Penghua Shenzhen (China) Market Value
| 180401 Stock | 6.27 0.03 0.48% |
| Symbol | Penghua |
Please note, there is a significant difference between Penghua Shenzhen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penghua Shenzhen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penghua Shenzhen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Penghua Shenzhen '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 Penghua Shenzhen'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 Penghua Shenzhen.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Penghua Shenzhen on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Penghua Shenzhen Energy or generate 0.0% return on investment in Penghua Shenzhen over 30 days. Penghua Shenzhen is related to or competes with Industrial, Kweichow Moutai, Agricultural Bank, China Mobile, PetroChina, China Construction, and Bank of China. Penghua Shenzhen is entity of China. It is traded as Stock on SHE exchange. More
Penghua Shenzhen 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 Penghua Shenzhen'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 Penghua Shenzhen Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5833 | |||
| Information Ratio | 0.0028 | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (0.68) | |||
| Potential Upside | 0.9693 |
Penghua Shenzhen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Penghua Shenzhen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Penghua Shenzhen's standard deviation. In reality, there are many statistical measures that can use Penghua Shenzhen historical prices to predict the future Penghua Shenzhen's volatility.| Risk Adjusted Performance | 0.1472 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | 0.0315 | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | (5.98) |
Penghua Shenzhen Energy Backtested Returns
At this point, Penghua Shenzhen is very steady. Penghua Shenzhen Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Penghua Shenzhen Energy, which you can use to evaluate the volatility of the company. Please check Penghua Shenzhen's Semi Deviation of 0.2847, coefficient of variation of 548.58, and Risk Adjusted Performance of 0.1472 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Penghua Shenzhen has a performance score of 17 on a scale of 0 to 100. The company holds a Beta of -0.0153, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Penghua Shenzhen are expected to decrease at a much lower rate. During the bear market, Penghua Shenzhen is likely to outperform the market. Penghua Shenzhen Energy right now holds a risk of 0.57%. Please check Penghua Shenzhen Energy coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Penghua Shenzhen Energy will be following its historical price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
Penghua Shenzhen Energy has good reverse predictability. Overlapping area represents the amount of predictability between Penghua Shenzhen time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Penghua Shenzhen Energy price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Penghua Shenzhen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Penghua Shenzhen Energy lagged returns against current returns
Autocorrelation, which is Penghua Shenzhen 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 Penghua Shenzhen's stock expected returns. We can calculate the autocorrelation of Penghua Shenzhen returns to help us make a trade decision. For example, suppose you find that Penghua Shenzhen 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 |
Penghua Shenzhen 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 Penghua Shenzhen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Penghua Shenzhen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Penghua Shenzhen stock over time.
Current vs Lagged Prices |
| Timeline |
Penghua Shenzhen Lagged Returns
When evaluating Penghua Shenzhen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Penghua Shenzhen stock have on its future price. Penghua Shenzhen 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, Penghua Shenzhen autocorrelation shows the relationship between Penghua Shenzhen stock current value and its past values and can show if there is a momentum factor associated with investing in Penghua Shenzhen Energy.
Regressed Prices |
| Timeline |
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Penghua Shenzhen financial ratios help investors to determine whether Penghua 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 Penghua with respect to the benefits of owning Penghua Shenzhen security.