LianChuang Electronic (China) Market Value
| 002036 Stock | 10.64 0.97 10.03% |
| Symbol | LianChuang |
LianChuang Electronic '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 LianChuang Electronic'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 LianChuang Electronic.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in LianChuang Electronic on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding LianChuang Electronic Technology or generate 0.0% return on investment in LianChuang Electronic over 180 days. LianChuang Electronic is related to or competes with Agricultural Bank, China Construction, Postal Savings, Bank of Communications, Ping An, and Industrial Bank. LianChuang Electronic is entity of China More
LianChuang Electronic 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 LianChuang Electronic'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 LianChuang Electronic Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.1 | |||
| Information Ratio | 0.1208 | |||
| Maximum Drawdown | 20.11 | |||
| Value At Risk | (8.41) | |||
| Potential Upside | 10.03 |
LianChuang Electronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LianChuang Electronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LianChuang Electronic's standard deviation. In reality, there are many statistical measures that can use LianChuang Electronic historical prices to predict the future LianChuang Electronic's volatility.| Risk Adjusted Performance | 0.1215 | |||
| Jensen Alpha | 0.7094 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 2.96 |
LianChuang Electronic Backtested Returns
LianChuang Electronic appears to be slightly risky, given 3 months investment horizon. LianChuang Electronic has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing LianChuang Electronic's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise LianChuang Electronic's Mean Deviation of 3.87, downside deviation of 5.1, and Risk Adjusted Performance of 0.1215 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, LianChuang Electronic holds a performance score of 11. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LianChuang Electronic's returns are expected to increase less than the market. However, during the bear market, the loss of holding LianChuang Electronic is expected to be smaller as well. Please check LianChuang Electronic's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether LianChuang Electronic's current price movements will revert.
Auto-correlation | -0.42 |
Modest reverse predictability
LianChuang Electronic Technology has modest reverse predictability. Overlapping area represents the amount of predictability between LianChuang Electronic 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 LianChuang Electronic price movement. The serial correlation of -0.42 indicates that just about 42.0% of current LianChuang Electronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
LianChuang Electronic lagged returns against current returns
Autocorrelation, which is LianChuang Electronic 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 LianChuang Electronic's stock expected returns. We can calculate the autocorrelation of LianChuang Electronic returns to help us make a trade decision. For example, suppose you find that LianChuang Electronic 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 |
LianChuang Electronic 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 LianChuang Electronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LianChuang Electronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LianChuang Electronic stock over time.
Current vs Lagged Prices |
| Timeline |
LianChuang Electronic Lagged Returns
When evaluating LianChuang Electronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LianChuang Electronic stock have on its future price. LianChuang Electronic 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, LianChuang Electronic autocorrelation shows the relationship between LianChuang Electronic stock current value and its past values and can show if there is a momentum factor associated with investing in LianChuang Electronic Technology.
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 LianChuang Stock
LianChuang Electronic financial ratios help investors to determine whether LianChuang 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 LianChuang with respect to the benefits of owning LianChuang Electronic security.