Beijing Tong (Germany) Market Value
| TQR Stock | EUR 0.98 0.03 2.97% |
| Symbol | Beijing |
Beijing Tong '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 Beijing Tong'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 Beijing Tong.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Beijing Tong on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Beijing Tong Ren or generate 0.0% return on investment in Beijing Tong over 60 days. Beijing Tong is related to or competes with Sligro Food, Calibre Mining, China Modern, SENECA FOODS-A, Austevoll Seafood, and Axfood AB. Beijing Tong Ren Tang Chinese Medicine Company Limited, together with its subsidiaries, engages in the manufacture, reta... More
Beijing Tong 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 Beijing Tong'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 Beijing Tong Ren upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0453 | |||
| Maximum Drawdown | 7.1 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.0 |
Beijing Tong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Tong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Tong's standard deviation. In reality, there are many statistical measures that can use Beijing Tong historical prices to predict the future Beijing Tong's volatility.| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | 0.0419 | |||
| Total Risk Alpha | 0.0999 | |||
| Sortino Ratio | 0.0384 | |||
| Treynor Ratio | (0.15) |
Beijing Tong Ren Backtested Returns
Beijing Tong Ren secures Sharpe Ratio (or Efficiency) of -0.0248, which signifies that the company had a -0.0248 % return per unit of risk over the last 3 months. Beijing Tong Ren exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Tong's Downside Deviation of 1.89, risk adjusted performance of 0.0328, and Mean Deviation of 1.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beijing Tong are expected to decrease at a much lower rate. During the bear market, Beijing Tong is likely to outperform the market. At this point, Beijing Tong Ren has a negative expected return of -0.038%. Please make sure to confirm Beijing Tong's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Beijing Tong Ren performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Beijing Tong Ren has below average predictability. Overlapping area represents the amount of predictability between Beijing Tong time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Beijing Tong Ren price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Beijing Tong price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Beijing Tong Ren lagged returns against current returns
Autocorrelation, which is Beijing Tong 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 Beijing Tong's stock expected returns. We can calculate the autocorrelation of Beijing Tong returns to help us make a trade decision. For example, suppose you find that Beijing Tong 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 |
Beijing Tong 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 Beijing Tong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Tong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Tong stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Tong Lagged Returns
When evaluating Beijing Tong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Tong stock have on its future price. Beijing Tong 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, Beijing Tong autocorrelation shows the relationship between Beijing Tong stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Tong Ren.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Tong financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Tong security.