Postal Savings (China) Market Value
| 601658 Stock | 5.30 0.01 0.19% |
| Symbol | Postal |
Postal Savings '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 Postal Savings' 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 Postal Savings.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Postal Savings on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Postal Savings Bank or generate 0.0% return on investment in Postal Savings over 360 days. Postal Savings is related to or competes with Sino Medical, Guangdong Qunxing, Shaanxi Broadcast, Double Medical, Chengdu Xinzhu, Longjian Road, and Anhui Transport. Postal Savings is entity of China. It is traded as Stock on SHG exchange. More
Postal Savings 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 Postal Savings' 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 Postal Savings Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0288 | |||
| Maximum Drawdown | 9.13 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.49 |
Postal Savings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Postal Savings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Postal Savings' standard deviation. In reality, there are many statistical measures that can use Postal Savings historical prices to predict the future Postal Savings' volatility.| Risk Adjusted Performance | 0.0706 | |||
| Jensen Alpha | 0.1937 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0274 | |||
| Treynor Ratio | (0.41) |
Postal Savings Bank Backtested Returns
At this point, Postal Savings is slightly risky. Postal Savings Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0358, which implies the firm had a 0.0358% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Postal Savings Bank, which you can use to evaluate the volatility of the company. Please check Postal Savings' Risk Adjusted Performance of 0.0706, coefficient of variation of 1182.11, and Semi Deviation of 1.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.0734%. Postal Savings has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Postal Savings are expected to decrease at a much lower rate. During the bear market, Postal Savings is likely to outperform the market. Postal Savings Bank right now holds a risk of 2.05%. Please check Postal Savings Bank standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Postal Savings Bank will be following its historical price patterns.
Auto-correlation | 0.29 |
Poor predictability
Postal Savings Bank has poor predictability. Overlapping area represents the amount of predictability between Postal Savings time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Postal Savings Bank price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Postal Savings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Postal Savings Bank lagged returns against current returns
Autocorrelation, which is Postal Savings 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 Postal Savings' stock expected returns. We can calculate the autocorrelation of Postal Savings returns to help us make a trade decision. For example, suppose you find that Postal Savings 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 |
Postal Savings 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 Postal Savings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Postal Savings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Postal Savings stock over time.
Current vs Lagged Prices |
| Timeline |
Postal Savings Lagged Returns
When evaluating Postal Savings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Postal Savings stock have on its future price. Postal Savings 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, Postal Savings autocorrelation shows the relationship between Postal Savings stock current value and its past values and can show if there is a momentum factor associated with investing in Postal Savings Bank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Postal Stock
Postal Savings financial ratios help investors to determine whether Postal 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 Postal with respect to the benefits of owning Postal Savings security.