Kunwu Jiuding (China) Market Value
| 600053 Stock | 14.82 0.80 5.12% |
| Symbol | Kunwu |
Kunwu Jiuding '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 Kunwu Jiuding'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 Kunwu Jiuding.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Kunwu Jiuding on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Kunwu Jiuding Investment or generate 0.0% return on investment in Kunwu Jiuding over 720 days. Kunwu Jiuding is related to or competes with New China, Ming Yang, Loctek Ergonomic, Hunan Nanling, Shandong Ruifeng, Jiangsu Seagull, and Inner Mongolia. Kunwu Jiuding is entity of China. It is traded as Stock on SHG exchange. More
Kunwu Jiuding 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 Kunwu Jiuding'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 Kunwu Jiuding Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.96 | |||
| Information Ratio | 0.052 | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 8.78 |
Kunwu Jiuding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kunwu Jiuding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kunwu Jiuding's standard deviation. In reality, there are many statistical measures that can use Kunwu Jiuding historical prices to predict the future Kunwu Jiuding's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.3988 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | (0.64) |
Kunwu Jiuding Investment Backtested Returns
Kunwu Jiuding appears to be somewhat reliable, given 3 months investment horizon. Kunwu Jiuding Investment has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kunwu Jiuding, which you can use to evaluate the volatility of the firm. Please exercise Kunwu Jiuding's Downside Deviation of 3.96, risk adjusted performance of 0.0723, and Mean Deviation of 3.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kunwu Jiuding holds a performance score of 8. The company secures a Beta (Market Risk) of -0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kunwu Jiuding are expected to decrease at a much lower rate. During the bear market, Kunwu Jiuding is likely to outperform the market. Please check Kunwu Jiuding's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Kunwu Jiuding's current price movements will revert.
Auto-correlation | 0.36 |
Below average predictability
Kunwu Jiuding Investment has below average predictability. Overlapping area represents the amount of predictability between Kunwu Jiuding time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Kunwu Jiuding Investment price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Kunwu Jiuding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 4.09 |
Kunwu Jiuding Investment lagged returns against current returns
Autocorrelation, which is Kunwu Jiuding 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 Kunwu Jiuding's stock expected returns. We can calculate the autocorrelation of Kunwu Jiuding returns to help us make a trade decision. For example, suppose you find that Kunwu Jiuding 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 |
Kunwu Jiuding 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 Kunwu Jiuding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kunwu Jiuding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kunwu Jiuding stock over time.
Current vs Lagged Prices |
| Timeline |
Kunwu Jiuding Lagged Returns
When evaluating Kunwu Jiuding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kunwu Jiuding stock have on its future price. Kunwu Jiuding 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, Kunwu Jiuding autocorrelation shows the relationship between Kunwu Jiuding stock current value and its past values and can show if there is a momentum factor associated with investing in Kunwu Jiuding Investment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kunwu Stock
Kunwu Jiuding financial ratios help investors to determine whether Kunwu 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 Kunwu with respect to the benefits of owning Kunwu Jiuding security.