Beijing Yanjing (China) Market Value
| 000729 Stock | 10.11 0.04 0.40% |
| Symbol | Beijing |
Beijing Yanjing '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 Beijing Yanjing'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 Beijing Yanjing.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Beijing Yanjing on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Beijing Yanjing Brewery or generate 0.0% return on investment in Beijing Yanjing over 720 days. Beijing Yanjing is related to or competes with PetroChina, China Mobile, Ping An, China Petroleum, China State, Kweichow Moutai, and China Life. Beijing Yanjing is entity of China. It is traded as Stock on SHE exchange. More
Beijing Yanjing 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 Beijing Yanjing'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 Beijing Yanjing Brewery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 15.3 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 4.67 |
Beijing Yanjing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Yanjing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Yanjing's standard deviation. In reality, there are many statistical measures that can use Beijing Yanjing historical prices to predict the future Beijing Yanjing's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.1242 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.13) |
Beijing Yanjing Brewery Backtested Returns
At this point, Beijing Yanjing is somewhat reliable. Beijing Yanjing Brewery secures Sharpe Ratio (or Efficiency) of 0.048, which signifies that the company had a 0.048% return per unit of risk over the last 3 months. We have found thirty technical indicators for Beijing Yanjing Brewery, which you can use to evaluate the volatility of the firm. Please confirm Beijing Yanjing's Mean Deviation of 1.59, downside deviation of 1.81, and Risk Adjusted Performance of 0.0308 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Beijing Yanjing has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beijing Yanjing are expected to decrease at a much lower rate. During the bear market, Beijing Yanjing is likely to outperform the market. Beijing Yanjing Brewery right now shows a risk of 2.48%. Please confirm Beijing Yanjing Brewery market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Beijing Yanjing Brewery will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Beijing Yanjing Brewery has modest reverse predictability. Overlapping area represents the amount of predictability between Beijing Yanjing time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Beijing Yanjing Brewery price movement. The serial correlation of -0.5 indicates that about 50.0% of current Beijing Yanjing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Beijing Yanjing Brewery lagged returns against current returns
Autocorrelation, which is Beijing Yanjing 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 Beijing Yanjing's stock expected returns. We can calculate the autocorrelation of Beijing Yanjing returns to help us make a trade decision. For example, suppose you find that Beijing Yanjing 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 |
Beijing Yanjing 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 Beijing Yanjing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Yanjing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Yanjing stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Yanjing Lagged Returns
When evaluating Beijing Yanjing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Yanjing stock have on its future price. Beijing Yanjing 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, Beijing Yanjing autocorrelation shows the relationship between Beijing Yanjing stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Yanjing Brewery.
Regressed Prices |
| Timeline |
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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 Beijing Stock
Beijing Yanjing financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Yanjing security.