Focus Media (China) Market Value
| 002027 Stock | 6.87 0.07 1.01% |
| Symbol | Focus |
Focus Media '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 Focus Media'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 Focus Media.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Focus Media on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Focus Media Information or generate 0.0% return on investment in Focus Media over 360 days. Focus Media is related to or competes with China State, Huafa Industrial, China International, Kweichow Moutai, and Contemporary Amperex. Focus Media is entity of China. It is traded as Stock on SHE exchange. More
Focus Media 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 Focus Media'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 Focus Media Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 5.09 |
Focus Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Focus Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Focus Media's standard deviation. In reality, there are many statistical measures that can use Focus Media historical prices to predict the future Focus Media's volatility.| Risk Adjusted Performance | 0.1017 | |||
| Jensen Alpha | 0.3488 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0861 | |||
| Treynor Ratio | (0.91) |
Focus Media Information Backtested Returns
Focus Media appears to be slightly risky, given 3 months investment horizon. Focus Media Information secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Focus Media Information, which you can use to evaluate the volatility of the firm. Please utilize Focus Media's Downside Deviation of 2.18, mean deviation of 1.8, and Semi Deviation of 1.82 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Focus Media holds a performance score of 12. The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Focus Media are expected to decrease at a much lower rate. During the bear market, Focus Media is likely to outperform the market. Please check Focus Media's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Focus Media's price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
Focus Media Information has good predictability. Overlapping area represents the amount of predictability between Focus Media time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 Focus Media Information price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Focus Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Focus Media Information lagged returns against current returns
Autocorrelation, which is Focus Media 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 Focus Media's stock expected returns. We can calculate the autocorrelation of Focus Media returns to help us make a trade decision. For example, suppose you find that Focus Media 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 |
Focus Media 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 Focus Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Focus Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Focus Media stock over time.
Current vs Lagged Prices |
| Timeline |
Focus Media Lagged Returns
When evaluating Focus Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Focus Media stock have on its future price. Focus Media 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, Focus Media autocorrelation shows the relationship between Focus Media stock current value and its past values and can show if there is a momentum factor associated with investing in Focus Media Information.
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 Focus Stock
Focus Media financial ratios help investors to determine whether Focus 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 Focus with respect to the benefits of owning Focus Media security.