Beijing YanDong's market value is the price at which a share of Beijing YanDong trades on a public exchange. It measures the collective expectations of Beijing YanDong MicroElectronic investors about its performance. Beijing YanDong is trading at 19.84 as of the 10th of January 2025, a 1.05% down since the beginning of the trading day. The stock's open price was 20.05. With this module, you can estimate the performance of a buy and hold strategy of Beijing YanDong MicroElectronic and determine expected loss or profit from investing in Beijing YanDong over a given investment horizon. Check out Beijing YanDong Correlation, Beijing YanDong Volatility and Beijing YanDong Alpha and Beta module to complement your research on Beijing YanDong.
Please note, there is a significant difference between Beijing YanDong's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beijing YanDong is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beijing YanDong's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Beijing YanDong '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 Beijing YanDong'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 Beijing YanDong.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Beijing YanDong on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Beijing YanDong MicroElectronic or generate 0.0% return on investment in Beijing YanDong over 30 days. Beijing YanDong is related to or competes with Ping An, China Life, Hubei Geoway, Penyao Environmental, Fujian Nanwang, Luyin Investment, and Shanghai Material. Beijing YanDong is entity of China. It is traded as Stock on SHG exchange. More
Beijing YanDong 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 Beijing YanDong'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 Beijing YanDong MicroElectronic upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing YanDong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing YanDong's standard deviation. In reality, there are many statistical measures that can use Beijing YanDong historical prices to predict the future Beijing YanDong's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Beijing YanDong. Your research has to be compared to or analyzed against Beijing YanDong's peers to derive any actionable benefits. When done correctly, Beijing YanDong's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Beijing YanDong Micr.
Beijing YanDong Micr Backtested Returns
Beijing YanDong appears to be somewhat reliable, given 3 months investment horizon. Beijing YanDong Micr secures Sharpe Ratio (or Efficiency) of 0.05, which signifies that the company had a 0.05% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Beijing YanDong MicroElectronic, which you can use to evaluate the volatility of the firm. Please makes use of Beijing YanDong's Risk Adjusted Performance of 0.0204, downside deviation of 3.91, and Mean Deviation of 3.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing YanDong holds a performance score of 3. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beijing YanDong's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijing YanDong is expected to be smaller as well. Please check Beijing YanDong's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Beijing YanDong's price patterns will revert.
Auto-correlation
0.77
Good predictability
Beijing YanDong MicroElectronic has good predictability. Overlapping area represents the amount of predictability between Beijing YanDong time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 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 Beijing YanDong Micr price movement. The serial correlation of 0.77 indicates that around 77.0% of current Beijing YanDong price fluctuation can be explain by its past prices.
Correlation Coefficient
0.77
Spearman Rank Test
0.08
Residual Average
0.0
Price Variance
0.64
Beijing YanDong Micr lagged returns against current returns
Autocorrelation, which is Beijing YanDong 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 Beijing YanDong's stock expected returns. We can calculate the autocorrelation of Beijing YanDong returns to help us make a trade decision. For example, suppose you find that Beijing YanDong 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
Beijing YanDong 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 Beijing YanDong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing YanDong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing YanDong stock over time.
Current vs Lagged Prices
Timeline
Beijing YanDong Lagged Returns
When evaluating Beijing YanDong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing YanDong stock have on its future price. Beijing YanDong 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, Beijing YanDong autocorrelation shows the relationship between Beijing YanDong stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing YanDong MicroElectronic.
Beijing YanDong financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing YanDong security.