Beijing Sanyuan (China) Market Value
| 600429 Stock | 4.21 0.15 3.44% |
| Symbol | Beijing |
Beijing Sanyuan '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 Beijing Sanyuan'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 Beijing Sanyuan.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Beijing Sanyuan on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Sanyuan Foods or generate 0.0% return on investment in Beijing Sanyuan over 270 days. Beijing Sanyuan is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. Beijing Sanyuan is entity of China. It is traded as Stock on SHG exchange. More
Beijing Sanyuan 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 Beijing Sanyuan'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 Beijing Sanyuan Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.007 | |||
| Maximum Drawdown | 14.36 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 4.06 |
Beijing Sanyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Sanyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Sanyuan's standard deviation. In reality, there are many statistical measures that can use Beijing Sanyuan historical prices to predict the future Beijing Sanyuan's volatility.| Risk Adjusted Performance | 0.0595 | |||
| Jensen Alpha | 0.1459 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0066 | |||
| Treynor Ratio | (1.55) |
Beijing Sanyuan Foods Backtested Returns
Beijing Sanyuan appears to be slightly risky, given 3 months investment horizon. Beijing Sanyuan Foods secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Beijing Sanyuan Foods, which you can use to evaluate the volatility of the firm. Please makes use of Beijing Sanyuan's Risk Adjusted Performance of 0.0595, downside deviation of 2.21, and Mean Deviation of 1.36 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Sanyuan holds a performance score of 10. The firm shows a Beta (market volatility) of -0.0871, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Sanyuan are expected to decrease at a much lower rate. During the bear market, Beijing Sanyuan is likely to outperform the market. Please check Beijing Sanyuan's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing Sanyuan's price patterns will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Beijing Sanyuan Foods has good reverse predictability. Overlapping area represents the amount of predictability between Beijing Sanyuan time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Beijing Sanyuan Foods price movement. The serial correlation of -0.55 indicates that about 55.0% of current Beijing Sanyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Beijing Sanyuan Foods lagged returns against current returns
Autocorrelation, which is Beijing Sanyuan 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 Beijing Sanyuan's stock expected returns. We can calculate the autocorrelation of Beijing Sanyuan returns to help us make a trade decision. For example, suppose you find that Beijing Sanyuan 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 |
Beijing Sanyuan 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 Beijing Sanyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Sanyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Sanyuan stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Sanyuan Lagged Returns
When evaluating Beijing Sanyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Sanyuan stock have on its future price. Beijing Sanyuan 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, Beijing Sanyuan autocorrelation shows the relationship between Beijing Sanyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Sanyuan Foods.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Sanyuan financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Sanyuan security.