Inspur Software (China) Market Value
| 600756 Stock | 15.49 0.40 2.65% |
| Symbol | Inspur |
Inspur Software '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 Inspur Software'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 Inspur Software.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Inspur Software on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Inspur Software Co or generate 0.0% return on investment in Inspur Software over 180 days. Inspur Software is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, and Beijing Roborock. Inspur Software is entity of China. It is traded as Stock on SHG exchange. More
Inspur Software 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 Inspur Software'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 Inspur Software Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.08 | |||
| Information Ratio | 0.1446 | |||
| Maximum Drawdown | 19.98 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 8.83 |
Inspur Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inspur Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inspur Software's standard deviation. In reality, there are many statistical measures that can use Inspur Software historical prices to predict the future Inspur Software's volatility.| Risk Adjusted Performance | 0.143 | |||
| Jensen Alpha | 0.7226 | |||
| Total Risk Alpha | 0.0916 | |||
| Sortino Ratio | 0.1412 | |||
| Treynor Ratio | (2.54) |
Inspur Software Backtested Returns
Inspur Software appears to be somewhat reliable, given 3 months investment horizon. Inspur Software holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Inspur Software's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Inspur Software's Market Risk Adjusted Performance of (2.53), downside deviation of 4.08, and Risk Adjusted Performance of 0.143 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inspur Software holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inspur Software are expected to decrease at a much lower rate. During the bear market, Inspur Software is likely to outperform the market. Please check Inspur Software's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Inspur Software's current trending patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Inspur Software Co has poor predictability. Overlapping area represents the amount of predictability between Inspur Software time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Inspur Software price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Inspur Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 7.19 |
Inspur Software lagged returns against current returns
Autocorrelation, which is Inspur Software 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 Inspur Software's stock expected returns. We can calculate the autocorrelation of Inspur Software returns to help us make a trade decision. For example, suppose you find that Inspur Software 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 |
Inspur Software 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 Inspur Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inspur Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inspur Software stock over time.
Current vs Lagged Prices |
| Timeline |
Inspur Software Lagged Returns
When evaluating Inspur Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inspur Software stock have on its future price. Inspur Software 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, Inspur Software autocorrelation shows the relationship between Inspur Software stock current value and its past values and can show if there is a momentum factor associated with investing in Inspur Software Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Inspur Stock
Inspur Software financial ratios help investors to determine whether Inspur 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 Inspur with respect to the benefits of owning Inspur Software security.