Shanghai Rural (China) Market Value
| 601825 Stock | 8.32 0.10 1.22% |
| Symbol | Shanghai |
Shanghai Rural '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 Shanghai Rural'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 Shanghai Rural.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Shanghai Rural on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Shanghai Rural Commercial or generate 0.0% return on investment in Shanghai Rural over 270 days. Shanghai Rural is related to or competes with Fuzhou Rockchip, Shanghai Broadband, Shandong, Longjian Road, Shaanxi Broadcast, Sichuan Fulin, and Anhui Transport. Shanghai Rural is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Rural 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 Shanghai Rural'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 Shanghai Rural Commercial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.1071 | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 3.16 |
Shanghai Rural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Rural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Rural's standard deviation. In reality, there are many statistical measures that can use Shanghai Rural historical prices to predict the future Shanghai Rural's volatility.| Risk Adjusted Performance | 0.143 | |||
| Jensen Alpha | 0.3062 | |||
| Total Risk Alpha | 0.0135 | |||
| Sortino Ratio | 0.112 | |||
| Treynor Ratio | 1.64 |
Shanghai Rural Commercial Backtested Returns
Shanghai Rural appears to be not too volatile, given 3 months investment horizon. Shanghai Rural Commercial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Rural Commercial, which you can use to evaluate the volatility of the company. Please review Shanghai Rural's Coefficient Of Variation of 557.87, risk adjusted performance of 0.143, and Semi Deviation of 1.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shanghai Rural holds a performance score of 19. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Rural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Rural is expected to be smaller as well. Please check Shanghai Rural's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shanghai Rural's existing price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Shanghai Rural Commercial has modest predictability. Overlapping area represents the amount of predictability between Shanghai Rural time series from 5th of March 2024 to 18th of July 2024 and 18th of July 2024 to 30th 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 Shanghai Rural Commercial price movement. The serial correlation of 0.54 indicates that about 54.0% of current Shanghai Rural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Shanghai Rural Commercial lagged returns against current returns
Autocorrelation, which is Shanghai Rural 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 Shanghai Rural's stock expected returns. We can calculate the autocorrelation of Shanghai Rural returns to help us make a trade decision. For example, suppose you find that Shanghai Rural 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 |
Shanghai Rural 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 Shanghai Rural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Rural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Rural stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Rural Lagged Returns
When evaluating Shanghai Rural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Rural stock have on its future price. Shanghai Rural 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, Shanghai Rural autocorrelation shows the relationship between Shanghai Rural stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Rural Commercial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Rural financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Rural security.