Camel Group (China) Market Value
| 601311 Stock | 8.86 0.10 1.14% |
| Symbol | Camel |
Camel Group '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 Camel Group'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 Camel Group.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Camel Group on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Camel Group Co or generate 0.0% return on investment in Camel Group over 30 days. Camel Group is related to or competes with Der International, Nanxing Furniture, Healthcare, Zoy Home, Anhui Huaren, Youngy Health, and Humanwell Healthcare. Camel Group is entity of China. It is traded as Stock on SHG exchange. More
Camel Group 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 Camel Group'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 Camel Group Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.1088 | |||
| Maximum Drawdown | 14.31 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.63 |
Camel Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camel Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camel Group's standard deviation. In reality, there are many statistical measures that can use Camel Group historical prices to predict the future Camel Group's volatility.| Risk Adjusted Performance | 0.129 | |||
| Jensen Alpha | 0.3382 | |||
| Total Risk Alpha | 0.0539 | |||
| Sortino Ratio | 0.125 | |||
| Treynor Ratio | (3.46) |
Camel Group Backtested Returns
Camel Group appears to be somewhat reliable, given 3 months investment horizon. Camel Group secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Camel Group Co, which you can use to evaluate the volatility of the firm. Please makes use of Camel Group's Risk Adjusted Performance of 0.129, downside deviation of 1.83, and Mean Deviation of 1.58 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Camel Group holds a performance score of 14. The firm shows a Beta (market volatility) of -0.0951, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Camel Group are expected to decrease at a much lower rate. During the bear market, Camel Group is likely to outperform the market. Please check Camel Group's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Camel Group's price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Camel Group Co has virtually no predictability. Overlapping area represents the amount of predictability between Camel Group time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Camel Group price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Camel Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Camel Group lagged returns against current returns
Autocorrelation, which is Camel Group 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 Camel Group's stock expected returns. We can calculate the autocorrelation of Camel Group returns to help us make a trade decision. For example, suppose you find that Camel Group 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 |
Camel Group 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 Camel Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camel Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camel Group stock over time.
Current vs Lagged Prices |
| Timeline |
Camel Group Lagged Returns
When evaluating Camel Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camel Group stock have on its future price. Camel Group 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, Camel Group autocorrelation shows the relationship between Camel Group stock current value and its past values and can show if there is a momentum factor associated with investing in Camel Group Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Camel Stock
Camel Group financial ratios help investors to determine whether Camel 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 Camel with respect to the benefits of owning Camel Group security.