Beijing Bewinner (China) Market Value
| 002148 Stock | 6.34 0.06 0.94% |
| Symbol | Beijing |
Beijing Bewinner '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 Beijing Bewinner'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 Beijing Bewinner.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Beijing Bewinner on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Beijing Bewinner Communications or generate 0.0% return on investment in Beijing Bewinner over 690 days. Beijing Bewinner is related to or competes with BYD Co, Agricultural Bank, Industrial, China State, China Construction, PetroChina, and China Petroleum. Beijing Bewinner is entity of China. It is traded as Stock on SHE exchange. More
Beijing Bewinner 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 Beijing Bewinner'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 Beijing Bewinner Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | 0.1277 | |||
| Maximum Drawdown | 20.18 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 5.7 |
Beijing Bewinner Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Bewinner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Bewinner's standard deviation. In reality, there are many statistical measures that can use Beijing Bewinner historical prices to predict the future Beijing Bewinner's volatility.| Risk Adjusted Performance | 0.1345 | |||
| Jensen Alpha | 0.5194 | |||
| Total Risk Alpha | 0.0394 | |||
| Sortino Ratio | 0.1211 | |||
| Treynor Ratio | 3.12 |
Beijing Bewinner Com Backtested Returns
Beijing Bewinner appears to be slightly risky, given 3 months investment horizon. Beijing Bewinner Com secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Beijing Bewinner's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Beijing Bewinner's Downside Deviation of 3.5, risk adjusted performance of 0.1345, and Mean Deviation of 2.49 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Bewinner holds a performance score of 14. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beijing Bewinner's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing Bewinner is expected to be smaller as well. Please check Beijing Bewinner'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 Beijing Bewinner's price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Beijing Bewinner Communications has weak predictability. Overlapping area represents the amount of predictability between Beijing Bewinner time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Beijing Bewinner Com price movement. The serial correlation of 0.22 indicates that over 22.0% of current Beijing Bewinner price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Beijing Bewinner Com lagged returns against current returns
Autocorrelation, which is Beijing Bewinner 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 Beijing Bewinner's stock expected returns. We can calculate the autocorrelation of Beijing Bewinner returns to help us make a trade decision. For example, suppose you find that Beijing Bewinner 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 |
Beijing Bewinner 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 Beijing Bewinner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Bewinner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Bewinner stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Bewinner Lagged Returns
When evaluating Beijing Bewinner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Bewinner stock have on its future price. Beijing Bewinner 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, Beijing Bewinner autocorrelation shows the relationship between Beijing Bewinner stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Bewinner Communications.
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 Beijing Stock
Beijing Bewinner financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Bewinner security.