Shenzhen Dynanonic (China) Market Value
| 300769 Stock | 39.84 0.21 0.52% |
| Symbol | Shenzhen |
Shenzhen Dynanonic '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 Shenzhen Dynanonic'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 Shenzhen Dynanonic.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Shenzhen Dynanonic on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Shenzhen Dynanonic Co or generate 0.0% return on investment in Shenzhen Dynanonic over 720 days. Shenzhen Dynanonic is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Inner Mongolia, Jiangxi Ganfeng, and Hoshine Silicon. Shenzhen Dynanonic is entity of China. It is traded as Stock on SHE exchange. More
Shenzhen Dynanonic 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 Shenzhen Dynanonic'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 Shenzhen Dynanonic Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.1521 | |||
| Maximum Drawdown | 30.4 | |||
| Value At Risk | (7.11) | |||
| Potential Upside | 12.51 |
Shenzhen Dynanonic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Dynanonic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Dynanonic's standard deviation. In reality, there are many statistical measures that can use Shenzhen Dynanonic historical prices to predict the future Shenzhen Dynanonic's volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | 0.6634 | |||
| Sortino Ratio | 0.2233 | |||
| Treynor Ratio | 6.56 |
Shenzhen Dynanonic Backtested Returns
At this point, Shenzhen Dynanonic is not too volatile. Shenzhen Dynanonic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0256, which indicates the firm had a 0.0256% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shenzhen Dynanonic Co, which you can use to evaluate the volatility of the company. Please validate Shenzhen Dynanonic's Risk Adjusted Performance of 0.1362, coefficient of variation of 623.05, and Semi Deviation of 3.84 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Shenzhen Dynanonic has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenzhen Dynanonic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Dynanonic is expected to be smaller as well. Shenzhen Dynanonic right now has a risk of 5.41%. Please validate Shenzhen Dynanonic market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Shenzhen Dynanonic will be following its existing price patterns.
Auto-correlation | 0.20 |
Weak predictability
Shenzhen Dynanonic Co has weak predictability. Overlapping area represents the amount of predictability between Shenzhen Dynanonic time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th of December 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 Shenzhen Dynanonic price movement. The serial correlation of 0.2 indicates that over 20.0% of current Shenzhen Dynanonic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 80.35 |
Shenzhen Dynanonic lagged returns against current returns
Autocorrelation, which is Shenzhen Dynanonic 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 Shenzhen Dynanonic's stock expected returns. We can calculate the autocorrelation of Shenzhen Dynanonic returns to help us make a trade decision. For example, suppose you find that Shenzhen Dynanonic 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 |
Shenzhen Dynanonic 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 Shenzhen Dynanonic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Dynanonic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Dynanonic stock over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Dynanonic Lagged Returns
When evaluating Shenzhen Dynanonic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Dynanonic stock have on its future price. Shenzhen Dynanonic 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, Shenzhen Dynanonic autocorrelation shows the relationship between Shenzhen Dynanonic stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Dynanonic Co.
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 Shenzhen Stock
Shenzhen Dynanonic financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Dynanonic security.