Nanjing Panda's market value is the price at which a share of Nanjing Panda trades on a public exchange. It measures the collective expectations of Nanjing Panda Electronics investors about its performance. Nanjing Panda is trading at 0.33 as of the 8th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.33. With this module, you can estimate the performance of a buy and hold strategy of Nanjing Panda Electronics and determine expected loss or profit from investing in Nanjing Panda over a given investment horizon. Check out Nanjing Panda Correlation, Nanjing Panda Volatility and Nanjing Panda Alpha and Beta module to complement your research on Nanjing Panda.
Please note, there is a significant difference between Nanjing Panda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nanjing Panda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanjing Panda'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.
Nanjing Panda '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 Nanjing Panda'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 Nanjing Panda.
0.00
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/08/2025
0.00
If you would invest 0.00 in Nanjing Panda on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Nanjing Panda Electronics or generate 0.0% return on investment in Nanjing Panda over 720 days. Nanjing Panda is related to or competes with Hon Hai, Sunny Optical, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Nanjing Panda Electronics Company Limited, together with its subsidiaries, engages in the research and development, manu... More
Nanjing Panda 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 Nanjing Panda'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 Nanjing Panda Electronics upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanjing Panda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nanjing Panda's standard deviation. In reality, there are many statistical measures that can use Nanjing Panda historical prices to predict the future Nanjing Panda's volatility.
Nanjing Panda appears to be abnormally volatile, given 3 months investment horizon. Nanjing Panda Electronics has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Nanjing Panda, which you can use to evaluate the volatility of the firm. Please exercise Nanjing Panda's Standard Deviation of 5.1, risk adjusted performance of 0.1045, and Mean Deviation of 2.21 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nanjing Panda holds a performance score of 8. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nanjing Panda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nanjing Panda is expected to be smaller as well. Please check Nanjing Panda's maximum drawdown and the relationship between the potential upside and day median price , to make a quick decision on whether Nanjing Panda's current price movements will revert.
Auto-correlation
0.22
Weak predictability
Nanjing Panda Electronics has weak predictability. Overlapping area represents the amount of predictability between Nanjing Panda time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th of January 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 Nanjing Panda Electronics price movement. The serial correlation of 0.22 indicates that over 22.0% of current Nanjing Panda price fluctuation can be explain by its past prices.
Correlation Coefficient
0.22
Spearman Rank Test
-0.34
Residual Average
0.0
Price Variance
0.0
Nanjing Panda Electronics lagged returns against current returns
Autocorrelation, which is Nanjing Panda 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 Nanjing Panda's stock expected returns. We can calculate the autocorrelation of Nanjing Panda returns to help us make a trade decision. For example, suppose you find that Nanjing Panda 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
Nanjing Panda 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 Nanjing Panda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nanjing Panda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nanjing Panda stock over time.
Current vs Lagged Prices
Timeline
Nanjing Panda Lagged Returns
When evaluating Nanjing Panda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nanjing Panda stock have on its future price. Nanjing Panda 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, Nanjing Panda autocorrelation shows the relationship between Nanjing Panda stock current value and its past values and can show if there is a momentum factor associated with investing in Nanjing Panda Electronics.
Nanjing Panda financial ratios help investors to determine whether Nanjing 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 Nanjing with respect to the benefits of owning Nanjing Panda security.