Spearhead Integrated (China) Market Value
| 300071 Stock | 4.69 0.28 5.63% |
| Symbol | Spearhead |
Spearhead Integrated '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 Spearhead Integrated'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 Spearhead Integrated.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Spearhead Integrated on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Spearhead Integrated Marketing or generate 0.0% return on investment in Spearhead Integrated over 720 days. Spearhead Integrated is related to or competes with Xinjiang Baodi, Chengdu Spaceon, Western Mining, Chenzhou Jingui, Tianjin Silvery, Guocheng Mining, and Hainan Mining. Spearhead Integrated is entity of China. It is traded as Stock on SHE exchange. More
Spearhead Integrated 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 Spearhead Integrated'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 Spearhead Integrated Marketing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.14 | |||
| Information Ratio | 0.1999 | |||
| Maximum Drawdown | 40.05 | |||
| Value At Risk | (7.82) | |||
| Potential Upside | 13.51 |
Spearhead Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spearhead Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spearhead Integrated's standard deviation. In reality, there are many statistical measures that can use Spearhead Integrated historical prices to predict the future Spearhead Integrated's volatility.| Risk Adjusted Performance | 0.174 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 0.5562 | |||
| Sortino Ratio | 0.2141 | |||
| Treynor Ratio | (1.08) |
Spearhead Integrated Backtested Returns
Spearhead Integrated is very risky given 3 months investment horizon. Spearhead Integrated owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.69% are justified by taking the suggested risk. Use Spearhead Integrated Semi Deviation of 5.2, risk adjusted performance of 0.174, and Coefficient Of Variation of 461.86 to evaluate company specific risk that cannot be diversified away. Spearhead Integrated holds a performance score of 19 on a scale of zero to a hundred. The entity has a beta of -1.3, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Spearhead Integrated are expected to decrease by larger amounts. On the other hand, during market turmoil, Spearhead Integrated is expected to outperform it. Use Spearhead Integrated market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Spearhead Integrated.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Spearhead Integrated Marketing has insignificant reverse predictability. Overlapping area represents the amount of predictability between Spearhead Integrated time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Spearhead Integrated price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Spearhead Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Spearhead Integrated lagged returns against current returns
Autocorrelation, which is Spearhead Integrated 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 Spearhead Integrated's stock expected returns. We can calculate the autocorrelation of Spearhead Integrated returns to help us make a trade decision. For example, suppose you find that Spearhead Integrated 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 |
Spearhead Integrated 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 Spearhead Integrated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spearhead Integrated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spearhead Integrated stock over time.
Current vs Lagged Prices |
| Timeline |
Spearhead Integrated Lagged Returns
When evaluating Spearhead Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spearhead Integrated stock have on its future price. Spearhead Integrated 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, Spearhead Integrated autocorrelation shows the relationship between Spearhead Integrated stock current value and its past values and can show if there is a momentum factor associated with investing in Spearhead Integrated Marketing.
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 Spearhead Stock
Spearhead Integrated financial ratios help investors to determine whether Spearhead 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 Spearhead with respect to the benefits of owning Spearhead Integrated security.