Zhuzhou Feilu (China) Market Value
| 300665 Stock | 6.85 0.27 4.10% |
| Symbol | Zhuzhou |
Zhuzhou Feilu '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 Zhuzhou Feilu'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 Zhuzhou Feilu.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Zhuzhou Feilu on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Zhuzhou Feilu High Tech or generate 0.0% return on investment in Zhuzhou Feilu over 30 days. Zhuzhou Feilu is related to or competes with Zijin Mining, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, Jiangxi Ganfeng, and Hoshine Silicon. Zhuzhou Feilu is entity of China. It is traded as Stock on SHE exchange. More
Zhuzhou Feilu 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 Zhuzhou Feilu'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 Zhuzhou Feilu High Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.0544 | |||
| Maximum Drawdown | 26.36 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 5.83 |
Zhuzhou Feilu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhuzhou Feilu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhuzhou Feilu's standard deviation. In reality, there are many statistical measures that can use Zhuzhou Feilu historical prices to predict the future Zhuzhou Feilu's volatility.| Risk Adjusted Performance | 0.0749 | |||
| Jensen Alpha | 0.4235 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0505 | |||
| Treynor Ratio | (0.48) |
Zhuzhou Feilu High Backtested Returns
Zhuzhou Feilu appears to be moderately volatile, given 3 months investment horizon. Zhuzhou Feilu High shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Zhuzhou Feilu's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Zhuzhou Feilu's Downside Deviation of 4.3, mean deviation of 2.88, and Market Risk Adjusted Performance of (0.47) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zhuzhou Feilu holds a performance score of 10. The firm maintains a market beta of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Zhuzhou Feilu are expected to decrease at a much lower rate. During the bear market, Zhuzhou Feilu is likely to outperform the market. Please check Zhuzhou Feilu's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Zhuzhou Feilu's historical returns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Zhuzhou Feilu High Tech has poor reverse predictability. Overlapping area represents the amount of predictability between Zhuzhou Feilu time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Zhuzhou Feilu High price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Zhuzhou Feilu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Zhuzhou Feilu High lagged returns against current returns
Autocorrelation, which is Zhuzhou Feilu 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 Zhuzhou Feilu's stock expected returns. We can calculate the autocorrelation of Zhuzhou Feilu returns to help us make a trade decision. For example, suppose you find that Zhuzhou Feilu 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 |
Zhuzhou Feilu 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 Zhuzhou Feilu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhuzhou Feilu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhuzhou Feilu stock over time.
Current vs Lagged Prices |
| Timeline |
Zhuzhou Feilu Lagged Returns
When evaluating Zhuzhou Feilu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhuzhou Feilu stock have on its future price. Zhuzhou Feilu 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, Zhuzhou Feilu autocorrelation shows the relationship between Zhuzhou Feilu stock current value and its past values and can show if there is a momentum factor associated with investing in Zhuzhou Feilu High Tech.
Regressed Prices |
| Timeline |
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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 Zhuzhou Stock
Zhuzhou Feilu financial ratios help investors to determine whether Zhuzhou 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 Zhuzhou with respect to the benefits of owning Zhuzhou Feilu security.