Shanghai Xinhua (China) Market Value
| 600825 Stock | 6.25 0.11 1.79% |
| Symbol | Shanghai |
Shanghai Xinhua '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 Shanghai Xinhua'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 Shanghai Xinhua.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Shanghai Xinhua on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Shanghai Xinhua Media or generate 0.0% return on investment in Shanghai Xinhua over 390 days. Shanghai Xinhua is related to or competes with Chengdu B, Shuhua Sports, Heilongjiang Publishing, Holitech Technology, Ciwen Media, China Publishing, and Sportsoul. Shanghai Xinhua is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Xinhua 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 Shanghai Xinhua'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 Shanghai Xinhua Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.2 | |||
| Information Ratio | 0.1586 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 10.0 |
Shanghai Xinhua Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Xinhua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Xinhua's standard deviation. In reality, there are many statistical measures that can use Shanghai Xinhua historical prices to predict the future Shanghai Xinhua's volatility.| Risk Adjusted Performance | 0.1528 | |||
| Jensen Alpha | 0.863 | |||
| Total Risk Alpha | 0.09 | |||
| Sortino Ratio | 0.1713 | |||
| Treynor Ratio | (6.79) |
Shanghai Xinhua Media Backtested Returns
Shanghai Xinhua is relatively risky given 3 months investment horizon. Shanghai Xinhua Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Shanghai Xinhua Media Coefficient Of Variation of 529.16, risk adjusted performance of 0.1528, and Semi Deviation of 3.4 to evaluate company specific risk that cannot be diversified away. Shanghai Xinhua holds a performance score of 16 on a scale of zero to a hundred. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shanghai Xinhua are expected to decrease at a much lower rate. During the bear market, Shanghai Xinhua is likely to outperform the market. Use Shanghai Xinhua Media mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Shanghai Xinhua Media.
Auto-correlation | -0.24 |
Weak reverse predictability
Shanghai Xinhua Media has weak reverse predictability. Overlapping area represents the amount of predictability between Shanghai Xinhua time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Shanghai Xinhua Media price movement. The serial correlation of -0.24 indicates that over 24.0% of current Shanghai Xinhua price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
Shanghai Xinhua Media lagged returns against current returns
Autocorrelation, which is Shanghai Xinhua 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 Shanghai Xinhua's stock expected returns. We can calculate the autocorrelation of Shanghai Xinhua returns to help us make a trade decision. For example, suppose you find that Shanghai Xinhua 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 |
Shanghai Xinhua 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 Shanghai Xinhua stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Xinhua stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Xinhua stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Xinhua Lagged Returns
When evaluating Shanghai Xinhua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Xinhua stock have on its future price. Shanghai Xinhua 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, Shanghai Xinhua autocorrelation shows the relationship between Shanghai Xinhua stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Xinhua Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Xinhua financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Xinhua security.