Servyou Software (China) Market Value
| 603171 Stock | 31.08 0.98 3.26% |
| Symbol | Servyou |
Servyou Software '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 Servyou Software'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 Servyou Software.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Servyou Software on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Servyou Software Group or generate 0.0% return on investment in Servyou Software over 30 days. Servyou Software is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, and Beijing Roborock. Servyou Software is entity of China. It is traded as Stock on SHG exchange. More
Servyou Software 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 Servyou Software'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 Servyou Software Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.71 | |||
| Information Ratio | 0.0807 | |||
| Maximum Drawdown | 17.79 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 6.47 |
Servyou Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Servyou Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Servyou Software's standard deviation. In reality, there are many statistical measures that can use Servyou Software historical prices to predict the future Servyou Software's volatility.| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | 0.3048 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0787 | |||
| Treynor Ratio | 0.4578 |
Servyou Software Backtested Returns
Servyou Software appears to be not too volatile, given 3 months investment horizon. Servyou Software owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Servyou Software's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Servyou Software's Semi Deviation of 3.28, risk adjusted performance of 0.0963, and Coefficient Of Variation of 866.95 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Servyou Software holds a performance score of 11. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Servyou Software returns are very sensitive to returns on the market. As the market goes up or down, Servyou Software is expected to follow. Please check Servyou Software's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Servyou Software's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Servyou Software Group has poor predictability. Overlapping area represents the amount of predictability between Servyou Software time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Servyou Software price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Servyou Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Servyou Software lagged returns against current returns
Autocorrelation, which is Servyou Software 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 Servyou Software's stock expected returns. We can calculate the autocorrelation of Servyou Software returns to help us make a trade decision. For example, suppose you find that Servyou Software 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 |
Servyou Software 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 Servyou Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Servyou Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Servyou Software stock over time.
Current vs Lagged Prices |
| Timeline |
Servyou Software Lagged Returns
When evaluating Servyou Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Servyou Software stock have on its future price. Servyou Software 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, Servyou Software autocorrelation shows the relationship between Servyou Software stock current value and its past values and can show if there is a momentum factor associated with investing in Servyou Software Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Servyou Stock
Servyou Software financial ratios help investors to determine whether Servyou 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 Servyou with respect to the benefits of owning Servyou Software security.