Beijing Capital (China) Market Value
| 600008 Stock | 3.28 0.02 0.61% |
| Symbol | Beijing |
Beijing Capital '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 Beijing Capital'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 Beijing Capital.
| 02/04/2024 |
| 11/30/2024 |
If you would invest 0.00 in Beijing Capital on February 4, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Capital Co or generate 0.0% return on investment in Beijing Capital over 300 days. Beijing Capital is related to or competes with Jiangsu Phoenix, Southern PublishingMedia, Qtone Education, Xinhua Winshare, Northking Information, Shanghai Action, and China Marine. More
Beijing Capital 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 Beijing Capital'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 Beijing Capital Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.0544 | |||
| Maximum Drawdown | 13.43 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.62 |
Beijing Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Capital's standard deviation. In reality, there are many statistical measures that can use Beijing Capital historical prices to predict the future Beijing Capital's volatility.| Risk Adjusted Performance | 0.0977 | |||
| Jensen Alpha | 0.2432 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0522 | |||
| Treynor Ratio | (35.64) |
Beijing Capital Backtested Returns
Beijing Capital appears to be moderately volatile, given 3 months investment horizon. Beijing Capital secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Beijing Capital Co, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Capital's Risk Adjusted Performance of 0.0977, downside deviation of 2.2, and Mean Deviation of 1.6 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Capital holds a performance score of 9. The firm shows a Beta (market volatility) of -0.0068, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Capital are expected to decrease at a much lower rate. During the bear market, Beijing Capital is likely to outperform the market. Please check Beijing Capital's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing Capital's price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Beijing Capital Co has weak reverse predictability. Overlapping area represents the amount of predictability between Beijing Capital time series from 4th of February 2024 to 3rd of July 2024 and 3rd of July 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 Beijing Capital price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Beijing Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Beijing Capital lagged returns against current returns
Autocorrelation, which is Beijing Capital 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 Beijing Capital's stock expected returns. We can calculate the autocorrelation of Beijing Capital returns to help us make a trade decision. For example, suppose you find that Beijing Capital 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 |
Beijing Capital 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 Beijing Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Capital Lagged Returns
When evaluating Beijing Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Capital stock have on its future price. Beijing Capital 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, Beijing Capital autocorrelation shows the relationship between Beijing Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Capital Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Capital financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Capital security.