China Reinsurance (Germany) Market Value
| C53 Stock | EUR 0.1 0.0005 0.51% |
| Symbol | China |
China Reinsurance '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 Reinsurance'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 Reinsurance.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in China Reinsurance on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding China Reinsurance or generate 0.0% return on investment in China Reinsurance over 30 days. China Reinsurance is related to or competes with MUENCHRUECKUNSADR, Reinsurance Group, Superior Plus, SIVERS SEMICONDUCTORS, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. China Reinsurance Corporation, together with its subsidiaries, operates as a reinsurance company in the Peoples Republic... More
China Reinsurance 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 Reinsurance'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 Reinsurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.96 | |||
| Information Ratio | 0.1142 | |||
| Maximum Drawdown | 60.92 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 16.67 |
China Reinsurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Reinsurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Reinsurance's standard deviation. In reality, there are many statistical measures that can use China Reinsurance historical prices to predict the future China Reinsurance's volatility.| Risk Adjusted Performance | 0.1028 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | 4.06 |
China Reinsurance Backtested Returns
China Reinsurance appears to be out of control, given 3 months investment horizon. China Reinsurance secures Sharpe Ratio (or Efficiency) of 0.0558, which signifies that the company had a 0.0558% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Reinsurance, which you can use to evaluate the volatility of the firm. Please makes use of China Reinsurance's Risk Adjusted Performance of 0.1028, mean deviation of 4.52, and Downside Deviation of 9.96 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Reinsurance holds a performance score of 4. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Reinsurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Reinsurance is expected to be smaller as well. Please check China Reinsurance's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether China Reinsurance's price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
China Reinsurance has almost perfect reverse predictability. Overlapping area represents the amount of predictability between China Reinsurance time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. 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 Reinsurance price movement. The serial correlation of -0.76 indicates that around 76.0% of current China Reinsurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Reinsurance lagged returns against current returns
Autocorrelation, which is China Reinsurance 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 Reinsurance's stock expected returns. We can calculate the autocorrelation of China Reinsurance returns to help us make a trade decision. For example, suppose you find that China Reinsurance 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 Reinsurance 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 Reinsurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Reinsurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Reinsurance stock over time.
Current vs Lagged Prices |
| Timeline |
China Reinsurance Lagged Returns
When evaluating China Reinsurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Reinsurance stock have on its future price. China Reinsurance 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 Reinsurance autocorrelation shows the relationship between China Reinsurance stock current value and its past values and can show if there is a momentum factor associated with investing in China Reinsurance.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China Reinsurance 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 Reinsurance security.