Xian Sunresin (China) Market Value
| 300487 Stock | 50.40 3.96 8.53% |
| Symbol | Xian |
Xian Sunresin '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 Xian Sunresin'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 Xian Sunresin.
| 01/21/2025 |
| 02/20/2025 |
If you would invest 0.00 in Xian Sunresin on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Xian Sunresin New or generate 0.0% return on investment in Xian Sunresin over 30 days. Xian Sunresin is related to or competes with Xiangpiaopiao Food, New Hope, Hubei Geoway, Beijing Sanyuan, HaiXin Foods, Shanghai Ziyan, and Shantou Wanshun. Xian Sunresin is entity of China. It is traded as Stock on SHE exchange. More
Xian Sunresin 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 Xian Sunresin'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 Xian Sunresin New upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.05 |
Xian Sunresin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xian Sunresin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xian Sunresin's standard deviation. In reality, there are many statistical measures that can use Xian Sunresin historical prices to predict the future Xian Sunresin's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.1651 |
Xian Sunresin New Backtested Returns
Xian Sunresin New shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. Xian Sunresin New exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xian Sunresin's Mean Deviation of 1.77, standard deviation of 2.29, and Market Risk Adjusted Performance of 0.1751 to validate the risk estimate we provide. The firm maintains a market beta of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xian Sunresin are expected to decrease at a much lower rate. During the bear market, Xian Sunresin is likely to outperform the market. At this point, Xian Sunresin New has a negative expected return of -0.0114%. Please make sure to check out Xian Sunresin's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Xian Sunresin New performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Xian Sunresin New has very weak reverse predictability. Overlapping area represents the amount of predictability between Xian Sunresin time series from 21st of January 2025 to 5th of February 2025 and 5th of February 2025 to 20th of February 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 Xian Sunresin New price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Xian Sunresin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Xian Sunresin New lagged returns against current returns
Autocorrelation, which is Xian Sunresin 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 Xian Sunresin's stock expected returns. We can calculate the autocorrelation of Xian Sunresin returns to help us make a trade decision. For example, suppose you find that Xian Sunresin 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 |
Xian Sunresin 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 Xian Sunresin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xian Sunresin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xian Sunresin stock over time.
Current vs Lagged Prices |
| Timeline |
Xian Sunresin Lagged Returns
When evaluating Xian Sunresin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xian Sunresin stock have on its future price. Xian Sunresin 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, Xian Sunresin autocorrelation shows the relationship between Xian Sunresin stock current value and its past values and can show if there is a momentum factor associated with investing in Xian Sunresin New.
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 Xian Stock
Xian Sunresin financial ratios help investors to determine whether Xian 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 Xian with respect to the benefits of owning Xian Sunresin security.