Tieling Newcity (China) Market Value
| 000809 Stock | 3.08 0.10 3.36% |
| Symbol | Tieling |
Tieling Newcity '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 Tieling Newcity'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 Tieling Newcity.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Tieling Newcity on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Tieling Newcity Investment or generate 0.0% return on investment in Tieling Newcity over 30 days. Tieling Newcity is related to or competes with Shenzhen MYS, Wangneng Environment, Fujian Nanwang, Tongxing Environmental, Eit Environmental, Suntar Environmental, and Shannon Semiconductor. Tieling Newcity is entity of China. It is traded as Stock on SHE exchange. More
Tieling Newcity 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 Tieling Newcity'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 Tieling Newcity Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.0915 | |||
| Maximum Drawdown | 10.09 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.93 |
Tieling Newcity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tieling Newcity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tieling Newcity's standard deviation. In reality, there are many statistical measures that can use Tieling Newcity historical prices to predict the future Tieling Newcity's volatility.| Risk Adjusted Performance | 0.1134 | |||
| Jensen Alpha | 0.3738 | |||
| Total Risk Alpha | 0.0449 | |||
| Sortino Ratio | 0.0984 | |||
| Treynor Ratio | (1.07) |
Tieling Newcity Inve Backtested Returns
Tieling Newcity appears to be unstable, given 3 months investment horizon. Tieling Newcity Inve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. By inspecting Tieling Newcity's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Tieling Newcity's Risk Adjusted Performance of 0.1134, semi deviation of 2.36, and Coefficient Of Variation of 785.06 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tieling Newcity holds a performance score of 14. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tieling Newcity are expected to decrease at a much lower rate. During the bear market, Tieling Newcity is likely to outperform the market. Please check Tieling Newcity's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Tieling Newcity's existing price patterns will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Tieling Newcity Investment has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tieling Newcity time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Tieling Newcity Inve price movement. The serial correlation of -0.71 indicates that around 71.0% of current Tieling Newcity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tieling Newcity Inve lagged returns against current returns
Autocorrelation, which is Tieling Newcity 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 Tieling Newcity's stock expected returns. We can calculate the autocorrelation of Tieling Newcity returns to help us make a trade decision. For example, suppose you find that Tieling Newcity 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 |
Tieling Newcity 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 Tieling Newcity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tieling Newcity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tieling Newcity stock over time.
Current vs Lagged Prices |
| Timeline |
Tieling Newcity Lagged Returns
When evaluating Tieling Newcity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tieling Newcity stock have on its future price. Tieling Newcity 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, Tieling Newcity autocorrelation shows the relationship between Tieling Newcity stock current value and its past values and can show if there is a momentum factor associated with investing in Tieling Newcity Investment.
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 Tieling Stock
Tieling Newcity financial ratios help investors to determine whether Tieling 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 Tieling with respect to the benefits of owning Tieling Newcity security.