Jinyu Bio (China) Market Value
| 600201 Stock | 6.94 0.24 3.58% |
| Symbol | Jinyu |
Jinyu Bio '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 Jinyu Bio'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 Jinyu Bio.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jinyu Bio on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Jinyu Bio Technology Co or generate 0.0% return on investment in Jinyu Bio over 180 days. Jinyu Bio is related to or competes with Tongling Nonferrous, Shandong Hongchuang, Tianshan Aluminum, Lander Sports, Rising Nonferrous, Anhui Transport, and Sino Platinum. Jinyu Bio is entity of China. It is traded as Stock on SHG exchange. More
Jinyu Bio 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 Jinyu Bio'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 Jinyu Bio Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0325 | |||
| Maximum Drawdown | 17.03 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.55 |
Jinyu Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jinyu Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jinyu Bio's standard deviation. In reality, there are many statistical measures that can use Jinyu Bio historical prices to predict the future Jinyu Bio's volatility.| Risk Adjusted Performance | 0.0733 | |||
| Jensen Alpha | 0.2359 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0315 | |||
| Treynor Ratio | (1.03) |
Jinyu Bio Technology Backtested Returns
Jinyu Bio appears to be slightly risky, given 3 months investment horizon. Jinyu Bio Technology holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jinyu Bio Technology, which you can use to evaluate the volatility of the firm. Please utilize Jinyu Bio's Market Risk Adjusted Performance of (1.02), downside deviation of 2.61, and Risk Adjusted Performance of 0.0733 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jinyu Bio holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jinyu Bio are expected to decrease at a much lower rate. During the bear market, Jinyu Bio is likely to outperform the market. Please check Jinyu Bio's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Jinyu Bio's current trending patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Jinyu Bio Technology Co has very good reverse predictability. Overlapping area represents the amount of predictability between Jinyu Bio time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Jinyu Bio Technology price movement. The serial correlation of -0.67 indicates that around 67.0% of current Jinyu Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Jinyu Bio Technology lagged returns against current returns
Autocorrelation, which is Jinyu Bio 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 Jinyu Bio's stock expected returns. We can calculate the autocorrelation of Jinyu Bio returns to help us make a trade decision. For example, suppose you find that Jinyu Bio 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 |
Jinyu Bio 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 Jinyu Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jinyu Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jinyu Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Jinyu Bio Lagged Returns
When evaluating Jinyu Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jinyu Bio stock have on its future price. Jinyu Bio 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, Jinyu Bio autocorrelation shows the relationship between Jinyu Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Jinyu Bio Technology Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jinyu Stock
Jinyu Bio financial ratios help investors to determine whether Jinyu 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 Jinyu with respect to the benefits of owning Jinyu Bio security.