Fosun International Stock Market Value
| FOSUF Stock | USD 0.54 0.06 10.00% |
| Symbol | Fosun |
Fosun International '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 Fosun International'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 Fosun International.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Fosun International on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Fosun International or generate 0.0% return on investment in Fosun International over 180 days. Fosun International is related to or competes with NN, and 1847 Holdings. Fosun International Limited operates in health, happiness, wealth, and intelligent manufacturing sectors in Mainland Chi... More
Fosun International 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 Fosun International'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 Fosun International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0258 | |||
| Maximum Drawdown | 83.57 | |||
| Value At Risk | (5.88) |
Fosun International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fosun International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fosun International's standard deviation. In reality, there are many statistical measures that can use Fosun International historical prices to predict the future Fosun International's volatility.| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | 0.2441 | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | 0.4287 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fosun International'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.
Fosun International Backtested Returns
Fosun International appears to be out of control, given 3 months investment horizon. Fosun International secures Sharpe Ratio (or Efficiency) of 0.0429, which denotes the company had a 0.0429% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Fosun International, which you can use to evaluate the volatility of the firm. Please utilize Fosun International's Standard Deviation of 8.52, mean deviation of 1.99, and Variance of 72.64 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fosun International holds a performance score of 3. The firm shows a Beta (market volatility) of 0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fosun International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fosun International is expected to be smaller as well. Please check Fosun International's jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to make a quick decision on whether Fosun International's price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Fosun International has weak reverse predictability. Overlapping area represents the amount of predictability between Fosun International time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Fosun International price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Fosun International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fosun International lagged returns against current returns
Autocorrelation, which is Fosun International 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 Fosun International's pink sheet expected returns. We can calculate the autocorrelation of Fosun International returns to help us make a trade decision. For example, suppose you find that Fosun International 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 |
Fosun International 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 Fosun International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fosun International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fosun International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fosun International Lagged Returns
When evaluating Fosun International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fosun International pink sheet have on its future price. Fosun International 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, Fosun International autocorrelation shows the relationship between Fosun International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fosun International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fosun Pink Sheet
Fosun International financial ratios help investors to determine whether Fosun 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 Fosun with respect to the benefits of owning Fosun International security.