Beijing Cisri (China) Market Value
| 300034 Stock | 15.56 0.12 0.77% |
| Symbol | Beijing |
Beijing Cisri '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 Beijing Cisri'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 Beijing Cisri.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Beijing Cisri on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Cisri Gaona or generate 0.0% return on investment in Beijing Cisri over 180 days. Beijing Cisri is related to or competes with New China, Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, and Shandong Ruifeng. Beijing Cisri is entity of China. It is traded as Stock on SHE exchange. More
Beijing Cisri 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 Beijing Cisri'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 Beijing Cisri Gaona upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.0816 | |||
| Maximum Drawdown | 25.69 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 5.12 |
Beijing Cisri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Cisri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Cisri's standard deviation. In reality, there are many statistical measures that can use Beijing Cisri historical prices to predict the future Beijing Cisri's volatility.| Risk Adjusted Performance | 0.0826 | |||
| Jensen Alpha | 0.3432 | |||
| Total Risk Alpha | 0.1776 | |||
| Sortino Ratio | 0.0968 | |||
| Treynor Ratio | (4.36) |
Beijing Cisri Gaona Backtested Returns
Beijing Cisri appears to be somewhat reliable, given 3 months investment horizon. Beijing Cisri Gaona secures Sharpe Ratio (or Efficiency) of 0.059, which signifies that the company had a 0.059% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Beijing Cisri Gaona, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Cisri's Risk Adjusted Performance of 0.0826, downside deviation of 3.16, and Mean Deviation of 2.4 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Cisri holds a performance score of 4. The firm shows a Beta (market volatility) of -0.078, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Cisri are expected to decrease at a much lower rate. During the bear market, Beijing Cisri is likely to outperform the market. Please check Beijing Cisri's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing Cisri's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Beijing Cisri Gaona has modest predictability. Overlapping area represents the amount of predictability between Beijing Cisri time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Beijing Cisri Gaona price movement. The serial correlation of 0.5 indicates that about 50.0% of current Beijing Cisri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Beijing Cisri Gaona lagged returns against current returns
Autocorrelation, which is Beijing Cisri 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 Beijing Cisri's stock expected returns. We can calculate the autocorrelation of Beijing Cisri returns to help us make a trade decision. For example, suppose you find that Beijing Cisri 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 |
Beijing Cisri 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 Beijing Cisri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Cisri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Cisri stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Cisri Lagged Returns
When evaluating Beijing Cisri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Cisri stock have on its future price. Beijing Cisri 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, Beijing Cisri autocorrelation shows the relationship between Beijing Cisri stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Cisri Gaona.
Regressed Prices |
| Timeline |
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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 Beijing Stock
Beijing Cisri financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Cisri security.