Yunnan Yuntou (China) Market Value
| 002200 Stock | 6.37 0.01 0.16% |
| Symbol | Yunnan |
Yunnan Yuntou '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 Yunnan Yuntou'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 Yunnan Yuntou.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Yunnan Yuntou on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Yunnan Yuntou Ecology or generate 0.0% return on investment in Yunnan Yuntou over 180 days. Yunnan Yuntou is related to or competes with Huafa Industrial, Chengtun Mining, Gansu Yasheng, Rising Nonferrous, Hengli Industrial, Anhui Jinhe, and Yunnan Xiyi. Yunnan Yuntou is entity of China. It is traded as Stock on SHE exchange. More
Yunnan Yuntou 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 Yunnan Yuntou'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 Yunnan Yuntou Ecology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1202 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.36 |
Yunnan Yuntou Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Yuntou's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Yuntou's standard deviation. In reality, there are many statistical measures that can use Yunnan Yuntou historical prices to predict the future Yunnan Yuntou's volatility.| Risk Adjusted Performance | 0.1468 | |||
| Jensen Alpha | 0.3653 | |||
| Total Risk Alpha | 0.0439 | |||
| Sortino Ratio | 0.1284 | |||
| Treynor Ratio | 31.88 |
Yunnan Yuntou Ecology Backtested Returns
Yunnan Yuntou appears to be somewhat reliable, given 3 months investment horizon. Yunnan Yuntou Ecology shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yunnan Yuntou Ecology, which you can use to evaluate the volatility of the company. Please utilize Yunnan Yuntou's Market Risk Adjusted Performance of 31.89, mean deviation of 1.59, and Downside Deviation of 1.92 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yunnan Yuntou holds a performance score of 16. The firm maintains a market beta of 0.0115, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yunnan Yuntou's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yunnan Yuntou is expected to be smaller as well. Please check Yunnan Yuntou's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Yunnan Yuntou's historical returns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Yunnan Yuntou Ecology has modest reverse predictability. Overlapping area represents the amount of predictability between Yunnan Yuntou time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 Yunnan Yuntou Ecology price movement. The serial correlation of -0.5 indicates that about 50.0% of current Yunnan Yuntou price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Yunnan Yuntou Ecology lagged returns against current returns
Autocorrelation, which is Yunnan Yuntou 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 Yunnan Yuntou's stock expected returns. We can calculate the autocorrelation of Yunnan Yuntou returns to help us make a trade decision. For example, suppose you find that Yunnan Yuntou 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 |
Yunnan Yuntou 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 Yunnan Yuntou stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Yuntou stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Yuntou stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Yuntou Lagged Returns
When evaluating Yunnan Yuntou's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Yuntou stock have on its future price. Yunnan Yuntou 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, Yunnan Yuntou autocorrelation shows the relationship between Yunnan Yuntou stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Yuntou Ecology.
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 Yunnan Stock
Yunnan Yuntou financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Yuntou security.