Shandong Publishing (China) Market Value
| 601019 Stock | 11.19 0.28 2.57% |
| Symbol | Shandong |
Shandong Publishing '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 Shandong Publishing'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 Shandong Publishing.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Shandong Publishing on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Shandong Publishing Media or generate 0.0% return on investment in Shandong Publishing over 30 days. Shandong Publishing is related to or competes with BrightGene Bio, Sanbo Hospital, Jiangsu Hoperun, Easyhome New, Fujian Boss, and Shenzhen Glory. Shandong Publishing is entity of China. It is traded as Stock on SHG exchange. More
Shandong Publishing 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 Shandong Publishing'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 Shandong Publishing Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 3.07 |
Shandong Publishing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shandong Publishing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shandong Publishing's standard deviation. In reality, there are many statistical measures that can use Shandong Publishing historical prices to predict the future Shandong Publishing's volatility.| Risk Adjusted Performance | 0.0094 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.06) |
Shandong Publishing Media Backtested Returns
At this point, Shandong Publishing is not too volatile. Shandong Publishing Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0466, which indicates the firm had a 0.0466 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shandong Publishing Media, which you can use to evaluate the volatility of the company. Please validate Shandong Publishing's Coefficient Of Variation of 28282.6, semi deviation of 2.37, and Risk Adjusted Performance of 0.0094 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Shandong Publishing has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.0286, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shandong Publishing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shandong Publishing is expected to be smaller as well. Shandong Publishing Media right now has a risk of 2.29%. Please validate Shandong Publishing mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shandong Publishing will be following its existing price patterns.
Auto-correlation | -0.95 |
Near perfect reversele predictability
Shandong Publishing Media has near perfect reversele predictability. Overlapping area represents the amount of predictability between Shandong Publishing time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 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 Shandong Publishing Media price movement. The serial correlation of -0.95 indicates that approximately 95.0% of current Shandong Publishing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.95 | |
| Spearman Rank Test | -0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Shandong Publishing Media lagged returns against current returns
Autocorrelation, which is Shandong Publishing 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 Shandong Publishing's stock expected returns. We can calculate the autocorrelation of Shandong Publishing returns to help us make a trade decision. For example, suppose you find that Shandong Publishing 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 |
Shandong Publishing 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 Shandong Publishing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shandong Publishing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shandong Publishing stock over time.
Current vs Lagged Prices |
| Timeline |
Shandong Publishing Lagged Returns
When evaluating Shandong Publishing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shandong Publishing stock have on its future price. Shandong Publishing 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, Shandong Publishing autocorrelation shows the relationship between Shandong Publishing stock current value and its past values and can show if there is a momentum factor associated with investing in Shandong Publishing Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shandong Stock
Shandong Publishing financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Publishing security.