China Greatwall (China) Market Value
| 000066 Stock | 13.00 0.60 4.41% |
| Symbol | China |
China Greatwall '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 China Greatwall'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 China Greatwall.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in China Greatwall on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding China Greatwall Computer or generate 0.0% return on investment in China Greatwall over 30 days. China Greatwall is related to or competes with Air China, Sinosteel Engineering, Hangzhou Guotai, MayAir Technology, Xizi Clean, Qiaoyin Environmental, and Shaanxi Meineng. China Greatwall is entity of China. It is traded as Stock on SHE exchange. More
China Greatwall 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 China Greatwall'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 China Greatwall Computer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | 0.0474 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (7.44) | |||
| Potential Upside | 9.99 |
China Greatwall Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Greatwall's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Greatwall's standard deviation. In reality, there are many statistical measures that can use China Greatwall historical prices to predict the future China Greatwall's volatility.| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.2865 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | 0.9072 |
China Greatwall Computer Backtested Returns
China Greatwall Computer secures Sharpe Ratio (or Efficiency) of -0.0851, which signifies that the company had a -0.0851 % return per unit of risk over the last 3 months. China Greatwall Computer exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Greatwall's Risk Adjusted Performance of 0.0624, mean deviation of 3.82, and Downside Deviation of 4.15 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, China Greatwall's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Greatwall is expected to be smaller as well. At this point, China Greatwall Computer has a negative expected return of -0.38%. Please make sure to confirm China Greatwall's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if China Greatwall Computer performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
China Greatwall Computer has insignificant predictability. Overlapping area represents the amount of predictability between China Greatwall time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 China Greatwall Computer price movement. The serial correlation of 0.11 indicates that less than 11.0% of current China Greatwall price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
China Greatwall Computer lagged returns against current returns
Autocorrelation, which is China Greatwall 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 China Greatwall's stock expected returns. We can calculate the autocorrelation of China Greatwall returns to help us make a trade decision. For example, suppose you find that China Greatwall 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 |
China Greatwall 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 China Greatwall stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Greatwall stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Greatwall stock over time.
Current vs Lagged Prices |
| Timeline |
China Greatwall Lagged Returns
When evaluating China Greatwall's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Greatwall stock have on its future price. China Greatwall 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, China Greatwall autocorrelation shows the relationship between China Greatwall stock current value and its past values and can show if there is a momentum factor associated with investing in China Greatwall Computer.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in China Stock
China Greatwall financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Greatwall security.