Financial Street's market value is the price at which a share of Financial Street trades on a public exchange. It measures the collective expectations of Financial Street Holdings investors about its performance. Financial Street is trading at 3.14 as of the 10th of January 2025, a 0.32 percent increase since the beginning of the trading day. The stock's open price was 3.13. With this module, you can estimate the performance of a buy and hold strategy of Financial Street Holdings and determine expected loss or profit from investing in Financial Street over a given investment horizon. Check out Financial Street Correlation, Financial Street Volatility and Financial Street Alpha and Beta module to complement your research on Financial Street.
Please note, there is a significant difference between Financial Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Financial Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Financial Street'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.
Financial Street '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 Financial Street'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 Financial Street.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Financial Street on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Financial Street Holdings or generate 0.0% return on investment in Financial Street over 30 days. Financial Street is related to or competes with Henan Shuanghui, Jiujiang Shanshui, INKON Life, Shanghai Material, Harbin Hatou, Nuode Investment, and Zoje Resources. Financial Street is entity of China. It is traded as Stock on SHE exchange. More
Financial Street 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 Financial Street'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 Financial Street Holdings 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 Financial Street's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financial Street's standard deviation. In reality, there are many statistical measures that can use Financial Street historical prices to predict the future Financial Street's volatility.
At this point, Financial Street is risky. Financial Street Holdings secures Sharpe Ratio (or Efficiency) of 0.0029, which denotes the company had a 0.0029% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Financial Street Holdings, which you can use to evaluate the volatility of the firm. Please confirm Financial Street's Mean Deviation of 3.1, standard deviation of 4.16, and Variance of 17.27 to check if the risk estimate we provide is consistent with the expected return of 0.0113%. The firm shows a Beta (market volatility) of -0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Financial Street are expected to decrease at a much lower rate. During the bear market, Financial Street is likely to outperform the market. Financial Street Holdings right now shows a risk of 3.96%. Please confirm Financial Street Holdings jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Financial Street Holdings will be following its price patterns.
Auto-correlation
0.98
Excellent predictability
Financial Street Holdings has excellent predictability. Overlapping area represents the amount of predictability between Financial Street time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 Financial Street Holdings price movement. The serial correlation of 0.98 indicates that 98.0% of current Financial Street price fluctuation can be explain by its past prices.
Correlation Coefficient
0.98
Spearman Rank Test
0.96
Residual Average
0.0
Price Variance
0.02
Financial Street Holdings lagged returns against current returns
Autocorrelation, which is Financial Street 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 Financial Street's stock expected returns. We can calculate the autocorrelation of Financial Street returns to help us make a trade decision. For example, suppose you find that Financial Street 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
Financial Street 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 Financial Street stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financial Street stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financial Street stock over time.
Current vs Lagged Prices
Timeline
Financial Street Lagged Returns
When evaluating Financial Street's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financial Street stock have on its future price. Financial Street 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, Financial Street autocorrelation shows the relationship between Financial Street stock current value and its past values and can show if there is a momentum factor associated with investing in Financial Street Holdings.
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.
Financial Street financial ratios help investors to determine whether Financial 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 Financial with respect to the benefits of owning Financial Street security.