Yantai Moon (China) Market Value
| 000811 Stock | 11.04 0.02 0.18% |
| Symbol | Yantai |
Yantai Moon '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 Yantai Moon'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 Yantai Moon.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Yantai Moon on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Yantai Moon Co or generate 0.0% return on investment in Yantai Moon over 90 days. Yantai Moon is related to or competes with Peoples Insurance, Lonkey Industrial, Guangzhou Dongfang, Hengli Industrial, Qinghaihuading Industrial, Guangdong Qunxing, and China Nonferrous. Yantai Moon is entity of China. It is traded as Stock on SHE exchange. More
Yantai Moon 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 Yantai Moon'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 Yantai Moon Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.1262 | |||
| Maximum Drawdown | 15.93 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 5.16 |
Yantai Moon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yantai Moon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yantai Moon's standard deviation. In reality, there are many statistical measures that can use Yantai Moon historical prices to predict the future Yantai Moon's volatility.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 0.4767 | |||
| Total Risk Alpha | 0.0158 | |||
| Sortino Ratio | 0.115 | |||
| Treynor Ratio | 2.41 |
Yantai Moon Backtested Returns
Yantai Moon appears to be somewhat reliable, given 3 months investment horizon. Yantai Moon shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Yantai Moon's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Yantai Moon's Market Risk Adjusted Performance of 2.42, mean deviation of 2.24, and Downside Deviation of 3.36 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yantai Moon holds a performance score of 14. The firm maintains a market beta of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yantai Moon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yantai Moon is expected to be smaller as well. Please check Yantai Moon's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Yantai Moon's historical returns will revert.
Auto-correlation | 0.69 |
Good predictability
Yantai Moon Co has good predictability. Overlapping area represents the amount of predictability between Yantai Moon time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Yantai Moon price movement. The serial correlation of 0.69 indicates that around 69.0% of current Yantai Moon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Yantai Moon lagged returns against current returns
Autocorrelation, which is Yantai Moon 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 Yantai Moon's stock expected returns. We can calculate the autocorrelation of Yantai Moon returns to help us make a trade decision. For example, suppose you find that Yantai Moon 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 |
Yantai Moon 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 Yantai Moon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yantai Moon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yantai Moon stock over time.
Current vs Lagged Prices |
| Timeline |
Yantai Moon Lagged Returns
When evaluating Yantai Moon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yantai Moon stock have on its future price. Yantai Moon 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, Yantai Moon autocorrelation shows the relationship between Yantai Moon stock current value and its past values and can show if there is a momentum factor associated with investing in Yantai Moon Co.
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 Yantai Stock
Yantai Moon financial ratios help investors to determine whether Yantai 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 Yantai with respect to the benefits of owning Yantai Moon security.