Nanjing Vishee (China) Market Value
| 688580 Stock | 37.82 2.40 6.78% |
| Symbol | Nanjing |
Nanjing Vishee '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 Nanjing Vishee'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 Nanjing Vishee.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Nanjing Vishee on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Nanjing Vishee Medical or generate 0.0% return on investment in Nanjing Vishee over 90 days. Nanjing Vishee is related to or competes with Eastroc Beverage, Ningbo David, Chison Medical, Shanghai Ziyan, Guangzhou Boji, and Chongqing Brewery. Nanjing Vishee is entity of China. It is traded as Stock on SHG exchange. More
Nanjing Vishee 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 Nanjing Vishee'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 Nanjing Vishee Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | 0.1665 | |||
| Maximum Drawdown | 13.53 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 5.49 |
Nanjing Vishee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanjing Vishee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nanjing Vishee's standard deviation. In reality, there are many statistical measures that can use Nanjing Vishee historical prices to predict the future Nanjing Vishee's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.3388 | |||
| Total Risk Alpha | 0.8046 | |||
| Sortino Ratio | 0.157 | |||
| Treynor Ratio | (0.61) |
Nanjing Vishee Medical Backtested Returns
Nanjing Vishee appears to be not too volatile, given 3 months investment horizon. Nanjing Vishee Medical has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Nanjing Vishee, which you can use to evaluate the volatility of the firm. Please exercise Nanjing Vishee's Downside Deviation of 3.32, risk adjusted performance of 0.1247, and Mean Deviation of 2.4 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nanjing Vishee holds a performance score of 9. The company secures a Beta (Market Risk) of -0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nanjing Vishee are expected to decrease at a much lower rate. During the bear market, Nanjing Vishee is likely to outperform the market. Please check Nanjing Vishee's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Nanjing Vishee's current price movements will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Nanjing Vishee Medical has excellent reverse predictability. Overlapping area represents the amount of predictability between Nanjing Vishee time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Nanjing Vishee Medical price movement. The serial correlation of -0.81 indicates that around 81.0% of current Nanjing Vishee price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 7.87 |
Nanjing Vishee Medical lagged returns against current returns
Autocorrelation, which is Nanjing Vishee 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 Nanjing Vishee's stock expected returns. We can calculate the autocorrelation of Nanjing Vishee returns to help us make a trade decision. For example, suppose you find that Nanjing Vishee 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 |
Nanjing Vishee 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 Nanjing Vishee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nanjing Vishee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nanjing Vishee stock over time.
Current vs Lagged Prices |
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Nanjing Vishee Lagged Returns
When evaluating Nanjing Vishee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nanjing Vishee stock have on its future price. Nanjing Vishee 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, Nanjing Vishee autocorrelation shows the relationship between Nanjing Vishee stock current value and its past values and can show if there is a momentum factor associated with investing in Nanjing Vishee Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Nanjing Stock
Nanjing Vishee financial ratios help investors to determine whether Nanjing 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 Nanjing with respect to the benefits of owning Nanjing Vishee security.