Youyou Foods (China) Market Value
| 603697 Stock | 9.67 0.95 8.95% |
| Symbol | Youyou |
Youyou Foods '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 Youyou Foods' 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 Youyou Foods.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Youyou Foods on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Youyou Foods Co or generate 0.0% return on investment in Youyou Foods over 30 days. Youyou Foods is related to or competes with Guosheng Financial, Ping An, GRG Banking, Agricultural Bank, Iat Automobile, Changchun Faway, and Nancal Energy. Youyou Foods is entity of China. It is traded as Stock on SHG exchange. More
Youyou Foods 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 Youyou Foods' 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 Youyou Foods Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.2261 | |||
| Maximum Drawdown | 17.03 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 8.64 |
Youyou Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Youyou Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Youyou Foods' standard deviation. In reality, there are many statistical measures that can use Youyou Foods historical prices to predict the future Youyou Foods' volatility.| Risk Adjusted Performance | 0.2034 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.4461 | |||
| Sortino Ratio | 0.3124 | |||
| Treynor Ratio | (0.73) |
Youyou Foods Backtested Returns
Youyou Foods is slightly risky given 3 months investment horizon. Youyou Foods shows Sharpe Ratio of 0.26, which attests that the company had a 0.26% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Youyou Foods Co Market Risk Adjusted Performance of (0.72), downside deviation of 2.62, and Mean Deviation of 2.63 to evaluate company specific risk that cannot be diversified away. Youyou Foods holds a performance score of 20 on a scale of zero to a hundred. The firm maintains a market beta of -1.27, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Youyou Foods are expected to decrease by larger amounts. On the other hand, during market turmoil, Youyou Foods is expected to outperform it. Use Youyou Foods Co sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on Youyou Foods Co.
Auto-correlation | 0.60 |
Good predictability
Youyou Foods Co has good predictability. Overlapping area represents the amount of predictability between Youyou Foods time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Youyou Foods price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Youyou Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Youyou Foods lagged returns against current returns
Autocorrelation, which is Youyou Foods 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 Youyou Foods' stock expected returns. We can calculate the autocorrelation of Youyou Foods returns to help us make a trade decision. For example, suppose you find that Youyou Foods 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 |
Youyou Foods 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 Youyou Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Youyou Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Youyou Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Youyou Foods Lagged Returns
When evaluating Youyou Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Youyou Foods stock have on its future price. Youyou Foods 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, Youyou Foods autocorrelation shows the relationship between Youyou Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Youyou Foods Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Youyou Stock
Youyou Foods financial ratios help investors to determine whether Youyou 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 Youyou with respect to the benefits of owning Youyou Foods security.