Beijing E (China) Market Value
| 300212 Stock | 26.28 1.16 4.23% |
| Symbol | Beijing |
Beijing E '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 E'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 E.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Beijing E on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing E Hualu or generate 0.0% return on investment in Beijing E over 60 days. Beijing E is related to or competes with Success Electronics, Wuhan Yangtze, Anhui Jianghuai, CICT Mobile, Zhangjiagang Freetrade, Hangzhou Weiguang, and Sunwave Communications. Beijing E is entity of China. It is traded as Stock on SHE exchange. More
Beijing E 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 E'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 E Hualu upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.23 | |||
| Information Ratio | 0.1434 | |||
| Maximum Drawdown | 31.76 | |||
| Value At Risk | (6.53) | |||
| Potential Upside | 14.57 |
Beijing E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing E's standard deviation. In reality, there are many statistical measures that can use Beijing E historical prices to predict the future Beijing E's volatility.| Risk Adjusted Performance | 0.1318 | |||
| Jensen Alpha | 0.9238 | |||
| Total Risk Alpha | 0.1792 | |||
| Sortino Ratio | 0.1683 | |||
| Treynor Ratio | 1.75 |
Beijing E Hualu Backtested Returns
Beijing E is somewhat reliable given 3 months investment horizon. Beijing E Hualu secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use Beijing E Downside Deviation of 5.23, mean deviation of 4.15, and Risk Adjusted Performance of 0.1318 to evaluate company specific risk that cannot be diversified away. Beijing E holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beijing E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing E is expected to be smaller as well. Use Beijing E downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Beijing E.
Auto-correlation | -0.63 |
Very good reverse predictability
Beijing E Hualu has very good reverse predictability. Overlapping area represents the amount of predictability between Beijing E time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 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 Beijing E Hualu price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Beijing E price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2.58 |
Beijing E Hualu lagged returns against current returns
Autocorrelation, which is Beijing E 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 E's stock expected returns. We can calculate the autocorrelation of Beijing E returns to help us make a trade decision. For example, suppose you find that Beijing E 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 E 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 E stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing E stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing E stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing E Lagged Returns
When evaluating Beijing E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing E stock have on its future price. Beijing E 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 E autocorrelation shows the relationship between Beijing E stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing E Hualu.
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 Beijing Stock
Beijing E 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 E security.