Cambricon Technologies' market value is the price at which a share of Cambricon Technologies trades on a public exchange. It measures the collective expectations of Cambricon Technologies Corp investors about its performance. Cambricon Technologies is trading at 572.00 as of the 1st of February 2025, a 1.72 percent decrease since the beginning of the trading day. The stock's open price was 582.01. With this module, you can estimate the performance of a buy and hold strategy of Cambricon Technologies Corp and determine expected loss or profit from investing in Cambricon Technologies over a given investment horizon. Check out Cambricon Technologies Correlation, Cambricon Technologies Volatility and Cambricon Technologies Alpha and Beta module to complement your research on Cambricon Technologies.
Please note, there is a significant difference between Cambricon Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambricon Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambricon Technologies' 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.
Cambricon Technologies '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 Cambricon Technologies' 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 Cambricon Technologies.
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01/02/2025
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In 31 days
02/01/2025
0.00
If you would invest 0.00 in Cambricon Technologies on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Cambricon Technologies Corp or generate 0.0% return on investment in Cambricon Technologies over 30 days. Cambricon Technologies is related to or competes with Yoantion Industrial, Bosera CMSK, Xinjiang Baodi, Pengxin International, Shenzhen Zhongzhuang, Baoding Dongli, and Western Metal. Cambricon Technologies is entity of China More
Cambricon Technologies 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 Cambricon Technologies' 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 Cambricon Technologies Corp 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 Cambricon Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambricon Technologies' standard deviation. In reality, there are many statistical measures that can use Cambricon Technologies historical prices to predict the future Cambricon Technologies' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cambricon Technologies. Your research has to be compared to or analyzed against Cambricon Technologies' peers to derive any actionable benefits. When done correctly, Cambricon Technologies' 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 Cambricon Technologies.
Cambricon Technologies Backtested Returns
Cambricon Technologies appears to be very steady, given 3 months investment horizon. Cambricon Technologies secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. By analyzing Cambricon Technologies' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Cambricon Technologies' Risk Adjusted Performance of 0.1119, downside deviation of 4.4, and Mean Deviation of 3.35 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cambricon Technologies holds a performance score of 11. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambricon Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambricon Technologies is expected to be smaller as well. Please check Cambricon Technologies' downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Cambricon Technologies' price patterns will revert.
Auto-correlation
-0.21
Weak reverse predictability
Cambricon Technologies Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Cambricon Technologies time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 Cambricon Technologies price movement. The serial correlation of -0.21 indicates that over 21.0% of current Cambricon Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.21
Spearman Rank Test
-0.24
Residual Average
0.0
Price Variance
565.06
Cambricon Technologies lagged returns against current returns
Autocorrelation, which is Cambricon Technologies 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 Cambricon Technologies' stock expected returns. We can calculate the autocorrelation of Cambricon Technologies returns to help us make a trade decision. For example, suppose you find that Cambricon Technologies 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
Cambricon Technologies 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 Cambricon Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cambricon Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cambricon Technologies stock over time.
Current vs Lagged Prices
Timeline
Cambricon Technologies Lagged Returns
When evaluating Cambricon Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cambricon Technologies stock have on its future price. Cambricon Technologies 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, Cambricon Technologies autocorrelation shows the relationship between Cambricon Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Cambricon Technologies Corp.
Cambricon Technologies financial ratios help investors to determine whether Cambricon 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 Cambricon with respect to the benefits of owning Cambricon Technologies security.