Panda Dairy (China) Market Value
| 300898 Stock | 20.98 1.22 5.50% |
| Symbol | Panda |
Panda Dairy '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 Panda Dairy'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 Panda Dairy.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Panda Dairy on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Panda Dairy Corp or generate 0.0% return on investment in Panda Dairy over 720 days. Panda Dairy is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. Panda Dairy is entity of China. It is traded as Stock on SHE exchange. More
Panda Dairy 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 Panda Dairy'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 Panda Dairy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.8 | |||
| Information Ratio | 0.0744 | |||
| Maximum Drawdown | 31.84 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 7.74 |
Panda Dairy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panda Dairy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panda Dairy's standard deviation. In reality, there are many statistical measures that can use Panda Dairy historical prices to predict the future Panda Dairy's volatility.| Risk Adjusted Performance | 0.09 | |||
| Jensen Alpha | 0.4525 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0789 | |||
| Treynor Ratio | (1.62) |
Panda Dairy Corp Backtested Returns
Panda Dairy appears to be not too volatile, given 3 months investment horizon. Panda Dairy Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Panda Dairy's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Panda Dairy's Risk Adjusted Performance of 0.09, semi deviation of 3.47, and Coefficient Of Variation of 936.82 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panda Dairy holds a performance score of 10. The company holds a Beta of -0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Panda Dairy are expected to decrease at a much lower rate. During the bear market, Panda Dairy is likely to outperform the market. Please check Panda Dairy's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Panda Dairy's historical price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Panda Dairy Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Panda Dairy time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Panda Dairy Corp price movement. The serial correlation of -0.2 indicates that over 20.0% of current Panda Dairy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 6.53 |
Panda Dairy Corp lagged returns against current returns
Autocorrelation, which is Panda Dairy 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 Panda Dairy's stock expected returns. We can calculate the autocorrelation of Panda Dairy returns to help us make a trade decision. For example, suppose you find that Panda Dairy 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 |
Panda Dairy 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 Panda Dairy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panda Dairy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panda Dairy stock over time.
Current vs Lagged Prices |
| Timeline |
Panda Dairy Lagged Returns
When evaluating Panda Dairy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panda Dairy stock have on its future price. Panda Dairy 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, Panda Dairy autocorrelation shows the relationship between Panda Dairy stock current value and its past values and can show if there is a momentum factor associated with investing in Panda Dairy Corp.
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 Panda Stock
Panda Dairy financial ratios help investors to determine whether Panda 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 Panda with respect to the benefits of owning Panda Dairy security.