China Shenhua Energy Stock Market Value
| CUAEF Stock | USD 3.75 0.00 0.00% |
| Symbol | China |
China Shenhua '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 Shenhua'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 Shenhua.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in China Shenhua on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding China Shenhua Energy or generate 0.0% return on investment in China Shenhua over 90 days. China Shenhua is related to or competes with Bukit Asam, Indo Tambangraya, and Thungela Resources. China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power railway, ... More
China Shenhua 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 Shenhua'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 Shenhua Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.58 |
China Shenhua Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Shenhua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Shenhua's standard deviation. In reality, there are many statistical measures that can use China Shenhua historical prices to predict the future China Shenhua's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | 0.0666 | |||
| Treynor Ratio | 1.78 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Shenhua'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 Shenhua Energy Backtested Returns
China Shenhua Energy 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 Shenhua Energy exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Shenhua's Mean Deviation of 0.5247, risk adjusted performance of (0.1), and Standard Deviation of 2.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Shenhua are expected to decrease at a much lower rate. During the bear market, China Shenhua is likely to outperform the market. At this point, China Shenhua Energy has a negative expected return of -0.29%. Please make sure to confirm China Shenhua's information ratio, as well as the relationship between the skewness and day median price , to decide if China Shenhua Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | Huge |
Perfect predictability
China Shenhua Energy has perfect predictability. Overlapping area represents the amount of predictability between China Shenhua time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 China Shenhua Energy price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current China Shenhua price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
China Shenhua Energy lagged returns against current returns
Autocorrelation, which is China Shenhua 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 Shenhua's pink sheet expected returns. We can calculate the autocorrelation of China Shenhua returns to help us make a trade decision. For example, suppose you find that China Shenhua 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 Shenhua 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 Shenhua pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Shenhua 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 Shenhua pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Shenhua Lagged Returns
When evaluating China Shenhua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Shenhua pink sheet have on its future price. China Shenhua 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 Shenhua autocorrelation shows the relationship between China Shenhua pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Shenhua Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Shenhua financial ratios help investors to determine whether China Pink Sheet 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 Shenhua security.