Shenzhen Fastprint (China) Market Value
| 002436 Stock | 11.50 0.13 1.12% |
| Symbol | Shenzhen |
Shenzhen Fastprint '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 Shenzhen Fastprint'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 Shenzhen Fastprint.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Shenzhen Fastprint on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Shenzhen Fastprint Circuit or generate 0.0% return on investment in Shenzhen Fastprint over 180 days. Shenzhen Fastprint is related to or competes with Henan Shuanghui, Cultural Investment, Kunwu Jiuding, Zhongrun Resources, Luyin Investment, Tieling Newcity, and Jointo Energy. Shenzhen Fastprint is entity of China. It is traded as Stock on SHE exchange. More
Shenzhen Fastprint 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 Shenzhen Fastprint'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 Shenzhen Fastprint Circuit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.66 | |||
| Information Ratio | 0.1075 | |||
| Maximum Drawdown | 19.62 | |||
| Value At Risk | (6.08) | |||
| Potential Upside | 9.91 |
Shenzhen Fastprint Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Fastprint's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Fastprint's standard deviation. In reality, there are many statistical measures that can use Shenzhen Fastprint historical prices to predict the future Shenzhen Fastprint's volatility.| Risk Adjusted Performance | 0.1136 | |||
| Jensen Alpha | 0.4291 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1241 | |||
| Treynor Ratio | 0.4725 |
Shenzhen Fastprint Backtested Returns
Shenzhen Fastprint appears to be somewhat reliable, given 3 months investment horizon. Shenzhen Fastprint owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Shenzhen Fastprint's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Shenzhen Fastprint's Coefficient Of Variation of 724.95, semi deviation of 3.36, and Risk Adjusted Performance of 0.1136 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenzhen Fastprint holds a performance score of 10. The entity has a beta of 1.21, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shenzhen Fastprint will likely underperform. Please check Shenzhen Fastprint's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shenzhen Fastprint's existing price patterns will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Shenzhen Fastprint Circuit has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Shenzhen Fastprint time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Shenzhen Fastprint price movement. The serial correlation of -0.79 indicates that around 79.0% of current Shenzhen Fastprint price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 2.44 |
Shenzhen Fastprint lagged returns against current returns
Autocorrelation, which is Shenzhen Fastprint 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 Shenzhen Fastprint's stock expected returns. We can calculate the autocorrelation of Shenzhen Fastprint returns to help us make a trade decision. For example, suppose you find that Shenzhen Fastprint 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 |
Shenzhen Fastprint 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 Shenzhen Fastprint stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Fastprint stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Fastprint stock over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Fastprint Lagged Returns
When evaluating Shenzhen Fastprint's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Fastprint stock have on its future price. Shenzhen Fastprint 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, Shenzhen Fastprint autocorrelation shows the relationship between Shenzhen Fastprint stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Fastprint Circuit.
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 Shenzhen Stock
Shenzhen Fastprint financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Fastprint security.