Shunfeng International (Germany) Market Value
| 3SH Stock | EUR 0 0 33.33% |
| Symbol | Shunfeng |
Shunfeng International '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 Shunfeng International'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 Shunfeng International.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Shunfeng International on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Shunfeng International Clean or generate 0.0% return on investment in Shunfeng International over 30 days. Shunfeng International is related to or competes with Sunrun, SMA Solar, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Shunfeng International Clean Energy Limited, together with its subsidiaries, manufactures and sells solar products More
Shunfeng International 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 Shunfeng International'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 Shunfeng International Clean upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.81 | |||
| Information Ratio | 0.1295 | |||
| Maximum Drawdown | 543.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Shunfeng International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shunfeng International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shunfeng International's standard deviation. In reality, there are many statistical measures that can use Shunfeng International historical prices to predict the future Shunfeng International's volatility.| Risk Adjusted Performance | 0.1048 | |||
| Jensen Alpha | 8.05 | |||
| Total Risk Alpha | (1.77) | |||
| Sortino Ratio | 0.3034 | |||
| Treynor Ratio | 1.95 |
Shunfeng International Backtested Returns
Shunfeng International is out of control given 3 months investment horizon. Shunfeng International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 8.83% are justified by taking the suggested risk. Use Shunfeng International Semi Deviation of 9.06, risk adjusted performance of 0.1048, and Coefficient Of Variation of 760.89 to evaluate company specific risk that cannot be diversified away. Shunfeng International holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 4.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shunfeng International will likely underperform. Use Shunfeng International information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on Shunfeng International.
Auto-correlation | 0.77 |
Good predictability
Shunfeng International Clean has good predictability. Overlapping area represents the amount of predictability between Shunfeng International time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Shunfeng International price movement. The serial correlation of 0.77 indicates that around 77.0% of current Shunfeng International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shunfeng International lagged returns against current returns
Autocorrelation, which is Shunfeng International 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 Shunfeng International's stock expected returns. We can calculate the autocorrelation of Shunfeng International returns to help us make a trade decision. For example, suppose you find that Shunfeng International 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 |
Shunfeng International 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 Shunfeng International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shunfeng International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shunfeng International stock over time.
Current vs Lagged Prices |
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Shunfeng International Lagged Returns
When evaluating Shunfeng International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shunfeng International stock have on its future price. Shunfeng International 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, Shunfeng International autocorrelation shows the relationship between Shunfeng International stock current value and its past values and can show if there is a momentum factor associated with investing in Shunfeng International Clean.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shunfeng Stock
Shunfeng International financial ratios help investors to determine whether Shunfeng 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 Shunfeng with respect to the benefits of owning Shunfeng International security.