Yixin Group (Germany) Market Value
| 1YX Stock | EUR 0.07 0 1.35% |
| Symbol | Yixin |
Yixin 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 Yixin 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 Yixin Group.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Yixin Group on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Yixin Group Limited or generate 0.0% return on investment in Yixin Group over 180 days. Yixin Group is related to or competes with CARSALES, Gruppo Mutuionline, Pentair Plc, and MUTUIONLINE. Yixin Group Limited, an investment holding company, operates as an online automobile finance transaction platform in the... More
Yixin 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 Yixin 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 Yixin Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.37 | |||
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 45.22 | |||
| Value At Risk | (7.78) | |||
| Potential Upside | 6.15 |
Yixin Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yixin Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yixin Group's standard deviation. In reality, there are many statistical measures that can use Yixin Group historical prices to predict the future Yixin Group's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | 0.1418 |
Yixin Group Limited Backtested Returns
Yixin Group appears to be out of control, given 3 months investment horizon. Yixin Group Limited shows Sharpe Ratio of 0.0518, which attests that the company had a 0.0518% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yixin Group Limited, which you can use to evaluate the volatility of the company. Please utilize Yixin Group's Downside Deviation of 5.37, market risk adjusted performance of 0.1518, and Mean Deviation of 3.34 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yixin Group holds a performance score of 4. The firm maintains a market beta of 1.63, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Yixin Group will likely underperform. Please check Yixin Group's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Yixin Group's historical returns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Yixin Group Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Yixin Group time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Yixin Group Limited price movement. The serial correlation of -0.18 indicates that over 18.0% of current Yixin Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yixin Group Limited lagged returns against current returns
Autocorrelation, which is Yixin 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 Yixin Group's stock expected returns. We can calculate the autocorrelation of Yixin Group returns to help us make a trade decision. For example, suppose you find that Yixin 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 |
Yixin 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 Yixin Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yixin Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yixin Group stock over time.
Current vs Lagged Prices |
| Timeline |
Yixin Group Lagged Returns
When evaluating Yixin Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yixin Group stock have on its future price. Yixin 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, Yixin Group autocorrelation shows the relationship between Yixin Group stock current value and its past values and can show if there is a momentum factor associated with investing in Yixin Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yixin Stock
Yixin Group financial ratios help investors to determine whether Yixin 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 Yixin with respect to the benefits of owning Yixin Group security.