Beijing Shanghai (China) Market Value
| 601816 Stock | 5.65 0.10 1.80% |
| Symbol | Beijing |
Beijing Shanghai '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 Beijing Shanghai'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 Beijing Shanghai.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Beijing Shanghai on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing Shanghai High Speed or generate 0.0% return on investment in Beijing Shanghai over 180 days. Beijing Shanghai is related to or competes with Yonyou Auto, Digital China, Jiaozuo Wanfang, Anhui Transport, Emdoor Information, Chongqing Shunbo, and Focus Media. Beijing Shanghai is entity of China. It is traded as Stock on SHG exchange. More
Beijing Shanghai 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 Beijing Shanghai'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 Beijing Shanghai High Speed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.88 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.14 |
Beijing Shanghai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Shanghai's standard deviation. In reality, there are many statistical measures that can use Beijing Shanghai historical prices to predict the future Beijing Shanghai's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.1428 |
Beijing Shanghai High Backtested Returns
At this point, Beijing Shanghai is somewhat reliable. Beijing Shanghai High secures Sharpe Ratio (or Efficiency) of 0.0331, which signifies that the company had a 0.0331% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Beijing Shanghai High Speed, which you can use to evaluate the volatility of the firm. Please confirm Beijing Shanghai's Mean Deviation of 1.27, risk adjusted performance of (0.01), and Standard Deviation of 1.75 to double-check if the risk estimate we provide is consistent with the expected return of 0.0601%. Beijing Shanghai has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beijing Shanghai are expected to decrease at a much lower rate. During the bear market, Beijing Shanghai is likely to outperform the market. Beijing Shanghai High right now shows a risk of 1.81%. Please confirm Beijing Shanghai High mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Beijing Shanghai High will be following its price patterns.
Auto-correlation | 0.57 |
Modest predictability
Beijing Shanghai High Speed has modest predictability. Overlapping area represents the amount of predictability between Beijing Shanghai time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Beijing Shanghai High price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Beijing Shanghai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Beijing Shanghai High lagged returns against current returns
Autocorrelation, which is Beijing Shanghai 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 Beijing Shanghai's stock expected returns. We can calculate the autocorrelation of Beijing Shanghai returns to help us make a trade decision. For example, suppose you find that Beijing Shanghai 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 |
Beijing Shanghai 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 Beijing Shanghai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Shanghai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Shanghai stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Shanghai Lagged Returns
When evaluating Beijing Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Shanghai stock have on its future price. Beijing Shanghai 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, Beijing Shanghai autocorrelation shows the relationship between Beijing Shanghai stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Shanghai High Speed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Beijing Shanghai financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Shanghai security.