Xi An (China) Market Value
| 300775 Stock | 24.15 0.33 1.35% |
| Symbol | 300775 |
Xi An '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 Xi An'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 Xi An.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Xi An on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Xi An Triangle or generate 0.0% return on investment in Xi An over 570 days. Xi An is related to or competes with Biwin Storage, PetroChina, Industrial, China Construction, China Petroleum, Agricultural Bank, and Bank of China. Xi An is entity of China. It is traded as Stock on SHE exchange. More
Xi An 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 Xi An'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 Xi An Triangle upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 32.46 | |||
| Value At Risk | (6.20) | |||
| Potential Upside | 8.63 |
Xi An Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xi An's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xi An's standard deviation. In reality, there are many statistical measures that can use Xi An historical prices to predict the future Xi An's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | 0.207 |
Xi An Triangle Backtested Returns
Xi An appears to be not too volatile, given 3 months investment horizon. Xi An Triangle retains Efficiency (Sharpe Ratio) of 0.0564, which attests that the company had a 0.0564% return per unit of price deviation over the last 3 months. We have found twenty-two technical indicators for Xi An, which you can use to evaluate the volatility of the company. Please utilize Xi An's information ratio of (0.05), and Market Risk Adjusted Performance of 0.217 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xi An holds a performance score of 4. The firm owns a Beta (Systematic Risk) of -0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xi An are expected to decrease at a much lower rate. During the bear market, Xi An is likely to outperform the market. Please check Xi An's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to make a quick decision on whether Xi An's current price history will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Xi An Triangle has insignificant reverse predictability. Overlapping area represents the amount of predictability between Xi An time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Xi An Triangle price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Xi An price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 11.65 |
Xi An Triangle lagged returns against current returns
Autocorrelation, which is Xi An 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 Xi An's stock expected returns. We can calculate the autocorrelation of Xi An returns to help us make a trade decision. For example, suppose you find that Xi An 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 |
Xi An 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 Xi An stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xi An stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xi An stock over time.
Current vs Lagged Prices |
| Timeline |
Xi An Lagged Returns
When evaluating Xi An's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xi An stock have on its future price. Xi An 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, Xi An autocorrelation shows the relationship between Xi An stock current value and its past values and can show if there is a momentum factor associated with investing in Xi An Triangle.
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 300775 Stock
Xi An financial ratios help investors to determine whether 300775 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 300775 with respect to the benefits of owning Xi An security.