Dongrui Food (China) Market Value
| 001201 Stock | 16.31 0.16 0.99% |
| Symbol | Dongrui |
Dongrui Food '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 Dongrui Food'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 Dongrui Food.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dongrui Food on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Dongrui Food Group or generate 0.0% return on investment in Dongrui Food over 180 days. Dongrui Food is related to or competes with Beijing Wantai, Aluminum Corp, COL Digital, Shaanxi Meineng, Gansu Huangtai, and Threes Company. Dongrui Food is entity of China. It is traded as Stock on SHE exchange. More
Dongrui Food 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 Dongrui Food'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 Dongrui Food Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.0061 | |||
| Maximum Drawdown | 18.41 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 5.4 |
Dongrui Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dongrui Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dongrui Food's standard deviation. In reality, there are many statistical measures that can use Dongrui Food historical prices to predict the future Dongrui Food's volatility.| Risk Adjusted Performance | 0.0506 | |||
| Jensen Alpha | 0.1091 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0061 | |||
| Treynor Ratio | 0.5232 |
Dongrui Food Group Backtested Returns
At this point, Dongrui Food is somewhat reliable. Dongrui Food Group secures Sharpe Ratio (or Efficiency) of 0.067, which denotes the company had a 0.067% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dongrui Food Group, which you can use to evaluate the volatility of the firm. Please confirm Dongrui Food's Downside Deviation of 2.73, mean deviation of 1.97, and Coefficient Of Variation of 1760.44 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Dongrui Food has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Dongrui Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dongrui Food is expected to be smaller as well. Dongrui Food Group right now shows a risk of 2.81%. Please confirm Dongrui Food Group coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Dongrui Food Group will be following its price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Dongrui Food Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Dongrui Food time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Dongrui Food Group price movement. The serial correlation of -0.77 indicates that around 77.0% of current Dongrui Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
Dongrui Food Group lagged returns against current returns
Autocorrelation, which is Dongrui Food 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 Dongrui Food's stock expected returns. We can calculate the autocorrelation of Dongrui Food returns to help us make a trade decision. For example, suppose you find that Dongrui Food 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 |
Dongrui Food 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 Dongrui Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dongrui Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dongrui Food stock over time.
Current vs Lagged Prices |
| Timeline |
Dongrui Food Lagged Returns
When evaluating Dongrui Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dongrui Food stock have on its future price. Dongrui Food 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, Dongrui Food autocorrelation shows the relationship between Dongrui Food stock current value and its past values and can show if there is a momentum factor associated with investing in Dongrui Food Group.
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 Dongrui Stock
Dongrui Food financial ratios help investors to determine whether Dongrui 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 Dongrui with respect to the benefits of owning Dongrui Food security.