Soochow Suzhou (China) Market Value
| 508027 Stock | 3.61 0.03 0.84% |
| Symbol | Soochow |
Please note, there is a significant difference between Soochow Suzhou's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soochow Suzhou is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soochow Suzhou'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.
Soochow Suzhou '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 Soochow Suzhou'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 Soochow Suzhou.
| 11/27/2024 |
| 01/26/2025 |
If you would invest 0.00 in Soochow Suzhou on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Soochow Suzhou Industrial or generate 0.0% return on investment in Soochow Suzhou over 60 days. Soochow Suzhou is related to or competes with Industrial, Kweichow Moutai, Agricultural Bank, China Mobile, PetroChina, China Construction, and Bank of China. Soochow Suzhou is entity of China. It is traded as Stock on SHG exchange. More
Soochow Suzhou 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 Soochow Suzhou'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 Soochow Suzhou Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5161 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 1.44 |
Soochow Suzhou Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soochow Suzhou's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soochow Suzhou's standard deviation. In reality, there are many statistical measures that can use Soochow Suzhou historical prices to predict the future Soochow Suzhou's volatility.| Risk Adjusted Performance | 0.1196 | |||
| Jensen Alpha | 0.0808 | |||
| Total Risk Alpha | 0.0514 | |||
| Sortino Ratio | 0.0818 | |||
| Treynor Ratio | 0.5875 |
Soochow Suzhou Industrial Backtested Returns
At this point, Soochow Suzhou is not too volatile. Soochow Suzhou Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Soochow Suzhou Industrial, which you can use to evaluate the volatility of the company. Please validate Soochow Suzhou's Coefficient Of Variation of 691.97, risk adjusted performance of 0.1196, and Semi Deviation of 0.2475 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Soochow Suzhou has a performance score of 12 on a scale of 0 to 100. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Soochow Suzhou's returns are expected to increase less than the market. However, during the bear market, the loss of holding Soochow Suzhou is expected to be smaller as well. Soochow Suzhou Industrial right now has a risk of 0.68%. Please validate Soochow Suzhou standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Soochow Suzhou will be following its existing price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Soochow Suzhou Industrial has weak reverse predictability. Overlapping area represents the amount of predictability between Soochow Suzhou time series from 27th of November 2024 to 27th of December 2024 and 27th of December 2024 to 26th 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 Soochow Suzhou Industrial price movement. The serial correlation of -0.25 indicates that over 25.0% of current Soochow Suzhou price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Soochow Suzhou Industrial lagged returns against current returns
Autocorrelation, which is Soochow Suzhou 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 Soochow Suzhou's stock expected returns. We can calculate the autocorrelation of Soochow Suzhou returns to help us make a trade decision. For example, suppose you find that Soochow Suzhou 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 |
Soochow Suzhou 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 Soochow Suzhou stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soochow Suzhou stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soochow Suzhou stock over time.
Current vs Lagged Prices |
| Timeline |
Soochow Suzhou Lagged Returns
When evaluating Soochow Suzhou's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soochow Suzhou stock have on its future price. Soochow Suzhou 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, Soochow Suzhou autocorrelation shows the relationship between Soochow Suzhou stock current value and its past values and can show if there is a momentum factor associated with investing in Soochow Suzhou Industrial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Soochow Stock
Soochow Suzhou financial ratios help investors to determine whether Soochow 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 Soochow with respect to the benefits of owning Soochow Suzhou security.