Yunnan Xiyi (China) Market Value
| 002265 Stock | 10.96 0.03 0.27% |
| Symbol | Yunnan |
Yunnan Xiyi '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 Xiyi'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 Xiyi.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Yunnan Xiyi on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Yunnan Xiyi Industrial or generate 0.0% return on investment in Yunnan Xiyi over 30 days. Yunnan Xiyi is related to or competes with Jinyu Bio, Eyebright Medical, Arrow Home, Vontron Technology, Southern PublishingMedia, Changjiang Publishing, and Kingsignal Technology. Yunnan Xiyi is entity of China. It is traded as Stock on SHE exchange. More
Yunnan Xiyi 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 Xiyi'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 Xiyi Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.0946 | |||
| Maximum Drawdown | 17.4 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 5.62 |
Yunnan Xiyi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Xiyi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Xiyi's standard deviation. In reality, there are many statistical measures that can use Yunnan Xiyi historical prices to predict the future Yunnan Xiyi's volatility.| Risk Adjusted Performance | 0.1089 | |||
| Jensen Alpha | 0.4529 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | (2.39) |
Yunnan Xiyi Industrial Backtested Returns
Yunnan Xiyi appears to be somewhat reliable, given 3 months investment horizon. Yunnan Xiyi Industrial shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. By examining Yunnan Xiyi's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Yunnan Xiyi's Mean Deviation of 2.46, downside deviation of 2.8, and Market Risk Adjusted Performance of (2.38) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yunnan Xiyi holds a performance score of 12. The firm maintains a market beta of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yunnan Xiyi are expected to decrease at a much lower rate. During the bear market, Yunnan Xiyi is likely to outperform the market. Please check Yunnan Xiyi's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Yunnan Xiyi's historical returns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Yunnan Xiyi Industrial has very good reverse predictability. Overlapping area represents the amount of predictability between Yunnan Xiyi time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Xiyi Industrial price movement. The serial correlation of -0.69 indicates that around 69.0% of current Yunnan Xiyi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Yunnan Xiyi Industrial lagged returns against current returns
Autocorrelation, which is Yunnan Xiyi 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 Xiyi's stock expected returns. We can calculate the autocorrelation of Yunnan Xiyi returns to help us make a trade decision. For example, suppose you find that Yunnan Xiyi 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 Xiyi 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 Xiyi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Xiyi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Xiyi stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Xiyi Lagged Returns
When evaluating Yunnan Xiyi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Xiyi stock have on its future price. Yunnan Xiyi 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 Xiyi autocorrelation shows the relationship between Yunnan Xiyi stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Xiyi Industrial.
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 Xiyi 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 Xiyi security.