JIAHUA STORES (Germany) Market Value
| DG9 Stock | EUR 0.02 0.00 0.00% |
| Symbol | JIAHUA |
JIAHUA STORES '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 JIAHUA STORES'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 JIAHUA STORES.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in JIAHUA STORES on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding JIAHUA STORES or generate 0.0% return on investment in JIAHUA STORES over 90 days. JIAHUA STORES is related to or competes with Media, Zijin Mining, Jacquet Metal, HOCHSCHILD MINING, and Perseus Mining. More
JIAHUA STORES 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 JIAHUA STORES'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 JIAHUA STORES upside and downside potential and time the market with a certain degree of confidence.
JIAHUA STORES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JIAHUA STORES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JIAHUA STORES's standard deviation. In reality, there are many statistical measures that can use JIAHUA STORES historical prices to predict the future JIAHUA STORES's volatility.JIAHUA STORES Backtested Returns
We have found three technical indicators for JIAHUA STORES, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and JIAHUA STORES are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
JIAHUA STORES has no correlation between past and present. Overlapping area represents the amount of predictability between JIAHUA STORES time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 JIAHUA STORES price movement. The serial correlation of 0.0 indicates that just 0.0% of current JIAHUA STORES 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 |
JIAHUA STORES lagged returns against current returns
Autocorrelation, which is JIAHUA STORES 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 JIAHUA STORES's stock expected returns. We can calculate the autocorrelation of JIAHUA STORES returns to help us make a trade decision. For example, suppose you find that JIAHUA STORES 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 |
JIAHUA STORES 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 JIAHUA STORES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JIAHUA STORES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JIAHUA STORES stock over time.
Current vs Lagged Prices |
| Timeline |
JIAHUA STORES Lagged Returns
When evaluating JIAHUA STORES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JIAHUA STORES stock have on its future price. JIAHUA STORES 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, JIAHUA STORES autocorrelation shows the relationship between JIAHUA STORES stock current value and its past values and can show if there is a momentum factor associated with investing in JIAHUA STORES.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in JIAHUA Stock
JIAHUA STORES financial ratios help investors to determine whether JIAHUA 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 JIAHUA with respect to the benefits of owning JIAHUA STORES security.