China Minmetals' market value is the price at which a share of China Minmetals trades on a public exchange. It measures the collective expectations of China Minmetals Rare investors about its performance. China Minmetals is trading at 31.24 as of the 25th of March 2025, a 0.06 percent decrease since the beginning of the trading day. The stock's open price was 31.26. With this module, you can estimate the performance of a buy and hold strategy of China Minmetals Rare and determine expected loss or profit from investing in China Minmetals over a given investment horizon. Check out China Minmetals Correlation, China Minmetals Volatility and China Minmetals Alpha and Beta module to complement your research on China Minmetals.
Please note, there is a significant difference between China Minmetals' value and its price as these two are different measures arrived at by different means. Investors typically determine if China Minmetals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Minmetals' 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.
China Minmetals '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 China Minmetals' 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 China Minmetals.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure China Minmetals' 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 China Minmetals Rare 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 China Minmetals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Minmetals' standard deviation. In reality, there are many statistical measures that can use China Minmetals historical prices to predict the future China Minmetals' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Minmetals. Your research has to be compared to or analyzed against China Minmetals' peers to derive any actionable benefits. When done correctly, China Minmetals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in China Minmetals Rare.
China Minmetals Rare Backtested Returns
At this point, China Minmetals is very steady. China Minmetals Rare secures Sharpe Ratio (or Efficiency) of 0.0814, which signifies that the company had a 0.0814 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Minmetals Rare, which you can use to evaluate the volatility of the firm. Please confirm China Minmetals' Mean Deviation of 1.59, downside deviation of 1.87, and Risk Adjusted Performance of 0.0235 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. China Minmetals has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0525, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Minmetals are expected to decrease at a much lower rate. During the bear market, China Minmetals is likely to outperform the market. China Minmetals Rare right now shows a risk of 2.37%. Please confirm China Minmetals Rare market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if China Minmetals Rare will be following its price patterns.
Auto-correlation
-0.73
Almost perfect reverse predictability
China Minmetals Rare has almost perfect reverse predictability. Overlapping area represents the amount of predictability between China Minmetals time series from 23rd of February 2025 to 10th of March 2025 and 10th of March 2025 to 25th of March 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 China Minmetals Rare price movement. The serial correlation of -0.73 indicates that around 73.0% of current China Minmetals price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.73
Spearman Rank Test
-0.05
Residual Average
0.0
Price Variance
0.71
China Minmetals Rare lagged returns against current returns
Autocorrelation, which is China Minmetals 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 China Minmetals' stock expected returns. We can calculate the autocorrelation of China Minmetals returns to help us make a trade decision. For example, suppose you find that China Minmetals 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
China Minmetals 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 China Minmetals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Minmetals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Minmetals stock over time.
Current vs Lagged Prices
Timeline
China Minmetals Lagged Returns
When evaluating China Minmetals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Minmetals stock have on its future price. China Minmetals 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, China Minmetals autocorrelation shows the relationship between China Minmetals stock current value and its past values and can show if there is a momentum factor associated with investing in China Minmetals Rare.
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.
China Minmetals financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Minmetals security.