Suzhou Industrial's market value is the price at which a share of Suzhou Industrial trades on a public exchange. It measures the collective expectations of Suzhou Industrial Park investors about its performance. Suzhou Industrial is trading at 10.51 as of the 9th of January 2025, a 1.41 percent decrease since the beginning of the trading day. The stock's open price was 10.66. With this module, you can estimate the performance of a buy and hold strategy of Suzhou Industrial Park and determine expected loss or profit from investing in Suzhou Industrial over a given investment horizon. Check out Suzhou Industrial Correlation, Suzhou Industrial Volatility and Suzhou Industrial Alpha and Beta module to complement your research on Suzhou Industrial.
Please note, there is a significant difference between Suzhou Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suzhou Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suzhou Industrial'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.
Suzhou Industrial '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 Suzhou Industrial'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 Suzhou Industrial.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Suzhou Industrial'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 Suzhou Industrial Park upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzhou Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzhou Industrial's standard deviation. In reality, there are many statistical measures that can use Suzhou Industrial historical prices to predict the future Suzhou Industrial's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Suzhou Industrial. Your research has to be compared to or analyzed against Suzhou Industrial's peers to derive any actionable benefits. When done correctly, Suzhou Industrial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Suzhou Industrial Park.
Suzhou Industrial Park Backtested Returns
Suzhou Industrial appears to be slightly risky, given 3 months investment horizon. Suzhou Industrial Park owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0825, which indicates the firm had a 0.0825% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Suzhou Industrial Park, which you can use to evaluate the volatility of the company. Please review Suzhou Industrial's Coefficient Of Variation of 1211.8, semi deviation of 3.98, and Risk Adjusted Performance of 0.0739 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Suzhou Industrial holds a performance score of 6. The entity has a beta of -0.96, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Suzhou Industrial are expected to decrease slowly. On the other hand, during market turmoil, Suzhou Industrial is expected to outperform it slightly. Please check Suzhou Industrial's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Suzhou Industrial's existing price patterns will revert.
Auto-correlation
-0.18
Insignificant reverse predictability
Suzhou Industrial Park has insignificant reverse predictability. Overlapping area represents the amount of predictability between Suzhou Industrial time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 Suzhou Industrial Park price movement. The serial correlation of -0.18 indicates that over 18.0% of current Suzhou Industrial price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.18
Spearman Rank Test
0.02
Residual Average
0.0
Price Variance
0.5
Suzhou Industrial Park lagged returns against current returns
Autocorrelation, which is Suzhou Industrial 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 Suzhou Industrial's stock expected returns. We can calculate the autocorrelation of Suzhou Industrial returns to help us make a trade decision. For example, suppose you find that Suzhou Industrial 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
Suzhou Industrial 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 Suzhou Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzhou Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzhou Industrial stock over time.
Current vs Lagged Prices
Timeline
Suzhou Industrial Lagged Returns
When evaluating Suzhou Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzhou Industrial stock have on its future price. Suzhou Industrial 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, Suzhou Industrial autocorrelation shows the relationship between Suzhou Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Suzhou Industrial Park.
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.
Suzhou Industrial financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Industrial security.