Jiangnan Mould (China) Market Value
| 000700 Stock | 7.23 0.02 0.28% |
| Symbol | Jiangnan |
Jiangnan Mould '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 Jiangnan Mould'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 Jiangnan Mould.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Jiangnan Mould on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangnan Mould Plastic or generate 0.0% return on investment in Jiangnan Mould over 30 days. Jiangnan Mould is related to or competes with Hunan Investment, Harbin Hatou, Zhejiang Construction, Xinjiang Communications, Beijing Mainstreets, Tongyu Communication, and Cultural Investment. More
Jiangnan Mould 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 Jiangnan Mould'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 Jiangnan Mould Plastic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0556 | |||
| Maximum Drawdown | 14.2 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 4.31 |
Jiangnan Mould Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangnan Mould's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangnan Mould's standard deviation. In reality, there are many statistical measures that can use Jiangnan Mould historical prices to predict the future Jiangnan Mould's volatility.| Risk Adjusted Performance | 0.0656 | |||
| Jensen Alpha | 0.169 | |||
| Total Risk Alpha | 0.0887 | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | 13.55 |
Jiangnan Mould Plastic Backtested Returns
At this point, Jiangnan Mould is somewhat reliable. Jiangnan Mould Plastic holds Efficiency (Sharpe) Ratio of 0.0698, which attests that the entity had a 0.0698 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jiangnan Mould Plastic, which you can use to evaluate the volatility of the firm. Please check out Jiangnan Mould's Market Risk Adjusted Performance of 13.56, downside deviation of 2.41, and Risk Adjusted Performance of 0.0656 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Jiangnan Mould has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0125, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jiangnan Mould's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangnan Mould is expected to be smaller as well. Jiangnan Mould Plastic right now retains a risk of 2.57%. Please check out Jiangnan Mould market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Jiangnan Mould will be following its current trending patterns.
Auto-correlation | -0.95 |
Near perfect reversele predictability
Jiangnan Mould Plastic has near perfect reversele predictability. Overlapping area represents the amount of predictability between Jiangnan Mould time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Jiangnan Mould Plastic price movement. The serial correlation of -0.95 indicates that approximately 95.0% of current Jiangnan Mould price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.95 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Jiangnan Mould Plastic lagged returns against current returns
Autocorrelation, which is Jiangnan Mould 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 Jiangnan Mould's stock expected returns. We can calculate the autocorrelation of Jiangnan Mould returns to help us make a trade decision. For example, suppose you find that Jiangnan Mould 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 |
Jiangnan Mould 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 Jiangnan Mould stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangnan Mould stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangnan Mould stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangnan Mould Lagged Returns
When evaluating Jiangnan Mould's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangnan Mould stock have on its future price. Jiangnan Mould 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, Jiangnan Mould autocorrelation shows the relationship between Jiangnan Mould stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangnan Mould Plastic.
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 Jiangnan Stock
Jiangnan Mould financial ratios help investors to determine whether Jiangnan 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 Jiangnan with respect to the benefits of owning Jiangnan Mould security.