Titan Wind (China) Market Value
| 002531 Stock | 8.96 0.01 0.11% |
| Symbol | Titan |
Titan Wind '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 Titan Wind'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 Titan Wind.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Titan Wind on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Titan Wind Energy or generate 0.0% return on investment in Titan Wind over 720 days. Titan Wind is related to or competes with China State, Poly Real, China Vanke, China Merchants, Huafa Industrial, China International, and Kweichow Moutai. Titan Wind is entity of China. It is traded as Stock on SHE exchange. More
Titan Wind 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 Titan Wind'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 Titan Wind Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 15.86 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 6.91 |
Titan Wind Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Titan Wind's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Titan Wind's standard deviation. In reality, there are many statistical measures that can use Titan Wind historical prices to predict the future Titan Wind's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 0.4844 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1175 | |||
| Treynor Ratio | (1.49) |
Titan Wind Energy Backtested Returns
Titan Wind appears to be slightly risky, given 3 months investment horizon. Titan Wind Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Titan Wind's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Titan Wind's Semi Deviation of 2.49, coefficient of variation of 773.92, and Risk Adjusted Performance of 0.1013 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Titan Wind holds a performance score of 11. The entity has a beta of -0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Titan Wind are expected to decrease at a much lower rate. During the bear market, Titan Wind is likely to outperform the market. Please check Titan Wind's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Titan Wind's existing price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Titan Wind Energy has good predictability. Overlapping area represents the amount of predictability between Titan Wind time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 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 Titan Wind Energy price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Titan Wind price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
Titan Wind Energy lagged returns against current returns
Autocorrelation, which is Titan Wind 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 Titan Wind's stock expected returns. We can calculate the autocorrelation of Titan Wind returns to help us make a trade decision. For example, suppose you find that Titan Wind 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 |
Titan Wind 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 Titan Wind stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Titan Wind stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Titan Wind stock over time.
Current vs Lagged Prices |
| Timeline |
Titan Wind Lagged Returns
When evaluating Titan Wind's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Titan Wind stock have on its future price. Titan Wind 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, Titan Wind autocorrelation shows the relationship between Titan Wind stock current value and its past values and can show if there is a momentum factor associated with investing in Titan Wind Energy.
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 Titan Stock
Titan Wind financial ratios help investors to determine whether Titan 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 Titan with respect to the benefits of owning Titan Wind security.