TIMES CHINA (Germany) Market Value
| T2H Stock | EUR 0.04 0 10.77% |
| Symbol | TIMES |
TIMES CHINA '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 TIMES CHINA'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 TIMES CHINA.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in TIMES CHINA on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding TIMES CHINA HLDGS or generate 0.0% return on investment in TIMES CHINA over 240 days. TIMES CHINA is related to or competes with Deutsche Wohnen, Gateway Real, and LANDSEA HOMES. More
TIMES CHINA 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 TIMES CHINA'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 TIMES CHINA HLDGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.4 | |||
| Information Ratio | 0.1873 | |||
| Maximum Drawdown | 136.67 | |||
| Value At Risk | (13.10) | |||
| Potential Upside | 38.89 |
TIMES CHINA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TIMES CHINA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TIMES CHINA's standard deviation. In reality, there are many statistical measures that can use TIMES CHINA historical prices to predict the future TIMES CHINA's volatility.| Risk Adjusted Performance | 0.1593 | |||
| Jensen Alpha | 3.52 | |||
| Total Risk Alpha | 3.01 | |||
| Sortino Ratio | 0.2833 | |||
| Treynor Ratio | 5.1 |
TIMES CHINA HLDGS Backtested Returns
TIMES CHINA is out of control given 3 months investment horizon. TIMES CHINA HLDGS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.6% are justified by taking the suggested risk. Use TIMES CHINA HLDGS risk adjusted performance of 0.1593, and Coefficient Of Variation of 528.99 to evaluate company specific risk that cannot be diversified away. TIMES CHINA holds a performance score of 15 on a scale of zero to a hundred. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TIMES CHINA's returns are expected to increase less than the market. However, during the bear market, the loss of holding TIMES CHINA is expected to be smaller as well. Use TIMES CHINA HLDGS sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on TIMES CHINA HLDGS.
Auto-correlation | -0.61 |
Very good reverse predictability
TIMES CHINA HLDGS has very good reverse predictability. Overlapping area represents the amount of predictability between TIMES CHINA time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of December 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 TIMES CHINA HLDGS price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current TIMES CHINA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TIMES CHINA HLDGS lagged returns against current returns
Autocorrelation, which is TIMES CHINA 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 TIMES CHINA's stock expected returns. We can calculate the autocorrelation of TIMES CHINA returns to help us make a trade decision. For example, suppose you find that TIMES CHINA 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 |
TIMES CHINA 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 TIMES CHINA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TIMES CHINA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TIMES CHINA stock over time.
Current vs Lagged Prices |
| Timeline |
TIMES CHINA Lagged Returns
When evaluating TIMES CHINA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TIMES CHINA stock have on its future price. TIMES CHINA 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, TIMES CHINA autocorrelation shows the relationship between TIMES CHINA stock current value and its past values and can show if there is a momentum factor associated with investing in TIMES CHINA HLDGS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TIMES Stock
TIMES CHINA financial ratios help investors to determine whether TIMES 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 TIMES with respect to the benefits of owning TIMES CHINA security.