China Longyuan (China) Market Value
| 001289 Stock | 15.00 0.16 1.08% |
| Symbol | China |
China Longyuan '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 Longyuan'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 China Longyuan.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in China Longyuan on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding China Longyuan Power or generate 0.0% return on investment in China Longyuan over 30 days. China Longyuan is related to or competes with Ningbo Fangzheng, CSSC Offshore, Anhui Deli, Beijing Bewinner, Dongfeng Automobile, and Guangxi Wuzhou. China Longyuan is entity of China. It is traded as Stock on SHE exchange. More
China Longyuan 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 China Longyuan'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 China Longyuan Power upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.36 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 4.04 |
China Longyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Longyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Longyuan's standard deviation. In reality, there are many statistical measures that can use China Longyuan historical prices to predict the future China Longyuan's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.7957 |
China Longyuan Power Backtested Returns
China Longyuan Power secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16 % return per unit of risk over the last 3 months. China Longyuan Power exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Longyuan's Risk Adjusted Performance of (0.1), mean deviation of 1.33, and Standard Deviation of 1.98 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning China Longyuan are expected to decrease at a much lower rate. During the bear market, China Longyuan is likely to outperform the market. At this point, China Longyuan Power has a negative expected return of -0.28%. Please make sure to confirm China Longyuan's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if China Longyuan Power performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
China Longyuan Power has below average predictability. Overlapping area represents the amount of predictability between China Longyuan 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 China Longyuan Power price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current China Longyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
China Longyuan Power lagged returns against current returns
Autocorrelation, which is China Longyuan 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 Longyuan's stock expected returns. We can calculate the autocorrelation of China Longyuan returns to help us make a trade decision. For example, suppose you find that China Longyuan 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 Longyuan 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 Longyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Longyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Longyuan stock over time.
Current vs Lagged Prices |
| Timeline |
China Longyuan Lagged Returns
When evaluating China Longyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Longyuan stock have on its future price. China Longyuan 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 Longyuan autocorrelation shows the relationship between China Longyuan stock current value and its past values and can show if there is a momentum factor associated with investing in China Longyuan Power.
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 China Stock
China Longyuan 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 Longyuan security.