Sihui Fuji (China) Market Value
| 300852 Stock | 28.85 1.18 4.26% |
| Symbol | Sihui |
Sihui Fuji '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 Sihui Fuji'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 Sihui Fuji.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Sihui Fuji on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Sihui Fuji Electronics or generate 0.0% return on investment in Sihui Fuji over 30 days. Sihui Fuji is related to or competes with Jointo Energy, Changchun, Henan Shuanghui, Tieling Newcity, Hubei Geoway, HanS Laser, and Holitech Technology. Sihui Fuji is entity of China. It is traded as Stock on SHE exchange. More
Sihui Fuji 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 Sihui Fuji'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 Sihui Fuji Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.1379 | |||
| Maximum Drawdown | 26.41 | |||
| Value At Risk | (5.24) | |||
| Potential Upside | 6.06 |
Sihui Fuji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sihui Fuji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sihui Fuji's standard deviation. In reality, there are many statistical measures that can use Sihui Fuji historical prices to predict the future Sihui Fuji's volatility.| Risk Adjusted Performance | 0.1271 | |||
| Jensen Alpha | 0.5983 | |||
| Total Risk Alpha | 0.4156 | |||
| Sortino Ratio | 0.1603 | |||
| Treynor Ratio | (2.69) |
Sihui Fuji Electronics Backtested Returns
Sihui Fuji appears to be not too volatile, given 3 months investment horizon. Sihui Fuji Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Sihui Fuji's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Sihui Fuji's Coefficient Of Variation of 671.15, risk adjusted performance of 0.1271, and Semi Deviation of 3.05 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sihui Fuji holds a performance score of 11. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sihui Fuji are expected to decrease at a much lower rate. During the bear market, Sihui Fuji is likely to outperform the market. Please check Sihui Fuji's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Sihui Fuji's existing price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Sihui Fuji Electronics has weak predictability. Overlapping area represents the amount of predictability between Sihui Fuji time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Sihui Fuji Electronics price movement. The serial correlation of 0.23 indicates that over 23.0% of current Sihui Fuji price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Sihui Fuji Electronics lagged returns against current returns
Autocorrelation, which is Sihui Fuji 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 Sihui Fuji's stock expected returns. We can calculate the autocorrelation of Sihui Fuji returns to help us make a trade decision. For example, suppose you find that Sihui Fuji 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 |
Sihui Fuji 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 Sihui Fuji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sihui Fuji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sihui Fuji stock over time.
Current vs Lagged Prices |
| Timeline |
Sihui Fuji Lagged Returns
When evaluating Sihui Fuji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sihui Fuji stock have on its future price. Sihui Fuji 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, Sihui Fuji autocorrelation shows the relationship between Sihui Fuji stock current value and its past values and can show if there is a momentum factor associated with investing in Sihui Fuji Electronics.
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 Sihui Stock
Sihui Fuji financial ratios help investors to determine whether Sihui 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 Sihui with respect to the benefits of owning Sihui Fuji security.