Bosera CMSK (China) Market Value
| 180101 Stock | 2.05 0.04 1.99% |
| Symbol | Bosera |
Bosera CMSK '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 Bosera CMSK'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 Bosera CMSK.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Bosera CMSK on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bosera CMSK Industrial or generate 0.0% return on investment in Bosera CMSK over 30 days. Bosera CMSK is related to or competes with Industrial, China Construction, Agricultural Bank, Bank of China, PetroChina, China Merchants, and CNOOC. Bosera CMSK is entity of China. It is traded as Stock on SHE exchange. More
Bosera CMSK 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 Bosera CMSK'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 Bosera CMSK Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9431 | |||
| Information Ratio | 0.0652 | |||
| Maximum Drawdown | 6.03 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.54 |
Bosera CMSK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bosera CMSK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bosera CMSK's standard deviation. In reality, there are many statistical measures that can use Bosera CMSK historical prices to predict the future Bosera CMSK's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | 0.0536 | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | (1.48) |
Bosera CMSK Industrial Backtested Returns
At this point, Bosera CMSK is slightly risky. Bosera CMSK Industrial secures Sharpe Ratio (or Efficiency) of 0.0919, which signifies that the company had a 0.0919% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bosera CMSK Industrial, which you can use to evaluate the volatility of the firm. Please confirm Bosera CMSK's Mean Deviation of 0.551, downside deviation of 0.9431, and Risk Adjusted Performance of 0.083 to double-check if the risk estimate we provide is consistent with the expected return of 0.0784%. Bosera CMSK has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0521, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bosera CMSK are expected to decrease at a much lower rate. During the bear market, Bosera CMSK is likely to outperform the market. Bosera CMSK Industrial right now shows a risk of 0.85%. Please confirm Bosera CMSK Industrial coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Bosera CMSK Industrial will be following its price patterns.
Auto-correlation | 0.76 |
Good predictability
Bosera CMSK Industrial has good predictability. Overlapping area represents the amount of predictability between Bosera CMSK time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 Bosera CMSK Industrial price movement. The serial correlation of 0.76 indicates that around 76.0% of current Bosera CMSK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bosera CMSK Industrial lagged returns against current returns
Autocorrelation, which is Bosera CMSK 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 Bosera CMSK's stock expected returns. We can calculate the autocorrelation of Bosera CMSK returns to help us make a trade decision. For example, suppose you find that Bosera CMSK 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 |
Bosera CMSK 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 Bosera CMSK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bosera CMSK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bosera CMSK stock over time.
Current vs Lagged Prices |
| Timeline |
Bosera CMSK Lagged Returns
When evaluating Bosera CMSK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bosera CMSK stock have on its future price. Bosera CMSK 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, Bosera CMSK autocorrelation shows the relationship between Bosera CMSK stock current value and its past values and can show if there is a momentum factor associated with investing in Bosera CMSK Industrial.
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 Bosera Stock
Bosera CMSK financial ratios help investors to determine whether Bosera 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 Bosera with respect to the benefits of owning Bosera CMSK security.