Topsec Technologies (China) Market Value
| 002212 Stock | 7.18 0.04 0.56% |
| Symbol | Topsec |
Topsec Technologies '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 Topsec Technologies' 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 Topsec Technologies.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Topsec Technologies on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Topsec Technologies Group or generate 0.0% return on investment in Topsec Technologies over 150 days. Topsec Technologies is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and Ping An. Topsec Technologies is entity of China. It is traded as Stock on SHE exchange. More
Topsec Technologies 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 Topsec Technologies' 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 Topsec Technologies Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.94 |
Topsec Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Topsec Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Topsec Technologies' standard deviation. In reality, there are many statistical measures that can use Topsec Technologies historical prices to predict the future Topsec Technologies' volatility.| Risk Adjusted Performance | 0.0852 | |||
| Jensen Alpha | 0.2924 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0682 | |||
| Treynor Ratio | 0.6499 |
Topsec Technologies Backtested Returns
At this point, Topsec Technologies is slightly risky. Topsec Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0362, which indicates the firm had a 0.0362 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Topsec Technologies Group, which you can use to evaluate the volatility of the company. Please validate Topsec Technologies' Risk Adjusted Performance of 0.0852, semi deviation of 3.32, and Coefficient Of Variation of 1078.25 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Topsec Technologies has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Topsec Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Topsec Technologies is expected to be smaller as well. Topsec Technologies right now has a risk of 3.1%. Please validate Topsec Technologies downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Topsec Technologies will be following its existing price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Topsec Technologies Group has good reverse predictability. Overlapping area represents the amount of predictability between Topsec Technologies time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Topsec Technologies price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Topsec Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Topsec Technologies lagged returns against current returns
Autocorrelation, which is Topsec Technologies 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 Topsec Technologies' stock expected returns. We can calculate the autocorrelation of Topsec Technologies returns to help us make a trade decision. For example, suppose you find that Topsec Technologies 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 |
Topsec Technologies 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 Topsec Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Topsec Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Topsec Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Topsec Technologies Lagged Returns
When evaluating Topsec Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Topsec Technologies stock have on its future price. Topsec Technologies 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, Topsec Technologies autocorrelation shows the relationship between Topsec Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Topsec Technologies Group.
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 Topsec Stock
Topsec Technologies financial ratios help investors to determine whether Topsec 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 Topsec with respect to the benefits of owning Topsec Technologies security.