China United (China) Market Value
| 600050 Stock | 6.61 0.02 0.30% |
| Symbol | China |
China United '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 China United'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 China United.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in China United on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding China United Network or generate 0.0% return on investment in China United over 30 days. China United is related to or competes with Thunder Software, Industrial Bank, Ping An, Dhc Software, Inspur Software, Lecron Energy, and Glodon Software. More
China United 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 China United'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 China United Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.1827 | |||
| Maximum Drawdown | 12.59 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 8.73 |
China United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China United's standard deviation. In reality, there are many statistical measures that can use China United historical prices to predict the future China United's volatility.| Risk Adjusted Performance | 0.1426 | |||
| Jensen Alpha | 0.4617 | |||
| Total Risk Alpha | 0.4853 | |||
| Sortino Ratio | 0.2631 | |||
| Treynor Ratio | (3.06) |
China United Network Backtested Returns
China United appears to be slightly risky, given 3 months investment horizon. China United Network secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China United Network, which you can use to evaluate the volatility of the firm. Please makes use of China United's Mean Deviation of 1.54, downside deviation of 1.78, and Risk Adjusted Performance of 0.1426 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China United holds a performance score of 14. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China United are expected to decrease at a much lower rate. During the bear market, China United is likely to outperform the market. Please check China United's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether China United's price patterns will revert.
Auto-correlation | 0.95 |
Excellent predictability
China United Network has excellent predictability. Overlapping area represents the amount of predictability between China United time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 China United Network price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current China United price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
China United Network lagged returns against current returns
Autocorrelation, which is China United 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 China United's stock expected returns. We can calculate the autocorrelation of China United returns to help us make a trade decision. For example, suppose you find that China United 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 |
China United 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 China United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China United stock over time.
Current vs Lagged Prices |
| Timeline |
China United Lagged Returns
When evaluating China United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China United stock have on its future price. China United 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, China United autocorrelation shows the relationship between China United stock current value and its past values and can show if there is a momentum factor associated with investing in China United Network.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China United financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China United security.