Sichuan Jiuyuan (China) Market Value
| 002777 Stock | 21.15 0.42 2.03% |
| Symbol | Sichuan |
Sichuan Jiuyuan '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 Sichuan Jiuyuan'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 Sichuan Jiuyuan.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sichuan Jiuyuan on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sichuan Jiuyuan Yinhai or generate 0.0% return on investment in Sichuan Jiuyuan over 90 days. Sichuan Jiuyuan is related to or competes with Ming Yang, Loctek Ergonomic, Hunan Nanling, Shandong Ruifeng, Jiangsu Seagull, Inner Mongolia, and 3onedata. Sichuan Jiuyuan is entity of China. It is traded as Stock on SHE exchange. More
Sichuan Jiuyuan 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 Sichuan Jiuyuan'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 Sichuan Jiuyuan Yinhai upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.24 | |||
| Information Ratio | 0.164 | |||
| Maximum Drawdown | 19.76 | |||
| Value At Risk | (6.45) | |||
| Potential Upside | 9.99 |
Sichuan Jiuyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sichuan Jiuyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sichuan Jiuyuan's standard deviation. In reality, there are many statistical measures that can use Sichuan Jiuyuan historical prices to predict the future Sichuan Jiuyuan's volatility.| Risk Adjusted Performance | 0.1558 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 0.1137 | |||
| Sortino Ratio | 0.1847 | |||
| Treynor Ratio | (0.82) |
Sichuan Jiuyuan Yinhai Backtested Returns
Sichuan Jiuyuan is somewhat reliable given 3 months investment horizon. Sichuan Jiuyuan Yinhai owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Sichuan Jiuyuan Yinhai Risk Adjusted Performance of 0.1558, semi deviation of 3.83, and Coefficient Of Variation of 518.56 to evaluate company specific risk that cannot be diversified away. Sichuan Jiuyuan holds a performance score of 16 on a scale of zero to a hundred. The entity has a beta of -1.12, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Sichuan Jiuyuan are expected to decrease slowly. On the other hand, during market turmoil, Sichuan Jiuyuan is expected to outperform it slightly. Use Sichuan Jiuyuan Yinhai downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Sichuan Jiuyuan Yinhai.
Auto-correlation | 0.17 |
Very weak predictability
Sichuan Jiuyuan Yinhai has very weak predictability. Overlapping area represents the amount of predictability between Sichuan Jiuyuan time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Sichuan Jiuyuan Yinhai price movement. The serial correlation of 0.17 indicates that over 17.0% of current Sichuan Jiuyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
Sichuan Jiuyuan Yinhai lagged returns against current returns
Autocorrelation, which is Sichuan Jiuyuan 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 Sichuan Jiuyuan's stock expected returns. We can calculate the autocorrelation of Sichuan Jiuyuan returns to help us make a trade decision. For example, suppose you find that Sichuan Jiuyuan 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 |
Sichuan Jiuyuan 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 Sichuan Jiuyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sichuan Jiuyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sichuan Jiuyuan stock over time.
Current vs Lagged Prices |
| Timeline |
Sichuan Jiuyuan Lagged Returns
When evaluating Sichuan Jiuyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sichuan Jiuyuan stock have on its future price. Sichuan Jiuyuan 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, Sichuan Jiuyuan autocorrelation shows the relationship between Sichuan Jiuyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Sichuan Jiuyuan Yinhai.
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.Other Information on Investing in Sichuan Stock
Sichuan Jiuyuan financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Jiuyuan security.