Sinocelltech (China) Market Value

688520 Stock   34.07  0.86  2.46%   
Sinocelltech's market value is the price at which a share of Sinocelltech trades on a public exchange. It measures the collective expectations of Sinocelltech Group investors about its performance. Sinocelltech is trading at 34.07 as of the 16th of January 2025, a 2.46 percent decrease since the beginning of the trading day. The stock's open price was 34.93.
With this module, you can estimate the performance of a buy and hold strategy of Sinocelltech Group and determine expected loss or profit from investing in Sinocelltech over a given investment horizon. Check out Sinocelltech Correlation, Sinocelltech Volatility and Sinocelltech Alpha and Beta module to complement your research on Sinocelltech.
Symbol

Please note, there is a significant difference between Sinocelltech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinocelltech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinocelltech'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.

Sinocelltech '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 Sinocelltech'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 Sinocelltech.
0.00
10/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
01/16/2025
0.00
If you would invest  0.00  in Sinocelltech on October 18, 2024 and sell it all today you would earn a total of 0.00 from holding Sinocelltech Group or generate 0.0% return on investment in Sinocelltech over 90 days. Sinocelltech is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. Sinocelltech is entity of China. It is traded as Stock on SHG exchange. More

Sinocelltech 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 Sinocelltech'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 Sinocelltech Group upside and downside potential and time the market with a certain degree of confidence.

Sinocelltech Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinocelltech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinocelltech's standard deviation. In reality, there are many statistical measures that can use Sinocelltech historical prices to predict the future Sinocelltech's volatility.
Hype
Prediction
LowEstimatedHigh
31.7534.0136.27
Details
Intrinsic
Valuation
LowRealHigh
25.3427.6037.48
Details
Naive
Forecast
LowNextHigh
30.9833.2435.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.22-0.13-0.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sinocelltech. Your research has to be compared to or analyzed against Sinocelltech's peers to derive any actionable benefits. When done correctly, Sinocelltech'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 Sinocelltech Group.

Sinocelltech Group Backtested Returns

Sinocelltech Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0674, which indicates the firm had a -0.0674% return per unit of risk over the last 3 months. Sinocelltech Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinocelltech's Coefficient Of Variation of (2,042), risk adjusted performance of (0.03), and Variance of 5.41 to confirm the risk estimate we provide. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sinocelltech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinocelltech is expected to be smaller as well. At this point, Sinocelltech Group has a negative expected return of -0.15%. Please make sure to validate Sinocelltech's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sinocelltech Group performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.12  

Insignificant predictability

Sinocelltech Group has insignificant predictability. Overlapping area represents the amount of predictability between Sinocelltech time series from 18th of October 2024 to 2nd of December 2024 and 2nd of December 2024 to 16th 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 Sinocelltech Group price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Sinocelltech price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.2
Residual Average0.0
Price Variance3.09
Sinocelltech ReturnsSinocelltech Lagged ReturnsDiversified AwaySinocelltech ReturnsSinocelltech Lagged ReturnsDiversified Away100%

Sinocelltech Group lagged returns against current returns

Autocorrelation, which is Sinocelltech 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 Sinocelltech's stock expected returns. We can calculate the autocorrelation of Sinocelltech returns to help us make a trade decision. For example, suppose you find that Sinocelltech 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   
JavaScript chart by amCharts 3.21.15DecDec 07Dec 12Dec 17Dec 22Dec 27JanJan 06Jan 11-15%-10%-5%0%5%10% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Sinocelltech 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 Sinocelltech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinocelltech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinocelltech stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15DecDec 07Dec 12Dec 17Dec 22Dec 27JanJan 06Jan 113536373839
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Sinocelltech Lagged Returns

When evaluating Sinocelltech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinocelltech stock have on its future price. Sinocelltech 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, Sinocelltech autocorrelation shows the relationship between Sinocelltech stock current value and its past values and can show if there is a momentum factor associated with investing in Sinocelltech Group.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15NovDec34353637383940414243
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Sinocelltech Stock

Sinocelltech financial ratios help investors to determine whether Sinocelltech 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 Sinocelltech with respect to the benefits of owning Sinocelltech security.
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