Yunhong Green Cti Stock Market Value
| YHGJ Stock | 0.67 0.01 1.47% |
| Symbol | Yunhong |
Yunhong Green CTI Price To Book Ratio
Is Housewares & Specialties space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yunhong Green. If investors know Yunhong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yunhong Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.874 | Quarterly Revenue Growth 0.073 | Return On Assets (0.02) | Return On Equity (0.20) |
The market value of Yunhong Green CTI is measured differently than its book value, which is the value of Yunhong that is recorded on the company's balance sheet. Investors also form their own opinion of Yunhong Green's value that differs from its market value or its book value, called intrinsic value, which is Yunhong Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yunhong Green's market value can be influenced by many factors that don't directly affect Yunhong Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yunhong Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yunhong Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yunhong Green'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.
Yunhong Green '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 Yunhong Green'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 Yunhong Green.
| 12/10/2022 |
| 11/29/2024 |
If you would invest 0.00 in Yunhong Green on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding Yunhong Green CTI or generate 0.0% return on investment in Yunhong Green over 720 days. Yunhong Green is related to or competes with SEI Investments, Logan Ridge, Fidus Investment, Waste Management, Playa Hotels, and Franklin Credit. Yunhong Green is entity of United States More
Yunhong Green 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 Yunhong Green'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 Yunhong Green CTI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 37.66 | |||
| Value At Risk | (9.40) | |||
| Potential Upside | 6.36 |
Yunhong Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunhong Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunhong Green's standard deviation. In reality, there are many statistical measures that can use Yunhong Green historical prices to predict the future Yunhong Green's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.65) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (3.49) |
Yunhong Green CTI Backtested Returns
Yunhong Green CTI shows Sharpe Ratio of -0.1, which attests that the company had a -0.1% return per unit of risk over the last 3 months. Yunhong Green CTI exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yunhong Green's Market Risk Adjusted Performance of (3.48), mean deviation of 3.45, and Standard Deviation of 5.2 to validate the risk estimate we provide. The firm maintains a market beta of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yunhong Green's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yunhong Green is expected to be smaller as well. At this point, Yunhong Green CTI has a negative expected return of -0.53%. Please make sure to check out Yunhong Green's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Yunhong Green CTI performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Yunhong Green CTI has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Yunhong Green time series from 10th of December 2022 to 5th of December 2023 and 5th of December 2023 to 29th of November 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 Yunhong Green CTI price movement. The serial correlation of -0.79 indicates that around 79.0% of current Yunhong Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Yunhong Green CTI lagged returns against current returns
Autocorrelation, which is Yunhong Green 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 Yunhong Green's stock expected returns. We can calculate the autocorrelation of Yunhong Green returns to help us make a trade decision. For example, suppose you find that Yunhong Green 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 |
Yunhong Green 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 Yunhong Green stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunhong Green stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunhong Green stock over time.
Current vs Lagged Prices |
| Timeline |
Yunhong Green Lagged Returns
When evaluating Yunhong Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunhong Green stock have on its future price. Yunhong Green 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, Yunhong Green autocorrelation shows the relationship between Yunhong Green stock current value and its past values and can show if there is a momentum factor associated with investing in Yunhong Green CTI.
Regressed Prices |
| Timeline |
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