Ciwen Media (China) Market Value
| 002343 Stock | 6.24 0.09 1.42% |
| Symbol | Ciwen |
Ciwen Media '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 Ciwen Media'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 Ciwen Media.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Ciwen Media on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Ciwen Media Co or generate 0.0% return on investment in Ciwen Media over 360 days. Ciwen Media is related to or competes with Humanwell Healthcare, Xinjiang Beixin, Hainan Haiqi, Chengdu Xinzhu, Guangzhou Seagull, Heilongjiang Transport, and Jahen Household. More
Ciwen Media 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 Ciwen Media'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 Ciwen Media Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.97 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.48 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 4.93 |
Ciwen Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ciwen Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ciwen Media's standard deviation. In reality, there are many statistical measures that can use Ciwen Media historical prices to predict the future Ciwen Media's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0366 |
Ciwen Media Backtested Returns
At this point, Ciwen Media is slightly risky. Ciwen Media secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ciwen Media Co, which you can use to evaluate the volatility of the firm. Please confirm Ciwen Media's Downside Deviation of 3.97, mean deviation of 2.45, and Risk Adjusted Performance of 0.0144 to double-check if the risk estimate we provide is consistent with the expected return of 0.0278%. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ciwen Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ciwen Media is expected to be smaller as well. Ciwen Media right now shows a risk of 3.36%. Please confirm Ciwen Media sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Ciwen Media will be following its price patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Ciwen Media Co has weak reverse predictability. Overlapping area represents the amount of predictability between Ciwen Media time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 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 Ciwen Media price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Ciwen Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Ciwen Media lagged returns against current returns
Autocorrelation, which is Ciwen Media 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 Ciwen Media's stock expected returns. We can calculate the autocorrelation of Ciwen Media returns to help us make a trade decision. For example, suppose you find that Ciwen Media 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 |
Ciwen Media 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 Ciwen Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ciwen Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ciwen Media stock over time.
Current vs Lagged Prices |
| Timeline |
Ciwen Media Lagged Returns
When evaluating Ciwen Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ciwen Media stock have on its future price. Ciwen Media 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, Ciwen Media autocorrelation shows the relationship between Ciwen Media stock current value and its past values and can show if there is a momentum factor associated with investing in Ciwen Media Co.
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 Ciwen Stock
Ciwen Media financial ratios help investors to determine whether Ciwen 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 Ciwen with respect to the benefits of owning Ciwen Media security.