Long Yuan's market value is the price at which a share of Long Yuan trades on a public exchange. It measures the collective expectations of Long Yuan Construction investors about its performance. Long Yuan is trading at 3.66 as of the 1st of February 2025, a 0.81 percent decrease since the beginning of the trading day. The stock's open price was 3.69. With this module, you can estimate the performance of a buy and hold strategy of Long Yuan Construction and determine expected loss or profit from investing in Long Yuan over a given investment horizon. Check out Long Yuan Correlation, Long Yuan Volatility and Long Yuan Alpha and Beta module to complement your research on Long Yuan.
Please note, there is a significant difference between Long Yuan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Long Yuan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Long Yuan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Long Yuan '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 Long Yuan'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 Long Yuan.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Long Yuan'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 Long Yuan Construction upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Long Yuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Long Yuan's standard deviation. In reality, there are many statistical measures that can use Long Yuan historical prices to predict the future Long Yuan's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Long Yuan. Your research has to be compared to or analyzed against Long Yuan's peers to derive any actionable benefits. When done correctly, Long Yuan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Long Yuan Construction.
Long Yuan Construction Backtested Returns
Long Yuan Construction has Sharpe Ratio of -0.0222, which conveys that the firm had a -0.0222 % return per unit of risk over the last 3 months. Long Yuan exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Long Yuan's Mean Deviation of 2.32, risk adjusted performance of (0.01), and Standard Deviation of 3.17 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Long Yuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Long Yuan is expected to be smaller as well. At this point, Long Yuan Construction has a negative expected return of -0.0657%. Please make sure to verify Long Yuan's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Long Yuan Construction performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.55
Good reverse predictability
Long Yuan Construction has good reverse predictability. Overlapping area represents the amount of predictability between Long Yuan time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 Long Yuan Construction price movement. The serial correlation of -0.55 indicates that about 55.0% of current Long Yuan price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.55
Spearman Rank Test
-0.33
Residual Average
0.0
Price Variance
0.01
Long Yuan Construction lagged returns against current returns
Autocorrelation, which is Long Yuan 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 Long Yuan's stock expected returns. We can calculate the autocorrelation of Long Yuan returns to help us make a trade decision. For example, suppose you find that Long Yuan 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
Long Yuan 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 Long Yuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Long Yuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Long Yuan stock over time.
Current vs Lagged Prices
Timeline
Long Yuan Lagged Returns
When evaluating Long Yuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Long Yuan stock have on its future price. Long Yuan 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, Long Yuan autocorrelation shows the relationship between Long Yuan stock current value and its past values and can show if there is a momentum factor associated with investing in Long Yuan Construction.
Long Yuan financial ratios help investors to determine whether Long 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 Long with respect to the benefits of owning Long Yuan security.