Dalian Thermal (China) Market Value

600719 Stock   6.20  0.00  0.00%   
Dalian Thermal's market value is the price at which a share of Dalian Thermal trades on a public exchange. It measures the collective expectations of Dalian Thermal Power investors about its performance. Dalian Thermal is trading at 6.20 as of the 1st of February 2025, a No Change since the beginning of the trading day. The stock's open price was 6.2.
With this module, you can estimate the performance of a buy and hold strategy of Dalian Thermal Power and determine expected loss or profit from investing in Dalian Thermal over a given investment horizon. Check out Dalian Thermal Correlation, Dalian Thermal Volatility and Dalian Thermal Alpha and Beta module to complement your research on Dalian Thermal.
Symbol

Please note, there is a significant difference between Dalian Thermal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dalian Thermal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dalian Thermal'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.

Dalian Thermal '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 Dalian Thermal'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 Dalian Thermal.
0.00
08/05/2024
No Change 0.00  0.0 
In 5 months and 30 days
02/01/2025
0.00
If you would invest  0.00  in Dalian Thermal on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Dalian Thermal Power or generate 0.0% return on investment in Dalian Thermal over 180 days. Dalian Thermal is related to or competes with Zhejiang Publishing, Time Publishing, Heilongjiang Publishing, CSSC Offshore, Beingmate Baby, Tangel Publishing, and Shanghai Action. Dalian Thermal is entity of China. It is traded as Stock on SHG exchange. More

Dalian Thermal 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 Dalian Thermal'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 Dalian Thermal Power upside and downside potential and time the market with a certain degree of confidence.

Dalian Thermal Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dalian Thermal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dalian Thermal's standard deviation. In reality, there are many statistical measures that can use Dalian Thermal historical prices to predict the future Dalian Thermal's volatility.
Hype
Prediction
LowEstimatedHigh
2.846.119.38
Details
Intrinsic
Valuation
LowRealHigh
2.405.678.94
Details
Naive
Forecast
LowNextHigh
3.176.449.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.606.747.88
Details

Dalian Thermal Power Backtested Returns

Dalian Thermal Power secures Sharpe Ratio (or Efficiency) of -0.0909, which denotes the company had a -0.0909 % return per unit of risk over the last 3 months. Dalian Thermal Power exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dalian Thermal's Standard Deviation of 3.68, mean deviation of 2.79, and Variance of 13.58 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dalian Thermal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dalian Thermal is expected to be smaller as well. At this point, Dalian Thermal Power has a negative expected return of -0.3%. Please make sure to confirm Dalian Thermal's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Dalian Thermal Power performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Dalian Thermal Power has very good reverse predictability. Overlapping area represents the amount of predictability between Dalian Thermal time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 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 Dalian Thermal Power price movement. The serial correlation of -0.67 indicates that around 67.0% of current Dalian Thermal price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.24
Residual Average0.0
Price Variance0.57

Dalian Thermal Power lagged returns against current returns

Autocorrelation, which is Dalian Thermal 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 Dalian Thermal's stock expected returns. We can calculate the autocorrelation of Dalian Thermal returns to help us make a trade decision. For example, suppose you find that Dalian Thermal 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  

Dalian Thermal 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 Dalian Thermal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dalian Thermal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dalian Thermal stock over time.
   Current vs Lagged Prices   
       Timeline  

Dalian Thermal Lagged Returns

When evaluating Dalian Thermal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dalian Thermal stock have on its future price. Dalian Thermal 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, Dalian Thermal autocorrelation shows the relationship between Dalian Thermal stock current value and its past values and can show if there is a momentum factor associated with investing in Dalian Thermal Power.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Dalian Stock

Dalian Thermal financial ratios help investors to determine whether Dalian 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 Dalian with respect to the benefits of owning Dalian Thermal security.