CHINA CH (Germany) Market Value
| 68C Stock | EUR 0.73 0.02 2.67% |
| Symbol | CHINA |
CHINA CH '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 CHINA CH'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 CHINA CH.
| 11/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in CHINA CH on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding CHINA CH VENT or generate 0.0% return on investment in CHINA CH over 60 days. CHINA CH is related to or competes with Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, Intel, Volkswagen, and Reliance Steel. China Conch Venture Holdings Limited, an investment holding company, provides energy preservation and environmental prot... More
CHINA CH 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 CHINA CH'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 CHINA CH VENT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.0213 | |||
| Maximum Drawdown | 21.11 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 7.79 |
CHINA CH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA CH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA CH's standard deviation. In reality, there are many statistical measures that can use CHINA CH historical prices to predict the future CHINA CH's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0959 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.1847 |
CHINA CH VENT Backtested Returns
CHINA CH VENT secures Sharpe Ratio (or Efficiency) of -0.0422, which signifies that the company had a -0.0422 % return per unit of return volatility over the last 3 months. CHINA CH VENT exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHINA CH's Mean Deviation of 2.84, risk adjusted performance of 0.0333, and Semi Deviation of 3.39 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CHINA CH's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA CH is expected to be smaller as well. At this point, CHINA CH VENT has a negative expected return of -0.16%. Please make sure to confirm CHINA CH's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if CHINA CH VENT performance from the past will be repeated in the future.
Auto-correlation | 0.16 |
Very weak predictability
CHINA CH VENT has very weak predictability. Overlapping area represents the amount of predictability between CHINA CH time series from 24th of November 2024 to 24th of December 2024 and 24th of December 2024 to 23rd 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 CHINA CH VENT price movement. The serial correlation of 0.16 indicates that over 16.0% of current CHINA CH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHINA CH VENT lagged returns against current returns
Autocorrelation, which is CHINA CH 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 CHINA CH's stock expected returns. We can calculate the autocorrelation of CHINA CH returns to help us make a trade decision. For example, suppose you find that CHINA CH 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 |
CHINA CH 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 CHINA CH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA CH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA CH stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA CH Lagged Returns
When evaluating CHINA CH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA CH stock have on its future price. CHINA CH 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, CHINA CH autocorrelation shows the relationship between CHINA CH stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA CH VENT.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHINA Stock
CHINA CH financial ratios help investors to determine whether CHINA 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 CHINA with respect to the benefits of owning CHINA CH security.