Thunder Software (China) Market Value
| 300496 Stock | 55.28 1.91 3.34% |
| Symbol | Thunder |
Thunder Software '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 Thunder Software'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 Thunder Software.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Thunder Software on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Thunder Software Technology or generate 0.0% return on investment in Thunder Software over 30 days. Thunder Software is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, BYD Co, Shenzhen Mindray, Contemporary Amperex, and Beijing Roborock. Thunder Software is entity of China. It is traded as Stock on SHE exchange. More
Thunder Software 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 Thunder Software'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 Thunder Software Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 19.31 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 5.84 |
Thunder Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thunder Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thunder Software's standard deviation. In reality, there are many statistical measures that can use Thunder Software historical prices to predict the future Thunder Software's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.19) |
Thunder Software Tec Backtested Returns
Thunder Software Tec owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0127, which indicates the firm had a -0.0127 % return per unit of risk over the last 3 months. Thunder Software Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thunder Software's Variance of 12.85, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,844) to confirm the risk estimate we provide. The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thunder Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thunder Software is expected to be smaller as well. At this point, Thunder Software Tec has a negative expected return of -0.0464%. Please make sure to validate Thunder Software's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Thunder Software Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Thunder Software Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Thunder Software time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Thunder Software Tec price movement. The serial correlation of -0.7 indicates that around 70.0% of current Thunder Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.66 |
Thunder Software Tec lagged returns against current returns
Autocorrelation, which is Thunder Software 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 Thunder Software's stock expected returns. We can calculate the autocorrelation of Thunder Software returns to help us make a trade decision. For example, suppose you find that Thunder Software 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 |
Thunder Software 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 Thunder Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thunder Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thunder Software stock over time.
Current vs Lagged Prices |
| Timeline |
Thunder Software Lagged Returns
When evaluating Thunder Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thunder Software stock have on its future price. Thunder Software 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, Thunder Software autocorrelation shows the relationship between Thunder Software stock current value and its past values and can show if there is a momentum factor associated with investing in Thunder Software 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 Thunder Stock
Thunder Software financial ratios help investors to determine whether Thunder 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 Thunder with respect to the benefits of owning Thunder Software security.