Yuanjie Semiconductor (China) Market Value
| 688498 Stock | 151.25 8.41 5.89% |
| Symbol | Yuanjie |
Yuanjie Semiconductor '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 Yuanjie Semiconductor'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 Yuanjie Semiconductor.
| 10/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in Yuanjie Semiconductor on October 10, 2023 and sell it all today you would earn a total of 0.00 from holding Yuanjie Semiconductor Technology or generate 0.0% return on investment in Yuanjie Semiconductor over 420 days. Yuanjie Semiconductor is related to or competes with Cultural Investment, Gome Telecom, Bus Online, Holitech Technology, and Zotye Automobile. Yuanjie Semiconductor is entity of China More
Yuanjie Semiconductor 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 Yuanjie Semiconductor'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 Yuanjie Semiconductor Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.1475 | |||
| Maximum Drawdown | 28.28 | |||
| Value At Risk | (6.83) | |||
| Potential Upside | 11.91 |
Yuanjie Semiconductor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuanjie Semiconductor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuanjie Semiconductor's standard deviation. In reality, there are many statistical measures that can use Yuanjie Semiconductor historical prices to predict the future Yuanjie Semiconductor's volatility.| Risk Adjusted Performance | 0.1382 | |||
| Jensen Alpha | 0.8624 | |||
| Total Risk Alpha | 0.1027 | |||
| Sortino Ratio | 0.193 | |||
| Treynor Ratio | 1.31 |
Yuanjie Semiconductor Backtested Returns
Yuanjie Semiconductor is very steady given 3 months investment horizon. Yuanjie Semiconductor shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Yuanjie Semiconductor Technology Mean Deviation of 4.11, market risk adjusted performance of 1.32, and Downside Deviation of 4.3 to evaluate company specific risk that cannot be diversified away. Yuanjie Semiconductor holds a performance score of 16 on a scale of zero to a hundred. The firm maintains a market beta of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yuanjie Semiconductor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuanjie Semiconductor is expected to be smaller as well. Use Yuanjie Semiconductor Technology mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Yuanjie Semiconductor Technology.
Auto-correlation | 0.29 |
Poor predictability
Yuanjie Semiconductor Technology has poor predictability. Overlapping area represents the amount of predictability between Yuanjie Semiconductor time series from 10th of October 2023 to 7th of May 2024 and 7th of May 2024 to 3rd of December 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 Yuanjie Semiconductor price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Yuanjie Semiconductor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 641.97 |
Yuanjie Semiconductor lagged returns against current returns
Autocorrelation, which is Yuanjie Semiconductor 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 Yuanjie Semiconductor's stock expected returns. We can calculate the autocorrelation of Yuanjie Semiconductor returns to help us make a trade decision. For example, suppose you find that Yuanjie Semiconductor 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 |
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Yuanjie Semiconductor 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 Yuanjie Semiconductor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuanjie Semiconductor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuanjie Semiconductor stock over time.
Current vs Lagged Prices |
| Timeline |
Yuanjie Semiconductor Lagged Returns
When evaluating Yuanjie Semiconductor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuanjie Semiconductor stock have on its future price. Yuanjie Semiconductor 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, Yuanjie Semiconductor autocorrelation shows the relationship between Yuanjie Semiconductor stock current value and its past values and can show if there is a momentum factor associated with investing in Yuanjie Semiconductor Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yuanjie Stock
Yuanjie Semiconductor financial ratios help investors to determine whether Yuanjie 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 Yuanjie with respect to the benefits of owning Yuanjie Semiconductor security.