Jiangyin Jianghua's market value is the price at which a share of Jiangyin Jianghua trades on a public exchange. It measures the collective expectations of Jiangyin Jianghua Microelectronics investors about its performance. Jiangyin Jianghua is trading at 16.25 as of the 17th of January 2025, a 0.93 percent increase since the beginning of the trading day. The stock's open price was 16.1. With this module, you can estimate the performance of a buy and hold strategy of Jiangyin Jianghua Microelectronics and determine expected loss or profit from investing in Jiangyin Jianghua over a given investment horizon. Check out Jiangyin Jianghua Correlation, Jiangyin Jianghua Volatility and Jiangyin Jianghua Alpha and Beta module to complement your research on Jiangyin Jianghua.
Please note, there is a significant difference between Jiangyin Jianghua's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiangyin Jianghua is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiangyin Jianghua'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.
Jiangyin Jianghua '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 Jiangyin Jianghua'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 Jiangyin Jianghua.
0.00
12/18/2024
No Change 0.00
0.0
In 31 days
01/17/2025
0.00
If you would invest 0.00 in Jiangyin Jianghua on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Jiangyin Jianghua Microelectronics or generate 0.0% return on investment in Jiangyin Jianghua over 30 days. Jiangyin Jianghua is related to or competes with Shaanxi Construction, Allied Machinery, Huasi Agricultural, Jiangsu Yanghe, Guangzhou Restaurants, Masterwork Machinery, and Anhui Huilong. Jiangyin Jianghua is entity of China. It is traded as Stock on SHG exchange. More
Jiangyin Jianghua 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 Jiangyin Jianghua'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 Jiangyin Jianghua Microelectronics 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 Jiangyin Jianghua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangyin Jianghua's standard deviation. In reality, there are many statistical measures that can use Jiangyin Jianghua historical prices to predict the future Jiangyin Jianghua's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jiangyin Jianghua. Your research has to be compared to or analyzed against Jiangyin Jianghua's peers to derive any actionable benefits. When done correctly, Jiangyin Jianghua's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jiangyin Jianghua.
Jiangyin Jianghua Backtested Returns
At this point, Jiangyin Jianghua is not too volatile. Jiangyin Jianghua holds Efficiency (Sharpe) Ratio of 0.0419, which attests that the entity had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jiangyin Jianghua, which you can use to evaluate the volatility of the firm. Please check out Jiangyin Jianghua's Market Risk Adjusted Performance of 0.3151, downside deviation of 3.55, and Risk Adjusted Performance of 0.0603 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Jiangyin Jianghua has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jiangyin Jianghua's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jiangyin Jianghua is expected to be smaller as well. Jiangyin Jianghua right now retains a risk of 3.89%. Please check out Jiangyin Jianghua downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Jiangyin Jianghua will be following its current trending patterns.
Auto-correlation
-0.79
Almost perfect reverse predictability
Jiangyin Jianghua Microelectronics has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Jiangyin Jianghua time series from 18th of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 17th of January 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 Jiangyin Jianghua price movement. The serial correlation of -0.79 indicates that around 79.0% of current Jiangyin Jianghua price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.79
Spearman Rank Test
0.19
Residual Average
0.0
Price Variance
0.1
Jiangyin Jianghua lagged returns against current returns
Autocorrelation, which is Jiangyin Jianghua 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 Jiangyin Jianghua's stock expected returns. We can calculate the autocorrelation of Jiangyin Jianghua returns to help us make a trade decision. For example, suppose you find that Jiangyin Jianghua 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
Jiangyin Jianghua 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 Jiangyin Jianghua stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangyin Jianghua stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangyin Jianghua stock over time.
Current vs Lagged Prices
Timeline
Jiangyin Jianghua Lagged Returns
When evaluating Jiangyin Jianghua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangyin Jianghua stock have on its future price. Jiangyin Jianghua 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, Jiangyin Jianghua autocorrelation shows the relationship between Jiangyin Jianghua stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangyin Jianghua Microelectronics.
Jiangyin Jianghua financial ratios help investors to determine whether Jiangyin 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 Jiangyin with respect to the benefits of owning Jiangyin Jianghua security.