Cinda Securities' market value is the price at which a share of Cinda Securities trades on a public exchange. It measures the collective expectations of Cinda Securities Co investors about its performance. Cinda Securities is trading at 13.27 as of the 1st of February 2025, a 3.98% down since the beginning of the trading day. The stock's open price was 13.82. With this module, you can estimate the performance of a buy and hold strategy of Cinda Securities Co and determine expected loss or profit from investing in Cinda Securities over a given investment horizon. Check out Cinda Securities Correlation, Cinda Securities Volatility and Cinda Securities Alpha and Beta module to complement your research on Cinda Securities.
Please note, there is a significant difference between Cinda Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cinda Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cinda Securities' 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.
Cinda Securities '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 Cinda Securities' 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 Cinda Securities.
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01/02/2025
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In 31 days
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If you would invest 0.00 in Cinda Securities on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Cinda Securities Co or generate 0.0% return on investment in Cinda Securities over 30 days. Cinda Securities is related to or competes with Fujian Boss, Glodon Software, Do Fluoride, Miracll Chemicals, Ningxia Younglight, and Guangzhou Dongfang. Cinda Securities is entity of China. It is traded as Stock on SHG exchange. More
Cinda Securities 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 Cinda Securities' 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 Cinda Securities Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cinda Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cinda Securities' standard deviation. In reality, there are many statistical measures that can use Cinda Securities historical prices to predict the future Cinda Securities' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cinda Securities. Your research has to be compared to or analyzed against Cinda Securities' peers to derive any actionable benefits. When done correctly, Cinda Securities' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cinda Securities.
Cinda Securities Backtested Returns
Cinda Securities secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. Cinda Securities Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cinda Securities' Risk Adjusted Performance of (0.07), standard deviation of 2.45, and Mean Deviation of 1.78 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cinda Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cinda Securities is expected to be smaller as well. At this point, Cinda Securities has a negative expected return of -0.28%. Please make sure to confirm Cinda Securities' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Cinda Securities performance from the past will be repeated at some point in the near future.
Auto-correlation
0.77
Good predictability
Cinda Securities Co has good predictability. Overlapping area represents the amount of predictability between Cinda Securities time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 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 Cinda Securities price movement. The serial correlation of 0.77 indicates that around 77.0% of current Cinda Securities price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.33
Residual Average
0.0
Price Variance
0.03
Cinda Securities lagged returns against current returns
Autocorrelation, which is Cinda Securities 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 Cinda Securities' stock expected returns. We can calculate the autocorrelation of Cinda Securities returns to help us make a trade decision. For example, suppose you find that Cinda Securities 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
Cinda Securities 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 Cinda Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cinda Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cinda Securities stock over time.
Current vs Lagged Prices
Timeline
Cinda Securities Lagged Returns
When evaluating Cinda Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cinda Securities stock have on its future price. Cinda Securities 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, Cinda Securities autocorrelation shows the relationship between Cinda Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Cinda Securities Co.
Cinda Securities financial ratios help investors to determine whether Cinda 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 Cinda with respect to the benefits of owning Cinda Securities security.