Cultural Investment (China) Market Value
| 600715 Stock | 2.24 0.10 4.27% |
| Symbol | Cultural |
Cultural Investment '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 Cultural Investment'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 Cultural Investment.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cultural Investment on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cultural Investment Holdings or generate 0.0% return on investment in Cultural Investment over 30 days. Cultural Investment is related to or competes with Omnijoi Media, JiShi Media, Focus Media, Henan Shuanghui, Sportsoul, Hengdian Entertainment, and BCEG Environmental. Cultural Investment is entity of China. It is traded as Stock on SHG exchange. More
Cultural Investment 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 Cultural Investment'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 Cultural Investment Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | 0.1089 | |||
| Maximum Drawdown | 10.24 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 5.0 |
Cultural Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cultural Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cultural Investment's standard deviation. In reality, there are many statistical measures that can use Cultural Investment historical prices to predict the future Cultural Investment's volatility.| Risk Adjusted Performance | 0.1253 | |||
| Jensen Alpha | 0.4908 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1024 | |||
| Treynor Ratio | (1.02) |
Cultural Investment Backtested Returns
Cultural Investment appears to be very risky, given 3 months investment horizon. Cultural Investment secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cultural Investment Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Cultural Investment's Downside Deviation of 3.1, mean deviation of 2.33, and Risk Adjusted Performance of 0.1253 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cultural Investment holds a performance score of 12. The firm shows a Beta (market volatility) of -0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cultural Investment are expected to decrease at a much lower rate. During the bear market, Cultural Investment is likely to outperform the market. Please check Cultural Investment's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Cultural Investment's price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Cultural Investment Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Cultural Investment 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 Cultural Investment price movement. The serial correlation of -0.47 indicates that about 47.0% of current Cultural Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cultural Investment lagged returns against current returns
Autocorrelation, which is Cultural Investment 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 Cultural Investment's stock expected returns. We can calculate the autocorrelation of Cultural Investment returns to help us make a trade decision. For example, suppose you find that Cultural Investment 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 |
Cultural Investment 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 Cultural Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cultural Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cultural Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Cultural Investment Lagged Returns
When evaluating Cultural Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cultural Investment stock have on its future price. Cultural Investment 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, Cultural Investment autocorrelation shows the relationship between Cultural Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Cultural Investment Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cultural Stock
Cultural Investment financial ratios help investors to determine whether Cultural 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 Cultural with respect to the benefits of owning Cultural Investment security.