Shanghai Yanpu (China) Market Value
| 605128 Stock | 33.55 0.88 2.56% |
| Symbol | Shanghai |
Shanghai Yanpu '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 Yanpu'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 Yanpu.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Shanghai Yanpu on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Shanghai Yanpu Metal or generate 0.0% return on investment in Shanghai Yanpu over 30 days. Shanghai Yanpu is related to or competes with Xiamen Bank, Qilu Bank, Peoples Insurance, GRG Banking, Dareway Software, Hua Xia, and Panda Financial. Shanghai Yanpu is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Yanpu 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 Yanpu'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 Yanpu Metal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1536 | |||
| Maximum Drawdown | 13.4 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 6.76 |
Shanghai Yanpu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Yanpu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Yanpu's standard deviation. In reality, there are many statistical measures that can use Shanghai Yanpu historical prices to predict the future Shanghai Yanpu's volatility.| Risk Adjusted Performance | 0.1581 | |||
| Jensen Alpha | 0.5871 | |||
| Total Risk Alpha | 0.109 | |||
| Sortino Ratio | 0.2302 | |||
| Treynor Ratio | 15.65 |
Shanghai Yanpu Metal Backtested Returns
Shanghai Yanpu appears to be very steady, given 3 months investment horizon. Shanghai Yanpu Metal owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Shanghai Yanpu's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Shanghai Yanpu's Semi Deviation of 1.77, coefficient of variation of 509.41, and Risk Adjusted Performance of 0.1581 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shanghai Yanpu holds a performance score of 13. The entity has a beta of 0.0378, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Yanpu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Yanpu is expected to be smaller as well. Please check Shanghai Yanpu's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shanghai Yanpu's existing price patterns will revert.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Shanghai Yanpu Metal has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Shanghai Yanpu 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 Shanghai Yanpu Metal price movement. The serial correlation of -0.75 indicates that around 75.0% of current Shanghai Yanpu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 3.12 |
Shanghai Yanpu Metal lagged returns against current returns
Autocorrelation, which is Shanghai Yanpu 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 Yanpu's stock expected returns. We can calculate the autocorrelation of Shanghai Yanpu returns to help us make a trade decision. For example, suppose you find that Shanghai Yanpu 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 Yanpu 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 Yanpu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Yanpu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Yanpu stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Yanpu Lagged Returns
When evaluating Shanghai Yanpu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Yanpu stock have on its future price. Shanghai Yanpu 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 Yanpu autocorrelation shows the relationship between Shanghai Yanpu stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Yanpu Metal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Yanpu 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 Yanpu security.