Shanghai Yaoji's market value is the price at which a share of Shanghai Yaoji trades on a public exchange. It measures the collective expectations of Shanghai Yaoji Playing investors about its performance. Shanghai Yaoji is trading at 27.60 as of the 18th of January 2025, a 4.99 percent decrease since the beginning of the trading day. The stock's open price was 29.05. With this module, you can estimate the performance of a buy and hold strategy of Shanghai Yaoji Playing and determine expected loss or profit from investing in Shanghai Yaoji over a given investment horizon. Check out Shanghai Yaoji Correlation, Shanghai Yaoji Volatility and Shanghai Yaoji Alpha and Beta module to complement your research on Shanghai Yaoji.
Please note, there is a significant difference between Shanghai Yaoji's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shanghai Yaoji is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai Yaoji's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Shanghai Yaoji '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 Shanghai Yaoji'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 Shanghai Yaoji.
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01/29/2023
No Change 0.00
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In 1 year 11 months and 21 days
01/18/2025
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If you would invest 0.00 in Shanghai Yaoji on January 29, 2023 and sell it all today you would earn a total of 0.00 from holding Shanghai Yaoji Playing or generate 0.0% return on investment in Shanghai Yaoji over 720 days. Shanghai Yaoji is related to or competes with Guangzhou KDT, Hongrun Construction, Huasi Agricultural, Hunan Tyen, Shenzhen Noposion, Weichai Heavy, and Jinlong Machinery. Shanghai Yaoji is entity of China. It is traded as Stock on SHE exchange. More
Shanghai Yaoji 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 Shanghai Yaoji'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 Shanghai Yaoji Playing upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Yaoji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Yaoji's standard deviation. In reality, there are many statistical measures that can use Shanghai Yaoji historical prices to predict the future Shanghai Yaoji's volatility.
At this point, Shanghai Yaoji is not too volatile. Shanghai Yaoji Playing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0062, which indicates the firm had a 0.0062% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shanghai Yaoji Playing, which you can use to evaluate the volatility of the company. Please validate Shanghai Yaoji's Risk Adjusted Performance of 0.0626, semi deviation of 3.63, and Coefficient Of Variation of 1531.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.0258%. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shanghai Yaoji's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Yaoji is expected to be smaller as well. Shanghai Yaoji Playing right now has a risk of 4.14%. Please validate Shanghai Yaoji market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Shanghai Yaoji will be following its existing price patterns.
Auto-correlation
-0.42
Modest reverse predictability
Shanghai Yaoji Playing has modest reverse predictability. Overlapping area represents the amount of predictability between Shanghai Yaoji time series from 29th of January 2023 to 24th of January 2024 and 24th of January 2024 to 18th of January 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 Shanghai Yaoji Playing price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Shanghai Yaoji price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.42
Spearman Rank Test
-0.26
Residual Average
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Price Variance
17.73
Shanghai Yaoji Playing lagged returns against current returns
Autocorrelation, which is Shanghai Yaoji 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 Shanghai Yaoji's stock expected returns. We can calculate the autocorrelation of Shanghai Yaoji returns to help us make a trade decision. For example, suppose you find that Shanghai Yaoji 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
Shanghai Yaoji 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 Shanghai Yaoji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Yaoji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Yaoji stock over time.
Current vs Lagged Prices
Timeline
Shanghai Yaoji Lagged Returns
When evaluating Shanghai Yaoji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Yaoji stock have on its future price. Shanghai Yaoji 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, Shanghai Yaoji autocorrelation shows the relationship between Shanghai Yaoji stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Yaoji Playing.
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.
Shanghai Yaoji financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Yaoji security.