Vohringer Home (China) Market Value
| 603226 Stock | 4.99 0.10 2.04% |
| Symbol | Vohringer |
Vohringer Home '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 Vohringer Home'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 Vohringer Home.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Vohringer Home on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Vohringer Home Technology or generate 0.0% return on investment in Vohringer Home over 690 days. Vohringer Home is related to or competes with Guangdong Shenglu, Jiangxi Naipu, Songz Automobile, Zijin Mining, Shenzhen Kexin, Guangzhou Zhujiang, and Changchun Engley. Vohringer Home is entity of China. It is traded as Stock on SHG exchange. More
Vohringer Home 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 Vohringer Home'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 Vohringer Home Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | 0.212 | |||
| Maximum Drawdown | 17.25 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 4.73 |
Vohringer Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vohringer Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vohringer Home's standard deviation. In reality, there are many statistical measures that can use Vohringer Home historical prices to predict the future Vohringer Home's volatility.| Risk Adjusted Performance | 0.2005 | |||
| Jensen Alpha | 0.8307 | |||
| Total Risk Alpha | 0.3085 | |||
| Sortino Ratio | 0.2157 | |||
| Treynor Ratio | (1.85) |
Vohringer Home Technology Backtested Returns
Vohringer Home appears to be moderately volatile, given 3 months investment horizon. Vohringer Home Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Vohringer Home's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review Vohringer Home's Risk Adjusted Performance of 0.2005, semi deviation of 2.33, and Coefficient Of Variation of 397.06 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vohringer Home holds a performance score of 20. The entity has a beta of -0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vohringer Home are expected to decrease at a much lower rate. During the bear market, Vohringer Home is likely to outperform the market. Please check Vohringer Home's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Vohringer Home's existing price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Vohringer Home Technology has very weak reverse predictability. Overlapping area represents the amount of predictability between Vohringer Home time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Vohringer Home Technology price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Vohringer Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
Vohringer Home Technology lagged returns against current returns
Autocorrelation, which is Vohringer Home 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 Vohringer Home's stock expected returns. We can calculate the autocorrelation of Vohringer Home returns to help us make a trade decision. For example, suppose you find that Vohringer Home 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 |
Vohringer Home 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 Vohringer Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vohringer Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vohringer Home stock over time.
Current vs Lagged Prices |
| Timeline |
Vohringer Home Lagged Returns
When evaluating Vohringer Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vohringer Home stock have on its future price. Vohringer Home 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, Vohringer Home autocorrelation shows the relationship between Vohringer Home stock current value and its past values and can show if there is a momentum factor associated with investing in Vohringer Home Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vohringer Stock
Vohringer Home financial ratios help investors to determine whether Vohringer 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 Vohringer with respect to the benefits of owning Vohringer Home security.