Kweichow Moutai (China) Market Value
| 600519 Stock | 1,435 1.01 0.07% |
| Symbol | Kweichow |
Kweichow Moutai '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 Kweichow Moutai'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 Kweichow Moutai.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Kweichow Moutai on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kweichow Moutai Co or generate 0.0% return on investment in Kweichow Moutai over 30 days. Kweichow Moutai is related to or competes with Northern United, Heren Health, Shanghai Action, Youngy Health, Duzhe Publishing, and Anhui Huaren. Kweichow Moutai is entity of China. It is traded as Stock on SHG exchange. More
Kweichow Moutai 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 Kweichow Moutai'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 Kweichow Moutai Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 1.97 |
Kweichow Moutai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kweichow Moutai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kweichow Moutai's standard deviation. In reality, there are many statistical measures that can use Kweichow Moutai historical prices to predict the future Kweichow Moutai's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.48) |
Kweichow Moutai Backtested Returns
Kweichow Moutai has Sharpe Ratio of -0.0784, which conveys that the firm had a -0.0784 % return per unit of risk over the last 3 months. Kweichow Moutai exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kweichow Moutai's Risk Adjusted Performance of (0.08), mean deviation of 0.8541, and Standard Deviation of 1.26 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kweichow Moutai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kweichow Moutai is expected to be smaller as well. At this point, Kweichow Moutai has a negative expected return of -0.0994%. Please make sure to verify Kweichow Moutai's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Kweichow Moutai performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Kweichow Moutai Co has poor predictability. Overlapping area represents the amount of predictability between Kweichow Moutai time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 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 Kweichow Moutai price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Kweichow Moutai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 220.63 |
Kweichow Moutai lagged returns against current returns
Autocorrelation, which is Kweichow Moutai 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 Kweichow Moutai's stock expected returns. We can calculate the autocorrelation of Kweichow Moutai returns to help us make a trade decision. For example, suppose you find that Kweichow Moutai 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 |
Kweichow Moutai 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 Kweichow Moutai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kweichow Moutai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kweichow Moutai stock over time.
Current vs Lagged Prices |
| Timeline |
Kweichow Moutai Lagged Returns
When evaluating Kweichow Moutai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kweichow Moutai stock have on its future price. Kweichow Moutai 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, Kweichow Moutai autocorrelation shows the relationship between Kweichow Moutai stock current value and its past values and can show if there is a momentum factor associated with investing in Kweichow Moutai Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kweichow Stock
Kweichow Moutai financial ratios help investors to determine whether Kweichow 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 Kweichow with respect to the benefits of owning Kweichow Moutai security.