Suzhou SLAC (China) Market Value
| 300382 Stock | 10.00 0.35 3.38% |
| Symbol | Suzhou |
Suzhou SLAC '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 SLAC'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 SLAC.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Suzhou SLAC on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Suzhou SLAC Precision or generate 0.0% return on investment in Suzhou SLAC over 90 days. Suzhou SLAC is related to or competes with Fujian Boss, Changjiang Publishing, China Publishing, Servyou Software, Dareway Software, Shandong Publishing, and Qtone Education. More
Suzhou SLAC 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 Suzhou SLAC'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 SLAC Precision upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.7 | |||
| Value At Risk | (6.23) | |||
| Potential Upside | 6.65 |
Suzhou SLAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suzhou SLAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suzhou SLAC's standard deviation. In reality, there are many statistical measures that can use Suzhou SLAC historical prices to predict the future Suzhou SLAC's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.19) |
Suzhou SLAC Precision Backtested Returns
At this point, Suzhou SLAC is slightly risky. Suzhou SLAC Precision owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0132, which indicates the firm had a 0.0132 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Suzhou SLAC Precision, which you can use to evaluate the volatility of the company. Please validate Suzhou SLAC's Coefficient Of Variation of 7559.99, semi deviation of 4.37, and Risk Adjusted Performance of 0.0194 to confirm if the risk estimate we provide is consistent with the expected return of 0.069%. Suzhou SLAC has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Suzhou SLAC are expected to decrease at a much lower rate. During the bear market, Suzhou SLAC is likely to outperform the market. Suzhou SLAC Precision right now has a risk of 5.21%. Please validate Suzhou SLAC treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Suzhou SLAC will be following its existing price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Suzhou SLAC Precision has very weak reverse predictability. Overlapping area represents the amount of predictability between Suzhou SLAC time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 SLAC Precision price movement. The serial correlation of -0.02 indicates that only 2.0% of current Suzhou SLAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Suzhou SLAC Precision lagged returns against current returns
Autocorrelation, which is Suzhou SLAC 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 SLAC's stock expected returns. We can calculate the autocorrelation of Suzhou SLAC returns to help us make a trade decision. For example, suppose you find that Suzhou SLAC 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 SLAC 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 SLAC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suzhou SLAC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suzhou SLAC stock over time.
Current vs Lagged Prices |
| Timeline |
Suzhou SLAC Lagged Returns
When evaluating Suzhou SLAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suzhou SLAC stock have on its future price. Suzhou SLAC 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 SLAC autocorrelation shows the relationship between Suzhou SLAC stock current value and its past values and can show if there is a momentum factor associated with investing in Suzhou SLAC Precision.
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 Suzhou Stock
Suzhou SLAC 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 SLAC security.