei Elec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Sichuan Tianwei Electronic has good reverse predictability. Overlapping area represents the amount of predictability between Sichuan Tianwei time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Sichuan Tianwei Elec price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Sichuan Tianwei price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Sichuan Tianwei Elec lagged returns against current returns
Autocorrelation, which is Sichuan Tianwei 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 Sichuan Tianwei's stock expected returns. We can calculate the autocorrelation of Sichuan Tianwei returns to help us make a trade decision. For example, suppose you find that Sichuan Tianwei 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 |
Sichuan Tianwei 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 Sichuan Tianwei stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Tianwei stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Tianwei stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Tianwei Lagged Returns
When evaluating Sichuan Tianwei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Tianwei stock have on its future price. Sichuan Tianwei 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, Sichuan Tianwei autocorrelation shows the relationship between Sichuan Tianwei stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Tianwei Electronic.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Sichuan Tianwei financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Tianwei security.