Shenzhen SDG (China) Market Value
| 000070 Stock | 5.62 0.10 1.81% |
| Symbol | Shenzhen |
Shenzhen SDG '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 Shenzhen SDG'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 Shenzhen SDG.
| 02/09/2024 |
| 02/03/2025 |
If you would invest 0.00 in Shenzhen SDG on February 9, 2024 and sell it all today you would earn a total of 0.00 from holding Shenzhen SDG Information or generate 0.0% return on investment in Shenzhen SDG over 360 days. Shenzhen SDG is related to or competes with Hefei Metalforming, Chongqing Shunbo, Industrial Bank, Rising Nonferrous, Guosheng Financial, and Ping An. Shenzhen SDG is entity of China. It is traded as Stock on SHE exchange. More
Shenzhen SDG 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 Shenzhen SDG'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 Shenzhen SDG Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0268 | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 4.96 |
Shenzhen SDG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen SDG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen SDG's standard deviation. In reality, there are many statistical measures that can use Shenzhen SDG historical prices to predict the future Shenzhen SDG's volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.1138 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | 0.4253 |
Shenzhen SDG Information Backtested Returns
At this point, Shenzhen SDG is slightly risky. Shenzhen SDG Information owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shenzhen SDG Information, which you can use to evaluate the volatility of the company. Please validate Shenzhen SDG's Semi Deviation of 2.5, coefficient of variation of 1718.74, and Risk Adjusted Performance of 0.0555 to confirm if the risk estimate we provide is consistent with the expected return of 0.0123%. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shenzhen SDG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen SDG is expected to be smaller as well. Shenzhen SDG Information right now has a risk of 2.34%. Please validate Shenzhen SDG mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shenzhen SDG will be following its existing price patterns.
Auto-correlation | -0.86 |
Excellent reverse predictability
Shenzhen SDG Information has excellent reverse predictability. Overlapping area represents the amount of predictability between Shenzhen SDG time series from 9th of February 2024 to 7th of August 2024 and 7th of August 2024 to 3rd of February 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 Shenzhen SDG Information price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Shenzhen SDG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Shenzhen SDG Information lagged returns against current returns
Autocorrelation, which is Shenzhen SDG 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 Shenzhen SDG's stock expected returns. We can calculate the autocorrelation of Shenzhen SDG returns to help us make a trade decision. For example, suppose you find that Shenzhen SDG 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 |
Shenzhen SDG 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 Shenzhen SDG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen SDG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen SDG stock over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen SDG Lagged Returns
When evaluating Shenzhen SDG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen SDG stock have on its future price. Shenzhen SDG 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, Shenzhen SDG autocorrelation shows the relationship between Shenzhen SDG stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen SDG Information.
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 Shenzhen Stock
Shenzhen SDG financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen SDG security.