Inner Mongolia (China) Market Value

600010 Stock   1.92  0.02  1.03%   
Inner Mongolia's market value is the price at which a share of Inner Mongolia trades on a public exchange. It measures the collective expectations of Inner Mongolia BaoTou investors about its performance. Inner Mongolia is trading at 1.92 as of the 22nd of November 2024, a 1.03 percent decrease since the beginning of the trading day. The stock's open price was 1.94.
With this module, you can estimate the performance of a buy and hold strategy of Inner Mongolia BaoTou and determine expected loss or profit from investing in Inner Mongolia over a given investment horizon. Check out Inner Mongolia Correlation, Inner Mongolia Volatility and Inner Mongolia Alpha and Beta module to complement your research on Inner Mongolia.
Symbol

Please note, there is a significant difference between Inner Mongolia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inner Mongolia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inner Mongolia'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.

Inner Mongolia '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 Inner Mongolia'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 Inner Mongolia.
0.00
10/23/2024
No Change 0.00  0.0 
In 31 days
11/22/2024
0.00
If you would invest  0.00  in Inner Mongolia on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Inner Mongolia BaoTou or generate 0.0% return on investment in Inner Mongolia over 30 days. Inner Mongolia is related to or competes with Western Metal, Cangzhou Mingzhu, Ningxia Building, Kangxin New, Levima Advanced, and Shenzhen Topway. More

Inner Mongolia 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 Inner Mongolia'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 Inner Mongolia BaoTou upside and downside potential and time the market with a certain degree of confidence.

Inner Mongolia Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Inner Mongolia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inner Mongolia's standard deviation. In reality, there are many statistical measures that can use Inner Mongolia historical prices to predict the future Inner Mongolia's volatility.
Hype
Prediction
LowEstimatedHigh
0.101.925.37
Details
Intrinsic
Valuation
LowRealHigh
0.081.565.01
Details
Naive
Forecast
LowNextHigh
0.041.765.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.531.892.25
Details

Inner Mongolia BaoTou Backtested Returns

Inner Mongolia appears to be very risky, given 3 months investment horizon. Inner Mongolia BaoTou holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Inner Mongolia's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Inner Mongolia's Risk Adjusted Performance of 0.1304, downside deviation of 3.05, and Market Risk Adjusted Performance of (0.69) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inner Mongolia holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.78, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Inner Mongolia are expected to decrease at a much lower rate. During the bear market, Inner Mongolia is likely to outperform the market. Please check Inner Mongolia's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Inner Mongolia's current trending patterns will revert.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Inner Mongolia BaoTou has very good reverse predictability. Overlapping area represents the amount of predictability between Inner Mongolia time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Inner Mongolia BaoTou price movement. The serial correlation of -0.66 indicates that around 66.0% of current Inner Mongolia price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.65
Residual Average0.0
Price Variance0.01

Inner Mongolia BaoTou lagged returns against current returns

Autocorrelation, which is Inner Mongolia 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 Inner Mongolia's stock expected returns. We can calculate the autocorrelation of Inner Mongolia returns to help us make a trade decision. For example, suppose you find that Inner Mongolia 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  

Inner Mongolia 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 Inner Mongolia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inner Mongolia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inner Mongolia stock over time.
   Current vs Lagged Prices   
       Timeline  

Inner Mongolia Lagged Returns

When evaluating Inner Mongolia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inner Mongolia stock have on its future price. Inner Mongolia 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, Inner Mongolia autocorrelation shows the relationship between Inner Mongolia stock current value and its past values and can show if there is a momentum factor associated with investing in Inner Mongolia BaoTou.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Inner Stock

Inner Mongolia financial ratios help investors to determine whether Inner 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 Inner with respect to the benefits of owning Inner Mongolia security.