Jiangsu Leadmicro (China) Market Value
| 688147 Stock | 31.22 0.22 0.70% |
| Symbol | Jiangsu |
Jiangsu Leadmicro '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 Jiangsu Leadmicro'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 Jiangsu Leadmicro.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Jiangsu Leadmicro on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Jiangsu Leadmicro Nano or generate 0.0% return on investment in Jiangsu Leadmicro over 30 days. Jiangsu Leadmicro is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. Jiangsu Leadmicro is entity of China. It is traded as Stock on SHG exchange. More
Jiangsu Leadmicro 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 Jiangsu Leadmicro'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 Jiangsu Leadmicro Nano upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | 0.0317 | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 5.46 |
Jiangsu Leadmicro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Leadmicro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Leadmicro's standard deviation. In reality, there are many statistical measures that can use Jiangsu Leadmicro historical prices to predict the future Jiangsu Leadmicro's volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | 0.09 | |||
| Total Risk Alpha | 0.1199 | |||
| Sortino Ratio | 0.0319 | |||
| Treynor Ratio | (0.25) |
Jiangsu Leadmicro Nano Backtested Returns
At this point, Jiangsu Leadmicro is not too volatile. Jiangsu Leadmicro Nano holds Efficiency (Sharpe) Ratio of 0.042, which attests that the entity had a 0.042 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Leadmicro Nano, which you can use to evaluate the volatility of the firm. Please check out Jiangsu Leadmicro's Risk Adjusted Performance of 0.0318, market risk adjusted performance of (0.24), and Downside Deviation of 3.1 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Jiangsu Leadmicro has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jiangsu Leadmicro are expected to decrease at a much lower rate. During the bear market, Jiangsu Leadmicro is likely to outperform the market. Jiangsu Leadmicro Nano right now retains a risk of 2.93%. Please check out Jiangsu Leadmicro mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Jiangsu Leadmicro will be following its current trending patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Jiangsu Leadmicro Nano has insignificant predictability. Overlapping area represents the amount of predictability between Jiangsu Leadmicro time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jiangsu Leadmicro Nano price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Jiangsu Leadmicro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Jiangsu Leadmicro Nano lagged returns against current returns
Autocorrelation, which is Jiangsu Leadmicro 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 Jiangsu Leadmicro's stock expected returns. We can calculate the autocorrelation of Jiangsu Leadmicro returns to help us make a trade decision. For example, suppose you find that Jiangsu Leadmicro 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 |
Jiangsu Leadmicro 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 Jiangsu Leadmicro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Leadmicro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Leadmicro stock over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Leadmicro Lagged Returns
When evaluating Jiangsu Leadmicro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Leadmicro stock have on its future price. Jiangsu Leadmicro 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, Jiangsu Leadmicro autocorrelation shows the relationship between Jiangsu Leadmicro stock current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Leadmicro Nano.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Jiangsu Leadmicro financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Leadmicro security.