Tianfeng Securities (China) Market Value
| 601162 Stock | 4.83 0.01 0.21% |
| Symbol | Tianfeng |
Tianfeng 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 Tianfeng 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 Tianfeng Securities.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Tianfeng Securities on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Tianfeng Securities Co or generate 0.0% return on investment in Tianfeng Securities over 510 days. Tianfeng Securities is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and China Merchants. Tianfeng Securities is entity of China. It is traded as Stock on SHG exchange. More
Tianfeng 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 Tianfeng 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 Tianfeng Securities Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.79 | |||
| Information Ratio | 0.1755 | |||
| Maximum Drawdown | 20.08 | |||
| Value At Risk | (8.27) | |||
| Potential Upside | 10.02 |
Tianfeng Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianfeng Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianfeng Securities' standard deviation. In reality, there are many statistical measures that can use Tianfeng Securities historical prices to predict the future Tianfeng Securities' volatility.| Risk Adjusted Performance | 0.1604 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 0.2312 | |||
| Sortino Ratio | 0.204 | |||
| Treynor Ratio | (1.17) |
Tianfeng Securities Backtested Returns
Tianfeng Securities is very risky given 3 months investment horizon. Tianfeng Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.47% are justified by taking the suggested risk. Use Tianfeng Securities Coefficient Of Variation of 503.61, semi deviation of 4.15, and Risk Adjusted Performance of 0.1604 to evaluate company specific risk that cannot be diversified away. Tianfeng Securities holds a performance score of 19 on a scale of zero to a hundred. The entity has a beta of -0.94, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Tianfeng Securities are expected to decrease slowly. On the other hand, during market turmoil, Tianfeng Securities is expected to outperform it slightly. Use Tianfeng Securities downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Tianfeng Securities.
Auto-correlation | -0.39 |
Poor reverse predictability
Tianfeng Securities Co has poor reverse predictability. Overlapping area represents the amount of predictability between Tianfeng Securities time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Tianfeng Securities price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Tianfeng Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
Tianfeng Securities lagged returns against current returns
Autocorrelation, which is Tianfeng 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 Tianfeng Securities' stock expected returns. We can calculate the autocorrelation of Tianfeng Securities returns to help us make a trade decision. For example, suppose you find that Tianfeng 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 |
Tianfeng 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 Tianfeng Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianfeng Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianfeng Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Tianfeng Securities Lagged Returns
When evaluating Tianfeng Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianfeng Securities stock have on its future price. Tianfeng 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, Tianfeng Securities autocorrelation shows the relationship between Tianfeng Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Tianfeng Securities Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tianfeng Stock
Tianfeng Securities financial ratios help investors to determine whether Tianfeng 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 Tianfeng with respect to the benefits of owning Tianfeng Securities security.