Yunnan Jianzhijia (China) Market Value
| 605266 Stock | 26.34 0.36 1.35% |
| Symbol | Yunnan |
Yunnan Jianzhijia '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 Yunnan Jianzhijia'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 Yunnan Jianzhijia.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Yunnan Jianzhijia on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Yunnan Jianzhijia Health Chain or generate 0.0% return on investment in Yunnan Jianzhijia over 30 days. Yunnan Jianzhijia is related to or competes with PetroChina, China Mobile, Ping An, China Petroleum, China State, Kweichow Moutai, and China Life. Yunnan Jianzhijia is entity of China. It is traded as Stock on SHG exchange. More
Yunnan Jianzhijia 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 Yunnan Jianzhijia'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 Yunnan Jianzhijia Health Chain upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.48 | |||
| Information Ratio | 0.0829 | |||
| Maximum Drawdown | 20.03 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 10.0 |
Yunnan Jianzhijia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Jianzhijia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Jianzhijia's standard deviation. In reality, there are many statistical measures that can use Yunnan Jianzhijia historical prices to predict the future Yunnan Jianzhijia's volatility.| Risk Adjusted Performance | 0.0935 | |||
| Jensen Alpha | 0.4489 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1085 | |||
| Treynor Ratio | 1.21 |
Yunnan Jianzhijia Backtested Returns
Yunnan Jianzhijia appears to be not too volatile, given 3 months investment horizon. Yunnan Jianzhijia shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining Yunnan Jianzhijia's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Yunnan Jianzhijia's Market Risk Adjusted Performance of 1.22, mean deviation of 3.61, and Downside Deviation of 3.48 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yunnan Jianzhijia holds a performance score of 11. The firm maintains a market beta of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yunnan Jianzhijia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yunnan Jianzhijia is expected to be smaller as well. Please check Yunnan Jianzhijia's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Yunnan Jianzhijia's historical returns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Yunnan Jianzhijia Health Chain has insignificant reverse predictability. Overlapping area represents the amount of predictability between Yunnan Jianzhijia time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Yunnan Jianzhijia price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Yunnan Jianzhijia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Yunnan Jianzhijia lagged returns against current returns
Autocorrelation, which is Yunnan Jianzhijia 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 Yunnan Jianzhijia's stock expected returns. We can calculate the autocorrelation of Yunnan Jianzhijia returns to help us make a trade decision. For example, suppose you find that Yunnan Jianzhijia 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 |
Yunnan Jianzhijia 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 Yunnan Jianzhijia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Jianzhijia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Jianzhijia stock over time.
Current vs Lagged Prices |
| Timeline |
Yunnan Jianzhijia Lagged Returns
When evaluating Yunnan Jianzhijia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Jianzhijia stock have on its future price. Yunnan Jianzhijia 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, Yunnan Jianzhijia autocorrelation shows the relationship between Yunnan Jianzhijia stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Jianzhijia Health Chain.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Yunnan Jianzhijia financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Jianzhijia security.