Yunnan Hongxiang (China) Market Value
| 002727 Stock | 12.83 0.15 1.16% |
| Symbol | Yunnan |
Yunnan Hongxiang '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 Yunnan Hongxiang'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 Yunnan Hongxiang.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Yunnan Hongxiang on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Yunnan Hongxiang Yixintang or generate 0.0% return on investment in Yunnan Hongxiang over 30 days. Yunnan Hongxiang is related to or competes with Ciwen Media, Tianjin Silvery, Tibet Huayu, Chengtun Mining, Hainan Mining, Southern PublishingMedia, and Huawen Media. Yunnan Hongxiang is entity of China. It is traded as Stock on SHE exchange. More
Yunnan Hongxiang 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 Yunnan Hongxiang'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 Yunnan Hongxiang Yixintang upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.6 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.0 |
Yunnan Hongxiang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Hongxiang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Hongxiang's standard deviation. In reality, there are many statistical measures that can use Yunnan Hongxiang historical prices to predict the future Yunnan Hongxiang's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.4983 |
Yunnan Hongxiang Yix Backtested Returns
Yunnan Hongxiang Yix shows Sharpe Ratio of -0.0915, which attests that the company had a -0.0915 % return per unit of risk over the last 3 months. Yunnan Hongxiang Yix exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yunnan Hongxiang's Standard Deviation of 1.52, market risk adjusted performance of 0.5083, and Mean Deviation of 1.22 to validate the risk estimate we provide. The firm maintains a market beta of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yunnan Hongxiang are expected to decrease at a much lower rate. During the bear market, Yunnan Hongxiang is likely to outperform the market. At this point, Yunnan Hongxiang Yix has a negative expected return of -0.14%. Please make sure to check out Yunnan Hongxiang's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Yunnan Hongxiang Yix performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Yunnan Hongxiang Yixintang has below average predictability. Overlapping area represents the amount of predictability between Yunnan Hongxiang time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Yunnan Hongxiang Yix price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Yunnan Hongxiang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Yunnan Hongxiang Yix lagged returns against current returns
Autocorrelation, which is Yunnan Hongxiang 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 Yunnan Hongxiang's stock expected returns. We can calculate the autocorrelation of Yunnan Hongxiang returns to help us make a trade decision. For example, suppose you find that Yunnan Hongxiang 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 |
Yunnan Hongxiang 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 Yunnan Hongxiang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Hongxiang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Hongxiang stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Hongxiang Lagged Returns
When evaluating Yunnan Hongxiang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Hongxiang stock have on its future price. Yunnan Hongxiang 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, Yunnan Hongxiang autocorrelation shows the relationship between Yunnan Hongxiang stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Hongxiang Yixintang.
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 Yunnan Stock
Yunnan Hongxiang financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Hongxiang security.