Beijing Lier (China) Market Value
| 002392 Stock | 4.95 0.06 1.20% |
| Symbol | Beijing |
Beijing Lier '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 Lier'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 Lier.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Beijing Lier on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Beijing Lier High or generate 0.0% return on investment in Beijing Lier over 720 days. Beijing Lier is related to or competes with Xiamen Bank, China Minmetals, HeNan Splendor, JCHX Mining, Beijing HuaYuanYiTong, Zhejiang Yongjin, and Jiangxi Copper. Beijing Lier is entity of China. It is traded as Stock on SHE exchange. More
Beijing Lier 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 Lier'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 Lier High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0586 | |||
| Maximum Drawdown | 14.12 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 4.66 |
Beijing Lier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Lier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Lier's standard deviation. In reality, there are many statistical measures that can use Beijing Lier historical prices to predict the future Beijing Lier's volatility.| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.1221 | |||
| Total Risk Alpha | 0.2059 | |||
| Sortino Ratio | 0.0655 | |||
| Treynor Ratio | (0.68) |
Beijing Lier High Backtested Returns
At this point, Beijing Lier is slightly risky. Beijing Lier High secures Sharpe Ratio (or Efficiency) of 0.0328, which signifies that the company had a 0.0328 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Beijing Lier High, which you can use to evaluate the volatility of the firm. Please confirm Beijing Lier's Risk Adjusted Performance of 0.0465, downside deviation of 2.28, and Mean Deviation of 1.92 to double-check if the risk estimate we provide is consistent with the expected return of 0.0845%. Beijing Lier has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Lier are expected to decrease at a much lower rate. During the bear market, Beijing Lier is likely to outperform the market. Beijing Lier High right now shows a risk of 2.57%. Please confirm Beijing Lier High market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Beijing Lier High will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Beijing Lier High has insignificant reverse predictability. Overlapping area represents the amount of predictability between Beijing Lier time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 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 Beijing Lier High price movement. The serial correlation of -0.2 indicates that over 20.0% of current Beijing Lier price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Beijing Lier High lagged returns against current returns
Autocorrelation, which is Beijing Lier 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 Lier's stock expected returns. We can calculate the autocorrelation of Beijing Lier returns to help us make a trade decision. For example, suppose you find that Beijing Lier 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 Lier 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 Lier stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Lier stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Lier stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Lier Lagged Returns
When evaluating Beijing Lier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Lier stock have on its future price. Beijing Lier 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 Lier autocorrelation shows the relationship between Beijing Lier stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Lier High.
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 Lier 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 Lier security.