Leaguer Shenzhen (China) Market Value
| 688589 Stock | 29.29 0.28 0.95% |
| Symbol | Leaguer |
Leaguer Shenzhen '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 Leaguer Shenzhen'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 Leaguer Shenzhen.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in Leaguer Shenzhen on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Leaguer Shenzhen MicroElectronics or generate 0.0% return on investment in Leaguer Shenzhen over 90 days. Leaguer Shenzhen is related to or competes with Peoples Insurance, Beingmate Baby, Jilin Chemical, Bsm Chemical, Hubei Yihua, Lier Chemical, and Ping An. Leaguer Shenzhen is entity of China. It is traded as Stock on SHG exchange. More
Leaguer Shenzhen 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 Leaguer Shenzhen'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 Leaguer Shenzhen MicroElectronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0555 | |||
| Maximum Drawdown | 11.83 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 4.17 |
Leaguer Shenzhen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leaguer Shenzhen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leaguer Shenzhen's standard deviation. In reality, there are many statistical measures that can use Leaguer Shenzhen historical prices to predict the future Leaguer Shenzhen's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | 0.0565 | |||
| Total Risk Alpha | 0.3288 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.4178 |
Leaguer Shenzhen Mic Backtested Returns
At this point, Leaguer Shenzhen is very steady. Leaguer Shenzhen Mic has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Leaguer Shenzhen, which you can use to evaluate the volatility of the firm. Please verify Leaguer Shenzhen's Risk Adjusted Performance of 0.0257, downside deviation of 2.66, and Mean Deviation of 1.98 to check out if the risk estimate we provide is consistent with the expected return of 0.0204%. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Leaguer Shenzhen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leaguer Shenzhen is expected to be smaller as well. Leaguer Shenzhen Mic right now secures a risk of 2.59%. Please verify Leaguer Shenzhen MicroElectronics mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Leaguer Shenzhen MicroElectronics will be following its current price movements.
Auto-correlation | -0.61 |
Very good reverse predictability
Leaguer Shenzhen MicroElectronics has very good reverse predictability. Overlapping area represents the amount of predictability between Leaguer Shenzhen time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 Leaguer Shenzhen Mic price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Leaguer Shenzhen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
Leaguer Shenzhen Mic lagged returns against current returns
Autocorrelation, which is Leaguer Shenzhen 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 Leaguer Shenzhen's stock expected returns. We can calculate the autocorrelation of Leaguer Shenzhen returns to help us make a trade decision. For example, suppose you find that Leaguer Shenzhen 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 |
Leaguer Shenzhen 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 Leaguer Shenzhen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leaguer Shenzhen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leaguer Shenzhen stock over time.
Current vs Lagged Prices |
| Timeline |
Leaguer Shenzhen Lagged Returns
When evaluating Leaguer Shenzhen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leaguer Shenzhen stock have on its future price. Leaguer Shenzhen 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, Leaguer Shenzhen autocorrelation shows the relationship between Leaguer Shenzhen stock current value and its past values and can show if there is a momentum factor associated with investing in Leaguer Shenzhen MicroElectronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Leaguer Stock
Leaguer Shenzhen financial ratios help investors to determine whether Leaguer 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 Leaguer with respect to the benefits of owning Leaguer Shenzhen security.