Shanrong Biotechnology Corp Stock Market Value
| SRBT Stock | USD 1.00 0.45 81.82% |
| Symbol | Shanrong |
Shanrong Biotechnology '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 Shanrong Biotechnology'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 Shanrong Biotechnology.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Shanrong Biotechnology on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Shanrong Biotechnology Corp or generate 0.0% return on investment in Shanrong Biotechnology over 30 days. Shanrong Biotechnology is related to or competes with Canlan Ice, MYT Netherlands, Academy Sports, Sea, RH, and Mattel. Shanrong Biotechnology Corp. operates as a project management and executive consulting company More
Shanrong Biotechnology 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 Shanrong Biotechnology'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 Shanrong Biotechnology Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1103 | |||
| Maximum Drawdown | 391.1 | |||
| Value At Risk | (12.73) |
Shanrong Biotechnology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanrong Biotechnology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanrong Biotechnology's standard deviation. In reality, there are many statistical measures that can use Shanrong Biotechnology historical prices to predict the future Shanrong Biotechnology's volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 6.16 | |||
| Total Risk Alpha | 3.97 | |||
| Treynor Ratio | 0.512 |
Shanrong Biotechnology Backtested Returns
Shanrong Biotechnology is out of control given 3 months investment horizon. Shanrong Biotechnology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have analyzed twenty-two different technical indicators, which can help you to evaluate if expected returns of 7.45% are justified by taking the suggested risk. Use Shanrong Biotechnology Risk Adjusted Performance of 0.1044, coefficient of variation of 899.84, and Variance of 3590.43 to evaluate company specific risk that cannot be diversified away. Shanrong Biotechnology holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 12.99, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shanrong Biotechnology will likely underperform. Use Shanrong Biotechnology total risk alpha, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Shanrong Biotechnology.
Auto-correlation | -0.36 |
Poor reverse predictability
Shanrong Biotechnology Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Shanrong Biotechnology time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 Shanrong Biotechnology price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Shanrong Biotechnology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Shanrong Biotechnology lagged returns against current returns
Autocorrelation, which is Shanrong Biotechnology 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 Shanrong Biotechnology's pink sheet expected returns. We can calculate the autocorrelation of Shanrong Biotechnology returns to help us make a trade decision. For example, suppose you find that Shanrong Biotechnology 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 |
Shanrong Biotechnology 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 Shanrong Biotechnology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanrong Biotechnology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanrong Biotechnology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shanrong Biotechnology Lagged Returns
When evaluating Shanrong Biotechnology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanrong Biotechnology pink sheet have on its future price. Shanrong Biotechnology 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, Shanrong Biotechnology autocorrelation shows the relationship between Shanrong Biotechnology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shanrong Biotechnology Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Shanrong Pink Sheet Analysis
When running Shanrong Biotechnology's price analysis, check to measure Shanrong Biotechnology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shanrong Biotechnology is operating at the current time. Most of Shanrong Biotechnology's value examination focuses on studying past and present price action to predict the probability of Shanrong Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanrong Biotechnology's price. Additionally, you may evaluate how the addition of Shanrong Biotechnology to your portfolios can decrease your overall portfolio volatility.