Xinhua Winshare's market value is the price at which a share of Xinhua Winshare trades on a public exchange. It measures the collective expectations of Xinhua Winshare Publishing investors about its performance. Xinhua Winshare is trading at 15.09 as of the 1st of February 2025, a 1.00 percent increase since the beginning of the trading day. The stock's open price was 14.94. With this module, you can estimate the performance of a buy and hold strategy of Xinhua Winshare Publishing and determine expected loss or profit from investing in Xinhua Winshare over a given investment horizon. Check out Xinhua Winshare Correlation, Xinhua Winshare Volatility and Xinhua Winshare Alpha and Beta module to complement your research on Xinhua Winshare.
Please note, there is a significant difference between Xinhua Winshare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xinhua Winshare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xinhua Winshare's 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.
Xinhua Winshare '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 Xinhua Winshare'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 Xinhua Winshare.
0.00
08/05/2024
No Change 0.00
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In 5 months and 30 days
02/01/2025
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If you would invest 0.00 in Xinhua Winshare on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Xinhua Winshare Publishing or generate 0.0% return on investment in Xinhua Winshare over 180 days. Xinhua Winshare is related to or competes with ROPEOK Technology, Jiangsu Yanghe, Eastroc Beverage, Beijing Yanjing, Olympic Circuit, FSPG Hi-Tech, and MayAir Technology. Xinhua Winshare is entity of China. It is traded as Stock on SHG exchange. More
Xinhua Winshare 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 Xinhua Winshare'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 Xinhua Winshare Publishing 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 Xinhua Winshare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xinhua Winshare's standard deviation. In reality, there are many statistical measures that can use Xinhua Winshare historical prices to predict the future Xinhua Winshare's volatility.
At this point, Xinhua Winshare is not too volatile. Xinhua Winshare Publ shows Sharpe Ratio of 0.0828, which attests that the company had a 0.0828 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Xinhua Winshare Publ, which you can use to evaluate the volatility of the company. Please check out Xinhua Winshare's Market Risk Adjusted Performance of 0.0755, standard deviation of 1.68, and Mean Deviation of 1.34 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Xinhua Winshare has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of -0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xinhua Winshare are expected to decrease at a much lower rate. During the bear market, Xinhua Winshare is likely to outperform the market. Xinhua Winshare Publ right now maintains a risk of 1.59%. Please check out Xinhua Winshare Publ standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Xinhua Winshare Publ will be following its historical returns.
Auto-correlation
0.10
Insignificant predictability
Xinhua Winshare Publishing has insignificant predictability. Overlapping area represents the amount of predictability between Xinhua Winshare time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 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 Xinhua Winshare Publ price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Xinhua Winshare price fluctuation can be explain by its past prices.
Correlation Coefficient
0.1
Spearman Rank Test
0.05
Residual Average
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Price Variance
0.42
Xinhua Winshare Publ lagged returns against current returns
Autocorrelation, which is Xinhua Winshare 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 Xinhua Winshare's stock expected returns. We can calculate the autocorrelation of Xinhua Winshare returns to help us make a trade decision. For example, suppose you find that Xinhua Winshare 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
Xinhua Winshare 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 Xinhua Winshare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xinhua Winshare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xinhua Winshare stock over time.
Current vs Lagged Prices
Timeline
Xinhua Winshare Lagged Returns
When evaluating Xinhua Winshare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xinhua Winshare stock have on its future price. Xinhua Winshare 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, Xinhua Winshare autocorrelation shows the relationship between Xinhua Winshare stock current value and its past values and can show if there is a momentum factor associated with investing in Xinhua Winshare Publishing.
Xinhua Winshare financial ratios help investors to determine whether Xinhua 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 Xinhua with respect to the benefits of owning Xinhua Winshare security.