China Sanjiang (Germany) Market Value
| 8C9 Stock | 0.20 0.00 0.00% |
| Symbol | China |
China Sanjiang '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 Sanjiang'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 Sanjiang.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in China Sanjiang on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding China Sanjiang Fine or generate 0.0% return on investment in China Sanjiang over 30 days.
China Sanjiang 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 Sanjiang'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 Sanjiang Fine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.34 | |||
| Information Ratio | 0.0929 | |||
| Maximum Drawdown | 17.03 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.26 |
China Sanjiang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Sanjiang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Sanjiang's standard deviation. In reality, there are many statistical measures that can use China Sanjiang historical prices to predict the future China Sanjiang's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | 0.2775 | |||
| Total Risk Alpha | 0.2322 | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | (1.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Sanjiang's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Sanjiang Fine Backtested Returns
Currently, China Sanjiang Fine is out of control. China Sanjiang Fine secures Sharpe Ratio (or Efficiency) of 0.0459, which signifies that the company had a 0.0459% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for China Sanjiang Fine, which you can use to evaluate the volatility of the firm. Please confirm China Sanjiang's Downside Deviation of 5.34, mean deviation of 1.54, and Risk Adjusted Performance of 0.0889 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. China Sanjiang has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Sanjiang are expected to decrease at a much lower rate. During the bear market, China Sanjiang is likely to outperform the market. China Sanjiang Fine right now shows a risk of 2.56%. Please confirm China Sanjiang Fine jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if China Sanjiang Fine will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
China Sanjiang Fine has no correlation between past and present. Overlapping area represents the amount of predictability between China Sanjiang time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Sanjiang Fine price movement. The serial correlation of 0.0 indicates that just 0.0% of current China Sanjiang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Sanjiang Fine lagged returns against current returns
Autocorrelation, which is China Sanjiang 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 Sanjiang's stock expected returns. We can calculate the autocorrelation of China Sanjiang returns to help us make a trade decision. For example, suppose you find that China Sanjiang 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 Sanjiang 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 Sanjiang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Sanjiang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Sanjiang stock over time.
Current vs Lagged Prices |
| Timeline |
China Sanjiang Lagged Returns
When evaluating China Sanjiang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Sanjiang stock have on its future price. China Sanjiang 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 Sanjiang autocorrelation shows the relationship between China Sanjiang stock current value and its past values and can show if there is a momentum factor associated with investing in China Sanjiang Fine.
Regressed Prices |
| Timeline |
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Additional Tools for China Stock Analysis
When running China Sanjiang's price analysis, check to measure China Sanjiang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Sanjiang is operating at the current time. Most of China Sanjiang's value examination focuses on studying past and present price action to predict the probability of China Sanjiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Sanjiang's price. Additionally, you may evaluate how the addition of China Sanjiang to your portfolios can decrease your overall portfolio volatility.