Poly Real (China) Market Value
| 600048 Stock | 9.74 0.01 0.10% |
| Symbol | Poly |
Poly Real '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 Poly Real'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 Poly Real.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Poly Real on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Poly Real Estate or generate 0.0% return on investment in Poly Real over 300 days. Poly Real is related to or competes with Hangzhou Gaoxin, Humanwell Healthcare, Renxin New, Suzhou Xingye, Sanbo Hospital, Shanghai Rongtai, and Yunnan Jianzhijia. More
Poly Real 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 Poly Real'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 Poly Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0954 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 9.97 |
Poly Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poly Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poly Real's standard deviation. In reality, there are many statistical measures that can use Poly Real historical prices to predict the future Poly Real's volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.4434 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0973 | |||
| Treynor Ratio | 4.94 |
Poly Real Estate Backtested Returns
Poly Real appears to be slightly risky, given 3 months investment horizon. Poly Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Poly Real Estate, which you can use to evaluate the volatility of the company. Please evaluate Poly Real's Coefficient Of Variation of 758.01, semi deviation of 2.99, and Risk Adjusted Performance of 0.1087 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Poly Real holds a performance score of 10. The company holds a Beta of 0.0919, which implies not very significant fluctuations relative to the market. As returns on the market increase, Poly Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Poly Real is expected to be smaller as well. Please check Poly Real's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Poly Real's historical price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Poly Real Estate has good predictability. Overlapping area represents the amount of predictability between Poly Real time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Poly Real Estate price movement. The serial correlation of 0.72 indicates that around 72.0% of current Poly Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.52 |
Poly Real Estate lagged returns against current returns
Autocorrelation, which is Poly Real 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 Poly Real's stock expected returns. We can calculate the autocorrelation of Poly Real returns to help us make a trade decision. For example, suppose you find that Poly Real 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 |
Poly Real 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 Poly Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poly Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poly Real stock over time.
Current vs Lagged Prices |
| Timeline |
Poly Real Lagged Returns
When evaluating Poly Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poly Real stock have on its future price. Poly Real 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, Poly Real autocorrelation shows the relationship between Poly Real stock current value and its past values and can show if there is a momentum factor associated with investing in Poly Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Poly Stock
Poly Real financial ratios help investors to determine whether Poly 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 Poly with respect to the benefits of owning Poly Real security.