China Water (Germany) Market Value

CUBB Stock  EUR 0.59  0.01  1.67%   
China Water's market value is the price at which a share of China Water trades on a public exchange. It measures the collective expectations of China Water Affairs investors about its performance. China Water is trading at 0.59 as of the 24th of December 2024. This is a 1.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.59.
With this module, you can estimate the performance of a buy and hold strategy of China Water Affairs and determine expected loss or profit from investing in China Water over a given investment horizon. Check out China Water Correlation, China Water Volatility and China Water Alpha and Beta module to complement your research on China Water.
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Please note, there is a significant difference between China Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

China Water '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 Water'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 Water.
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11/24/2024
No Change 0.00  0.0 
In 30 days
12/24/2024
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If you would invest  0.00  in China Water on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding China Water Affairs or generate 0.0% return on investment in China Water over 30 days. China Water is related to or competes with American Water, Aqua America, United Utilities, Companhia, Guangdong Investment, Gelsenwasser, and American States. China Water Affairs Group Limited, an investment holding company, engages in the water supply, sewage treatment, and pro... More

China Water 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 Water'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 Water Affairs upside and downside potential and time the market with a certain degree of confidence.

China Water Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Water's standard deviation. In reality, there are many statistical measures that can use China Water historical prices to predict the future China Water's volatility.
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0.030.593.76
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Water. Your research has to be compared to or analyzed against China Water's peers to derive any actionable benefits. When done correctly, China Water's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in China Water Affairs.

China Water Affairs Backtested Returns

China Water appears to be extremely dangerous, given 3 months investment horizon. China Water Affairs secures Sharpe Ratio (or Efficiency) of 0.0779, which signifies that the company had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for China Water Affairs, which you can use to evaluate the volatility of the firm. Please makes use of China Water's Risk Adjusted Performance of 0.1255, mean deviation of 3.04, and Downside Deviation of 3.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Water holds a performance score of 6. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, China Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Water is expected to be smaller as well. Please check China Water's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether China Water's price patterns will revert.

Auto-correlation

    
  -0.44  

Modest reverse predictability

China Water Affairs has modest reverse predictability. Overlapping area represents the amount of predictability between China Water time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Water Affairs price movement. The serial correlation of -0.44 indicates that just about 44.0% of current China Water price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.0

China Water Affairs lagged returns against current returns

Autocorrelation, which is China Water 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 Water's stock expected returns. We can calculate the autocorrelation of China Water returns to help us make a trade decision. For example, suppose you find that China Water 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 Water 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 Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Water stock over time.
   Current vs Lagged Prices   
       Timeline  

China Water Lagged Returns

When evaluating China Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Water stock have on its future price. China Water 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 Water autocorrelation shows the relationship between China Water stock current value and its past values and can show if there is a momentum factor associated with investing in China Water Affairs.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

China Water 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 Water security.