CHINA PACINGRGDR/5 (Germany) Market Value
| 75CB Stock | EUR 20.20 0.20 0.98% |
| Symbol | CHINA |
CHINA PACINGRGDR/5 '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 CHINA PACINGRGDR/5'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 CHINA PACINGRGDR/5.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in CHINA PACINGRGDR/5 on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding CHINA PACINGRGDR5 YC1 or generate 0.0% return on investment in CHINA PACINGRGDR/5 over 30 days. CHINA PACINGRGDR/5 is related to or competes with PING AN, Aflac Incorporated, Phoenix Group, SANLAM, China Taiping, and OLD MUTUAL. China Pacific Insurance Co., Ltd., together with its subsidiaries, offers insurance products in the Peoples Republic of ... More
CHINA PACINGRGDR/5 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 CHINA PACINGRGDR/5'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 CHINA PACINGRGDR5 YC1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.46 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.85 |
CHINA PACINGRGDR/5 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA PACINGRGDR/5's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA PACINGRGDR/5's standard deviation. In reality, there are many statistical measures that can use CHINA PACINGRGDR/5 historical prices to predict the future CHINA PACINGRGDR/5's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (1.25) |
CHINA PACINGRGDR5 YC1 Backtested Returns
CHINA PACINGRGDR5 YC1 secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of return volatility over the last 3 months. CHINA PACINGRGDR5 YC1 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHINA PACINGRGDR/5's Risk Adjusted Performance of (0.07), mean deviation of 1.77, and Coefficient Of Variation of (1,091) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CHINA PACINGRGDR/5's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA PACINGRGDR/5 is expected to be smaller as well. At this point, CHINA PACINGRGDR5 YC1 has a negative expected return of -0.29%. Please make sure to confirm CHINA PACINGRGDR/5's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if CHINA PACINGRGDR5 YC1 performance from the past will be repeated in the future.
Auto-correlation | 0.83 |
Very good predictability
CHINA PACINGRGDR5 YC1 has very good predictability. Overlapping area represents the amount of predictability between CHINA PACINGRGDR/5 time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 CHINA PACINGRGDR5 YC1 price movement. The serial correlation of 0.83 indicates that around 83.0% of current CHINA PACINGRGDR/5 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
CHINA PACINGRGDR5 YC1 lagged returns against current returns
Autocorrelation, which is CHINA PACINGRGDR/5 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 CHINA PACINGRGDR/5's stock expected returns. We can calculate the autocorrelation of CHINA PACINGRGDR/5 returns to help us make a trade decision. For example, suppose you find that CHINA PACINGRGDR/5 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 |
CHINA PACINGRGDR/5 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 CHINA PACINGRGDR/5 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA PACINGRGDR/5 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA PACINGRGDR/5 stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA PACINGRGDR/5 Lagged Returns
When evaluating CHINA PACINGRGDR/5's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA PACINGRGDR/5 stock have on its future price. CHINA PACINGRGDR/5 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, CHINA PACINGRGDR/5 autocorrelation shows the relationship between CHINA PACINGRGDR/5 stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA PACINGRGDR5 YC1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHINA Stock
CHINA PACINGRGDR/5 financial ratios help investors to determine whether CHINA 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 CHINA with respect to the benefits of owning CHINA PACINGRGDR/5 security.