Jinzhou Port (China) Market Value
| 900952 Stock | 0.12 0.01 9.09% |
| Symbol | Jinzhou |
Jinzhou Port '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 Jinzhou Port'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 Jinzhou Port.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Jinzhou Port on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Jinzhou Port Co or generate 0.0% return on investment in Jinzhou Port over 30 days. Jinzhou Port is related to or competes with Western Mining, Xinjiang Baodi, Hainan Mining, Wuhan Yangtze, Guangdong Silvere, Zhongtong Guomai, and Nanjing Putian. Jinzhou Port is entity of China. It is traded as Stock on SHG exchange. More
Jinzhou Port 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 Jinzhou Port'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 Jinzhou Port Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 18.33 | |||
| Potential Upside | 8.33 |
Jinzhou Port Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jinzhou Port's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jinzhou Port's standard deviation. In reality, there are many statistical measures that can use Jinzhou Port historical prices to predict the future Jinzhou Port's volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.2059 | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.43) |
Jinzhou Port Backtested Returns
At this point, Jinzhou Port is out of control. Jinzhou Port holds Efficiency (Sharpe) Ratio of 0.0724, which attests that the entity had a 0.0724% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Jinzhou Port, which you can use to evaluate the volatility of the firm. Please check out Jinzhou Port's Risk Adjusted Performance of 0.0531, standard deviation of 2.89, and Market Risk Adjusted Performance of (0.42) to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Jinzhou Port has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jinzhou Port are expected to decrease at a much lower rate. During the bear market, Jinzhou Port is likely to outperform the market. Jinzhou Port right now retains a risk of 2.54%. Please check out Jinzhou Port jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Jinzhou Port will be following its current trending patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Jinzhou Port Co has good reverse predictability. Overlapping area represents the amount of predictability between Jinzhou Port time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Jinzhou Port price movement. The serial correlation of -0.54 indicates that about 54.0% of current Jinzhou Port price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jinzhou Port lagged returns against current returns
Autocorrelation, which is Jinzhou Port 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 Jinzhou Port's stock expected returns. We can calculate the autocorrelation of Jinzhou Port returns to help us make a trade decision. For example, suppose you find that Jinzhou Port 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 |
Jinzhou Port 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 Jinzhou Port stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jinzhou Port stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jinzhou Port stock over time.
Current vs Lagged Prices |
| Timeline |
Jinzhou Port Lagged Returns
When evaluating Jinzhou Port's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jinzhou Port stock have on its future price. Jinzhou Port 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, Jinzhou Port autocorrelation shows the relationship between Jinzhou Port stock current value and its past values and can show if there is a momentum factor associated with investing in Jinzhou Port Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jinzhou Stock
Jinzhou Port financial ratios help investors to determine whether Jinzhou 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 Jinzhou with respect to the benefits of owning Jinzhou Port security.