Sublime China's market value is the price at which a share of Sublime China trades on a public exchange. It measures the collective expectations of Sublime China Information investors about its performance. Sublime China is trading at 60.59 as of the 9th of January 2025, a 8.45% up since the beginning of the trading day. The stock's open price was 55.87. With this module, you can estimate the performance of a buy and hold strategy of Sublime China Information and determine expected loss or profit from investing in Sublime China over a given investment horizon. Check out Sublime China Correlation, Sublime China Volatility and Sublime China Alpha and Beta module to complement your research on Sublime China.
Please note, there is a significant difference between Sublime China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sublime China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sublime China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sublime China '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 Sublime China'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 Sublime China.
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01/20/2023
No Change 0.00
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In 1 year 11 months and 22 days
01/09/2025
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If you would invest 0.00 in Sublime China on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Sublime China Information or generate 0.0% return on investment in Sublime China over 720 days. Sublime China is related to or competes with Songz Automobile, Dareway Software, Jiugui Liquor, Anhui Jianghuai, Allwin Telecommunicatio, Dhc Software, and Quectel Wireless. Sublime China is entity of China. It is traded as Stock on SHE exchange. More
Sublime China 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 Sublime China'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 Sublime China Information upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sublime China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sublime China's standard deviation. In reality, there are many statistical measures that can use Sublime China historical prices to predict the future Sublime China's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sublime China. Your research has to be compared to or analyzed against Sublime China's peers to derive any actionable benefits. When done correctly, Sublime China's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sublime China Information.
Sublime China Information Backtested Returns
Sublime China appears to be very steady, given 3 months investment horizon. Sublime China Information owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0789, which indicates the firm had a 0.0789% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Sublime China Information, which you can use to evaluate the volatility of the company. Please review Sublime China's Variance of 19.45, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,675) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sublime China holds a performance score of 6. The entity has a beta of 0.0228, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sublime China's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sublime China is expected to be smaller as well. Please check Sublime China's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Sublime China's existing price patterns will revert.
Auto-correlation
-0.02
Very weak reverse predictability
Sublime China Information has very weak reverse predictability. Overlapping area represents the amount of predictability between Sublime China time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sublime China Information price movement. The serial correlation of -0.02 indicates that only 2.0% of current Sublime China price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.02
Spearman Rank Test
0.17
Residual Average
0.0
Price Variance
63.97
Sublime China Information lagged returns against current returns
Autocorrelation, which is Sublime China 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 Sublime China's stock expected returns. We can calculate the autocorrelation of Sublime China returns to help us make a trade decision. For example, suppose you find that Sublime China 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
Sublime China 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 Sublime China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sublime China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sublime China stock over time.
Current vs Lagged Prices
Timeline
Sublime China Lagged Returns
When evaluating Sublime China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sublime China stock have on its future price. Sublime China 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, Sublime China autocorrelation shows the relationship between Sublime China stock current value and its past values and can show if there is a momentum factor associated with investing in Sublime China Information.
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.
Sublime China financial ratios help investors to determine whether Sublime 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 Sublime with respect to the benefits of owning Sublime China security.