Tianjin LVYIN (China) Market Value
| 002887 Stock | 7.13 0.08 1.11% |
| Symbol | Tianjin |
Tianjin LVYIN '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 Tianjin LVYIN'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 Tianjin LVYIN.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in Tianjin LVYIN on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Tianjin LVYIN Landscape or generate 0.0% return on investment in Tianjin LVYIN over 30 days. Tianjin LVYIN is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. Tianjin LVYIN is entity of China. It is traded as Stock on SHE exchange. More
Tianjin LVYIN 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 Tianjin LVYIN'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 Tianjin LVYIN Landscape upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.1204 | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (5.87) | |||
| Potential Upside | 6.1 |
Tianjin LVYIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianjin LVYIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianjin LVYIN's standard deviation. In reality, there are many statistical measures that can use Tianjin LVYIN historical prices to predict the future Tianjin LVYIN's volatility.| Risk Adjusted Performance | 0.1148 | |||
| Jensen Alpha | 0.425 | |||
| Total Risk Alpha | 0.2859 | |||
| Sortino Ratio | 0.1305 | |||
| Treynor Ratio | 5.61 |
Tianjin LVYIN Landscape Backtested Returns
Tianjin LVYIN appears to be slightly risky, given 3 months investment horizon. Tianjin LVYIN Landscape owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tianjin LVYIN Landscape, which you can use to evaluate the volatility of the company. Please review Tianjin LVYIN's Semi Deviation of 2.65, risk adjusted performance of 0.1148, and Coefficient Of Variation of 745.71 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tianjin LVYIN holds a performance score of 7. The entity has a beta of 0.0762, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tianjin LVYIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tianjin LVYIN is expected to be smaller as well. Please check Tianjin LVYIN's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Tianjin LVYIN's existing price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Tianjin LVYIN Landscape has poor reverse predictability. Overlapping area represents the amount of predictability between Tianjin LVYIN time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Tianjin LVYIN Landscape price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Tianjin LVYIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Tianjin LVYIN Landscape lagged returns against current returns
Autocorrelation, which is Tianjin LVYIN 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 Tianjin LVYIN's stock expected returns. We can calculate the autocorrelation of Tianjin LVYIN returns to help us make a trade decision. For example, suppose you find that Tianjin LVYIN 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 |
Tianjin LVYIN 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 Tianjin LVYIN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianjin LVYIN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianjin LVYIN stock over time.
Current vs Lagged Prices |
| Timeline |
Tianjin LVYIN Lagged Returns
When evaluating Tianjin LVYIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianjin LVYIN stock have on its future price. Tianjin LVYIN 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, Tianjin LVYIN autocorrelation shows the relationship between Tianjin LVYIN stock current value and its past values and can show if there is a momentum factor associated with investing in Tianjin LVYIN Landscape.
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 Tianjin Stock
Tianjin LVYIN financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin LVYIN security.