New Oriental (Brazil) Market Value
| E1DU34 Stock | BRL 19.44 1.02 5.54% |
| Symbol | New |
New Oriental '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 New Oriental'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 New Oriental.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in New Oriental on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding New Oriental Education or generate 0.0% return on investment in New Oriental over 90 days. New Oriental is related to or competes with Nordon Indstrias, Iron Mountain, Universal Health, Apartment Investment, Waste Management, GP Investments, and Hospital Mater. New Oriental Education Technology Group Inc More
New Oriental 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 New Oriental'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 New Oriental Education upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 30.3 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 5.54 |
New Oriental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Oriental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Oriental's standard deviation. In reality, there are many statistical measures that can use New Oriental historical prices to predict the future New Oriental's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | 0.2654 | |||
| Treynor Ratio | 0.4182 |
New Oriental Education Backtested Returns
New Oriental Education has Sharpe Ratio of -0.0614, which conveys that the firm had a -0.0614 % return per unit of risk over the last 3 months. New Oriental exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Oriental's Mean Deviation of 2.25, risk adjusted performance of (0.05), and Standard Deviation of 4.32 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning New Oriental are expected to decrease at a much lower rate. During the bear market, New Oriental is likely to outperform the market. At this point, New Oriental Education has a negative expected return of -0.27%. Please make sure to verify New Oriental's value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if New Oriental Education performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
New Oriental Education has below average predictability. Overlapping area represents the amount of predictability between New Oriental 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 New Oriental Education price movement. The serial correlation of 0.38 indicates that just about 38.0% of current New Oriental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
New Oriental Education lagged returns against current returns
Autocorrelation, which is New Oriental 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 New Oriental's stock expected returns. We can calculate the autocorrelation of New Oriental returns to help us make a trade decision. For example, suppose you find that New Oriental 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 |
New Oriental 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 New Oriental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Oriental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Oriental stock over time.
Current vs Lagged Prices |
| Timeline |
New Oriental Lagged Returns
When evaluating New Oriental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Oriental stock have on its future price. New Oriental 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, New Oriental autocorrelation shows the relationship between New Oriental stock current value and its past values and can show if there is a momentum factor associated with investing in New Oriental Education.
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.Additional Information and Resources on Investing in New Stock
When determining whether New Oriental Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Oriental Education Stock. Highlighted below are key reports to facilitate an investment decision about New Oriental Education Stock:Check out New Oriental Correlation, New Oriental Volatility and New Oriental Alpha and Beta module to complement your research on New Oriental. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
New Oriental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.