Anhui Jianghuai (China) Market Value
| 600418 Stock | 37.19 1.72 4.42% |
| Symbol | Anhui |
Anhui Jianghuai '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 Anhui Jianghuai'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 Anhui Jianghuai.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Anhui Jianghuai on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Anhui Jianghuai Automobile or generate 0.0% return on investment in Anhui Jianghuai over 30 days. Anhui Jianghuai is related to or competes with Lutian Machinery, China Longyuan, Changshu Tongrun, PetroChina, Bank of China, Guangxi Guiguan, and Yantai North. Anhui Jianghuai is entity of China. It is traded as Stock on SHG exchange. More
Anhui Jianghuai 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 Anhui Jianghuai'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 Anhui Jianghuai Automobile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | 0.2174 | |||
| Maximum Drawdown | 18.2 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 9.99 |
Anhui Jianghuai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Jianghuai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Jianghuai's standard deviation. In reality, there are many statistical measures that can use Anhui Jianghuai historical prices to predict the future Anhui Jianghuai's volatility.| Risk Adjusted Performance | 0.1966 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | 0.3952 | |||
| Sortino Ratio | 0.2758 | |||
| Treynor Ratio | 80.98 |
Anhui Jianghuai Auto Backtested Returns
Anhui Jianghuai is not too volatile given 3 months investment horizon. Anhui Jianghuai Auto secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.4% are justified by taking the suggested risk. Use Anhui Jianghuai risk adjusted performance of 0.1966, and Mean Deviation of 3.41 to evaluate company specific risk that cannot be diversified away. Anhui Jianghuai holds a performance score of 24 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0134, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Anhui Jianghuai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anhui Jianghuai is expected to be smaller as well. Use Anhui Jianghuai downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Anhui Jianghuai.
Auto-correlation | -0.88 |
Excellent reverse predictability
Anhui Jianghuai Automobile has excellent reverse predictability. Overlapping area represents the amount of predictability between Anhui Jianghuai time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Anhui Jianghuai Auto price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Anhui Jianghuai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 6.25 |
Anhui Jianghuai Auto lagged returns against current returns
Autocorrelation, which is Anhui Jianghuai 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 Anhui Jianghuai's stock expected returns. We can calculate the autocorrelation of Anhui Jianghuai returns to help us make a trade decision. For example, suppose you find that Anhui Jianghuai 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 |
Anhui Jianghuai 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 Anhui Jianghuai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Jianghuai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Jianghuai stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Jianghuai Lagged Returns
When evaluating Anhui Jianghuai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Jianghuai stock have on its future price. Anhui Jianghuai 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, Anhui Jianghuai autocorrelation shows the relationship between Anhui Jianghuai stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Jianghuai Automobile.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anhui Stock
Anhui Jianghuai financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Jianghuai security.