Monalisa Group (China) Market Value
| 002918 Stock | 8.72 0.20 2.35% |
| Symbol | Monalisa |
Monalisa Group '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 Monalisa Group'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 Monalisa Group.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Monalisa Group on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Monalisa Group Co or generate 0.0% return on investment in Monalisa Group over 30 days. Monalisa Group is related to or competes with PetroChina, China State, China Mobile, Industrial, China Life, Ping An, and China Construction. Monalisa Group is entity of China. It is traded as Stock on SHE exchange. More
Monalisa Group 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 Monalisa Group'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 Monalisa Group Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 18.76 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 4.95 |
Monalisa Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monalisa Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monalisa Group's standard deviation. In reality, there are many statistical measures that can use Monalisa Group historical prices to predict the future Monalisa Group's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.1603 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.32) |
Monalisa Group Backtested Returns
Monalisa Group appears to be slightly risky, given 3 months investment horizon. Monalisa Group has Sharpe Ratio of 0.0862, which conveys that the firm had a 0.0862% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Monalisa Group, which you can use to evaluate the volatility of the firm. Please exercise Monalisa Group's Risk Adjusted Performance of 0.0403, mean deviation of 2.13, and Downside Deviation of 2.63 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Monalisa Group holds a performance score of 6. The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Monalisa Group are expected to decrease at a much lower rate. During the bear market, Monalisa Group is likely to outperform the market. Please check Monalisa Group's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Monalisa Group's current price movements will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Monalisa Group Co has good reverse predictability. Overlapping area represents the amount of predictability between Monalisa Group time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 Monalisa Group price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Monalisa Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Monalisa Group lagged returns against current returns
Autocorrelation, which is Monalisa Group 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 Monalisa Group's stock expected returns. We can calculate the autocorrelation of Monalisa Group returns to help us make a trade decision. For example, suppose you find that Monalisa Group 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 |
Monalisa Group 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 Monalisa Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monalisa Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monalisa Group stock over time.
Current vs Lagged Prices |
| Timeline |
Monalisa Group Lagged Returns
When evaluating Monalisa Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monalisa Group stock have on its future price. Monalisa Group 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, Monalisa Group autocorrelation shows the relationship between Monalisa Group stock current value and its past values and can show if there is a momentum factor associated with investing in Monalisa Group Co.
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 Monalisa Stock
Monalisa Group financial ratios help investors to determine whether Monalisa 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 Monalisa with respect to the benefits of owning Monalisa Group security.