Yili Chuanning (China) Market Value
| 301301 Stock | 13.21 0.23 1.77% |
| Symbol | Yili |
Yili Chuanning '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 Yili Chuanning'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 Yili Chuanning.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Yili Chuanning on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Yili Chuanning Biotechnology or generate 0.0% return on investment in Yili Chuanning over 30 days. Yili Chuanning is related to or competes with Agricultural Bank, GRG Banking, Fiberhome Telecommunicatio, Tongyu Communication, Industrial Bank, Guangzhou Haige, and Zhejiang JIULI. Yili Chuanning is entity of China. It is traded as Stock on SHE exchange. More
Yili Chuanning 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 Yili Chuanning'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 Yili Chuanning Biotechnology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.79 | |||
| Information Ratio | 0.0497 | |||
| Maximum Drawdown | 26.58 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.77 |
Yili Chuanning Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yili Chuanning's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yili Chuanning's standard deviation. In reality, there are many statistical measures that can use Yili Chuanning historical prices to predict the future Yili Chuanning's volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.3726 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | (1.07) |
Yili Chuanning Biote Backtested Returns
Yili Chuanning appears to be somewhat reliable, given 3 months investment horizon. Yili Chuanning Biote shows Sharpe Ratio of 0.0898, which attests that the company had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yili Chuanning Biote, which you can use to evaluate the volatility of the company. Please utilize Yili Chuanning's Downside Deviation of 3.79, market risk adjusted performance of (1.06), and Mean Deviation of 2.75 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yili Chuanning holds a performance score of 7. The firm maintains a market beta of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yili Chuanning are expected to decrease at a much lower rate. During the bear market, Yili Chuanning is likely to outperform the market. Please check Yili Chuanning's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Yili Chuanning's historical returns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Yili Chuanning Biotechnology has weak reverse predictability. Overlapping area represents the amount of predictability between Yili Chuanning time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Yili Chuanning Biote price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Yili Chuanning price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Yili Chuanning Biote lagged returns against current returns
Autocorrelation, which is Yili Chuanning 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 Yili Chuanning's stock expected returns. We can calculate the autocorrelation of Yili Chuanning returns to help us make a trade decision. For example, suppose you find that Yili Chuanning 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 |
Yili Chuanning 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 Yili Chuanning stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yili Chuanning stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yili Chuanning stock over time.
Current vs Lagged Prices |
| Timeline |
Yili Chuanning Lagged Returns
When evaluating Yili Chuanning's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yili Chuanning stock have on its future price. Yili Chuanning 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, Yili Chuanning autocorrelation shows the relationship between Yili Chuanning stock current value and its past values and can show if there is a momentum factor associated with investing in Yili Chuanning Biotechnology.
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 Yili Stock
Yili Chuanning financial ratios help investors to determine whether Yili 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 Yili with respect to the benefits of owning Yili Chuanning security.