CSG Holding (China) Market Value

200012 Stock   2.34  0.02  0.85%   
CSG Holding's market value is the price at which a share of CSG Holding trades on a public exchange. It measures the collective expectations of CSG Holding Co investors about its performance. CSG Holding is trading at 2.34 as of the 13th of December 2024, a 0.85 percent decrease since the beginning of the trading day. The stock's open price was 2.36.
With this module, you can estimate the performance of a buy and hold strategy of CSG Holding Co and determine expected loss or profit from investing in CSG Holding over a given investment horizon. Check out CSG Holding Correlation, CSG Holding Volatility and CSG Holding Alpha and Beta module to complement your research on CSG Holding.
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Please note, there is a significant difference between CSG Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSG Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSG Holding'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.

CSG Holding '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 CSG Holding'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 CSG Holding.
0.00
11/13/2024
No Change 0.00  0.0 
In 30 days
12/13/2024
0.00
If you would invest  0.00  in CSG Holding on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding CSG Holding Co or generate 0.0% return on investment in CSG Holding over 30 days. CSG Holding is related to or competes with Jiahe Foods, YLZ Information, Fujian Anjoy, AVCON Information, Xiamen Jihong, Guangdong Wens, and Muyuan Foodstuff. CSG Holding is entity of China. It is traded as Stock on SHE exchange. More

CSG Holding 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 CSG Holding'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 CSG Holding Co upside and downside potential and time the market with a certain degree of confidence.

CSG Holding Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CSG Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CSG Holding's standard deviation. In reality, there are many statistical measures that can use CSG Holding historical prices to predict the future CSG Holding's volatility.
Hype
Prediction
LowEstimatedHigh
0.722.424.12
Details
Intrinsic
Valuation
LowRealHigh
0.332.033.73
Details

CSG Holding Backtested Returns

At this point, CSG Holding is relatively risky. CSG Holding secures Sharpe Ratio (or Efficiency) of 0.0673, which signifies that the company had a 0.0673% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for CSG Holding Co, which you can use to evaluate the volatility of the firm. Please confirm CSG Holding's Semi Deviation of 1.27, risk adjusted performance of 0.0413, and Mean Deviation of 1.1 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. CSG Holding has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0983, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CSG Holding are expected to decrease at a much lower rate. During the bear market, CSG Holding is likely to outperform the market. CSG Holding now shows a risk of 1.7%. Please confirm CSG Holding market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if CSG Holding will be following its price patterns.

Auto-correlation

    
  -0.65  

Very good reverse predictability

CSG Holding Co has very good reverse predictability. Overlapping area represents the amount of predictability between CSG Holding time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 CSG Holding price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current CSG Holding price fluctuation can be explain by its past prices.
Correlation Coefficient-0.65
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.0

CSG Holding lagged returns against current returns

Autocorrelation, which is CSG Holding 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 CSG Holding's stock expected returns. We can calculate the autocorrelation of CSG Holding returns to help us make a trade decision. For example, suppose you find that CSG Holding 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  

CSG Holding 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 CSG Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CSG Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CSG Holding stock over time.
   Current vs Lagged Prices   
       Timeline  

CSG Holding Lagged Returns

When evaluating CSG Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CSG Holding stock have on its future price. CSG Holding 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, CSG Holding autocorrelation shows the relationship between CSG Holding stock current value and its past values and can show if there is a momentum factor associated with investing in CSG Holding Co.
   Regressed Prices   
       Timeline  

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Other Information on Investing in CSG Stock

CSG Holding financial ratios help investors to determine whether CSG 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 CSG with respect to the benefits of owning CSG Holding security.