Panda Financial (China) Market Value
| 600599 Stock | 13.70 0.42 2.97% |
| Symbol | Panda |
Panda Financial '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 Panda Financial'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 Panda Financial.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Panda Financial on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Panda Financial Holding or generate 0.0% return on investment in Panda Financial over 720 days. Panda Financial is related to or competes with New China, Ming Yang, Loctek Ergonomic, Xiamen East, Hi Trend, Changchun Faway, and Hunan Nanling. Panda Financial is entity of China. It is traded as Stock on SHG exchange. More
Panda Financial 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 Panda Financial'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 Panda Financial Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | 0.2234 | |||
| Maximum Drawdown | 10.06 | |||
| Value At Risk | (4.99) | |||
| Potential Upside | 5.03 |
Panda Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panda Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panda Financial's standard deviation. In reality, there are many statistical measures that can use Panda Financial historical prices to predict the future Panda Financial's volatility.| Risk Adjusted Performance | 0.2055 | |||
| Jensen Alpha | 0.7947 | |||
| Total Risk Alpha | 0.3803 | |||
| Sortino Ratio | 0.2271 | |||
| Treynor Ratio | (3.77) |
Panda Financial Holding Backtested Returns
Panda Financial appears to be somewhat reliable, given 3 months investment horizon. Panda Financial Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Panda Financial's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Panda Financial's Risk Adjusted Performance of 0.2055, coefficient of variation of 385.15, and Semi Deviation of 2.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panda Financial holds a performance score of 17. The company holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Panda Financial are expected to decrease at a much lower rate. During the bear market, Panda Financial is likely to outperform the market. Please check Panda Financial's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Panda Financial's historical price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Panda Financial Holding has good predictability. Overlapping area represents the amount of predictability between Panda Financial time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Panda Financial Holding price movement. The serial correlation of 0.69 indicates that around 69.0% of current Panda Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 3.98 |
Panda Financial Holding lagged returns against current returns
Autocorrelation, which is Panda Financial 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 Panda Financial's stock expected returns. We can calculate the autocorrelation of Panda Financial returns to help us make a trade decision. For example, suppose you find that Panda Financial 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 |
Panda Financial 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 Panda Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panda Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panda Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Panda Financial Lagged Returns
When evaluating Panda Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panda Financial stock have on its future price. Panda Financial 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, Panda Financial autocorrelation shows the relationship between Panda Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Panda Financial Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Panda Stock
Panda Financial financial ratios help investors to determine whether Panda 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 Panda with respect to the benefits of owning Panda Financial security.