China De Xiao Stock Market Value
| CDXQ Stock | 0.0001 0.00 0.00% |
| Symbol | China |
China De '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 De's pink sheet 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 De.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in China De on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding China De Xiao or generate 0.0% return on investment in China De over 30 days. More
China De 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 De's pink sheet 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 De Xiao upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.054 | |||
| Maximum Drawdown | 150.0 |
China De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China De's standard deviation. In reality, there are many statistical measures that can use China De historical prices to predict the future China De's volatility.| Risk Adjusted Performance | 0.0535 | |||
| Jensen Alpha | 0.7483 | |||
| Total Risk Alpha | 0.7571 | |||
| Treynor Ratio | 0.5457 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China De'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 De Xiao Backtested Returns
China De Xiao secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. China De Xiao exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China De's Mean Deviation of 3.01, risk adjusted performance of 0.0535, and Standard Deviation of 13.85 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.37, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, China De will likely underperform. At this point, China De Xiao has a negative expected return of -0.82%. Please make sure to confirm China De's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to decide if China De Xiao performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
China De Xiao has no correlation between past and present. Overlapping area represents the amount of predictability between China De time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 De Xiao price movement. The serial correlation of 0.0 indicates that just 0.0% of current China De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China De Xiao lagged returns against current returns
Autocorrelation, which is China De pink sheet'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 De's pink sheet expected returns. We can calculate the autocorrelation of China De returns to help us make a trade decision. For example, suppose you find that China De has exhibited high autocorrelation historically, and you observe that the pink sheet 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 De 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 De pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China De pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China De pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China De Lagged Returns
When evaluating China De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China De pink sheet have on its future price. China De 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 De autocorrelation shows the relationship between China De pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China De Xiao.
Regressed Prices |
| Timeline |
Pair Trading with China De
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China De position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China De will appreciate offsetting losses from the drop in the long position's value.Moving against China Pink Sheet
| 0.64 | GOOGL | Alphabet Class A Aggressive Push | PairCorr |
| 0.63 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
| 0.6 | AAPL | Apple Inc | PairCorr |
| 0.58 | META | Meta Platforms Aggressive Push | PairCorr |
| 0.45 | AMZN | Amazon Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to China De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China De when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China De - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China De Xiao to buy it.
The correlation of China De is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China De Xiao moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China De can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for China Pink Sheet Analysis
When running China De's price analysis, check to measure China De'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 De is operating at the current time. Most of China De's value examination focuses on studying past and present price action to predict the probability of China De'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 De's price. Additionally, you may evaluate how the addition of China De to your portfolios can decrease your overall portfolio volatility.