SINOPHARM GROUP's market value is the price at which a share of SINOPHARM GROUP trades on a public exchange. It measures the collective expectations of SINOPHARM GROUP 15ON investors about its performance. SINOPHARM GROUP is trading at 12.50 as of the 9th of January 2025. This is a 2.34% down since the beginning of the trading day. The stock's lowest day price was 12.5. With this module, you can estimate the performance of a buy and hold strategy of SINOPHARM GROUP 15ON and determine expected loss or profit from investing in SINOPHARM GROUP over a given investment horizon. Check out SINOPHARM GROUP Correlation, SINOPHARM GROUP Volatility and SINOPHARM GROUP Alpha and Beta module to complement your research on SINOPHARM GROUP.
Please note, there is a significant difference between SINOPHARM GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SINOPHARM GROUP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SINOPHARM GROUP'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.
SINOPHARM GROUP '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 SINOPHARM GROUP'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 SINOPHARM GROUP.
0.00
11/16/2023
No Change 0.00
0.0
In 1 year 1 month and 24 days
01/09/2025
0.00
If you would invest 0.00 in SINOPHARM GROUP on November 16, 2023 and sell it all today you would earn a total of 0.00 from holding SINOPHARM GROUP 15ON or generate 0.0% return on investment in SINOPHARM GROUP over 420 days. SINOPHARM GROUP is related to or competes with Applied Materials, Martin Marietta, Yokohama Rubber, Vulcan Materials, and Mitsubishi Materials. Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and heal... More
SINOPHARM GROUP 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 SINOPHARM GROUP'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 SINOPHARM GROUP 15ON 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 SINOPHARM GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SINOPHARM GROUP's standard deviation. In reality, there are many statistical measures that can use SINOPHARM GROUP historical prices to predict the future SINOPHARM GROUP's volatility.
At this point, SINOPHARM GROUP is not too volatile. SINOPHARM GROUP 15ON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0365, which indicates the firm had a 0.0365% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SINOPHARM GROUP 15ON, which you can use to evaluate the volatility of the company. Please validate SINOPHARM GROUP's coefficient of variation of 1914.12, and Risk Adjusted Performance of 0.0489 to confirm if the risk estimate we provide is consistent with the expected return of 0.077%. SINOPHARM GROUP has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SINOPHARM GROUP are expected to decrease at a much lower rate. During the bear market, SINOPHARM GROUP is likely to outperform the market. SINOPHARM GROUP 15ON currently has a risk of 2.11%. Please validate SINOPHARM GROUP total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if SINOPHARM GROUP will be following its existing price patterns.
Auto-correlation
-0.01
Very weak reverse predictability
SINOPHARM GROUP 15ON has very weak reverse predictability. Overlapping area represents the amount of predictability between SINOPHARM GROUP time series from 16th of November 2023 to 13th of June 2024 and 13th of June 2024 to 9th 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 SINOPHARM GROUP 15ON price movement. The serial correlation of -0.01 indicates that just 1.0% of current SINOPHARM GROUP price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.01
Spearman Rank Test
0.25
Residual Average
0.0
Price Variance
1.12
SINOPHARM GROUP 15ON lagged returns against current returns
Autocorrelation, which is SINOPHARM GROUP 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 SINOPHARM GROUP's stock expected returns. We can calculate the autocorrelation of SINOPHARM GROUP returns to help us make a trade decision. For example, suppose you find that SINOPHARM GROUP 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
SINOPHARM GROUP 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 SINOPHARM GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SINOPHARM GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SINOPHARM GROUP stock over time.
Current vs Lagged Prices
Timeline
SINOPHARM GROUP Lagged Returns
When evaluating SINOPHARM GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SINOPHARM GROUP stock have on its future price. SINOPHARM GROUP 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, SINOPHARM GROUP autocorrelation shows the relationship between SINOPHARM GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SINOPHARM GROUP 15ON.
SINOPHARM GROUP financial ratios help investors to determine whether SINOPHARM 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 SINOPHARM with respect to the benefits of owning SINOPHARM GROUP security.