Xingyuan Environment (China) Market Value
| 300266 Stock | 3.07 0.13 4.06% |
| Symbol | Xingyuan |
Xingyuan Environment '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 Xingyuan Environment'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 Xingyuan Environment.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Xingyuan Environment on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Xingyuan Environment Technology or generate 0.0% return on investment in Xingyuan Environment over 720 days. Xingyuan Environment is related to or competes with Biwin Storage, PetroChina, Industrial, China Construction, China Petroleum, Agricultural Bank, and Bank of China. Xingyuan Environment is entity of China. It is traded as Stock on SHE exchange. More
Xingyuan Environment 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 Xingyuan Environment'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 Xingyuan Environment Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.49 | |||
| Information Ratio | 0.1909 | |||
| Maximum Drawdown | 29.9 | |||
| Value At Risk | (6.41) | |||
| Potential Upside | 19.88 |
Xingyuan Environment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xingyuan Environment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xingyuan Environment's standard deviation. In reality, there are many statistical measures that can use Xingyuan Environment historical prices to predict the future Xingyuan Environment's volatility.| Risk Adjusted Performance | 0.1704 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | 0.3429 | |||
| Sortino Ratio | 0.2821 | |||
| Treynor Ratio | 0.7226 |
Xingyuan Environment Backtested Returns
Xingyuan Environment is dangerous given 3 months investment horizon. Xingyuan Environment shows Sharpe Ratio of 0.24, which attests that the company had a 0.24% 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 1.66% are justified by taking the suggested risk. Use Xingyuan Environment Technology Downside Deviation of 4.49, market risk adjusted performance of 0.7326, and Mean Deviation of 4.61 to evaluate company specific risk that cannot be diversified away. Xingyuan Environment holds a performance score of 18 on a scale of zero to a hundred. The firm maintains a market beta of 1.92, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Xingyuan Environment will likely underperform. Use Xingyuan Environment Technology information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Xingyuan Environment Technology.
Auto-correlation | 0.02 |
Virtually no predictability
Xingyuan Environment Technology has virtually no predictability. Overlapping area represents the amount of predictability between Xingyuan Environment time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Xingyuan Environment price movement. The serial correlation of 0.02 indicates that only 2.0% of current Xingyuan Environment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Xingyuan Environment lagged returns against current returns
Autocorrelation, which is Xingyuan Environment 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 Xingyuan Environment's stock expected returns. We can calculate the autocorrelation of Xingyuan Environment returns to help us make a trade decision. For example, suppose you find that Xingyuan Environment 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 |
Xingyuan Environment 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 Xingyuan Environment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xingyuan Environment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xingyuan Environment stock over time.
Current vs Lagged Prices |
| Timeline |
Xingyuan Environment Lagged Returns
When evaluating Xingyuan Environment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xingyuan Environment stock have on its future price. Xingyuan Environment 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, Xingyuan Environment autocorrelation shows the relationship between Xingyuan Environment stock current value and its past values and can show if there is a momentum factor associated with investing in Xingyuan Environment Technology.
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 Xingyuan Stock
Xingyuan Environment financial ratios help investors to determine whether Xingyuan 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 Xingyuan with respect to the benefits of owning Xingyuan Environment security.