De Rucci (China) Market Value
| 001323 Stock | 38.15 0.70 1.87% |
| Symbol | 001323 |
De Rucci '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 De Rucci'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 De Rucci.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in De Rucci on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding De Rucci Healthy or generate 0.0% return on investment in De Rucci over 510 days. De Rucci is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. De Rucci is entity of China. It is traded as Stock on SHE exchange. More
De Rucci 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 De Rucci'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 De Rucci Healthy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1576 | |||
| Maximum Drawdown | 15.94 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 4.13 |
De Rucci Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for De Rucci's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as De Rucci's standard deviation. In reality, there are many statistical measures that can use De Rucci historical prices to predict the future De Rucci's volatility.| Risk Adjusted Performance | 0.1674 | |||
| Jensen Alpha | 0.4987 | |||
| Total Risk Alpha | 0.1245 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | 9.49 |
De Rucci Healthy Backtested Returns
De Rucci appears to be very steady, given 3 months investment horizon. De Rucci Healthy retains Efficiency (Sharpe Ratio) of 0.22, which denotes the company had a 0.22% return per unit of price deviation over the last 3 months. By analyzing De Rucci's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize De Rucci's Downside Deviation of 2.34, standard deviation of 2.45, and Market Risk Adjusted Performance of 9.5 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, De Rucci holds a performance score of 17. The firm owns a Beta (Systematic Risk) of 0.0532, which means not very significant fluctuations relative to the market. As returns on the market increase, De Rucci's returns are expected to increase less than the market. However, during the bear market, the loss of holding De Rucci is expected to be smaller as well. Please check De Rucci's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether De Rucci's current price history will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
De Rucci Healthy has very weak reverse predictability. Overlapping area represents the amount of predictability between De Rucci time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 De Rucci Healthy price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current De Rucci price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 10.25 |
De Rucci Healthy lagged returns against current returns
Autocorrelation, which is De Rucci 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 De Rucci's stock expected returns. We can calculate the autocorrelation of De Rucci returns to help us make a trade decision. For example, suppose you find that De Rucci 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 |
De Rucci 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 De Rucci stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if De Rucci stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in De Rucci stock over time.
Current vs Lagged Prices |
| Timeline |
De Rucci Lagged Returns
When evaluating De Rucci's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of De Rucci stock have on its future price. De Rucci 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, De Rucci autocorrelation shows the relationship between De Rucci stock current value and its past values and can show if there is a momentum factor associated with investing in De Rucci Healthy.
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 001323 Stock
De Rucci financial ratios help investors to determine whether 001323 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 001323 with respect to the benefits of owning De Rucci security.