Shanghai Lingyun (China) Market Value
| 900957 Stock | 0.37 0.02 5.13% |
| Symbol | Shanghai |
Shanghai Lingyun '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 Shanghai Lingyun'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 Shanghai Lingyun.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Shanghai Lingyun on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Shanghai Lingyun Industries or generate 0.0% return on investment in Shanghai Lingyun over 360 days. Shanghai Lingyun is related to or competes with Meinian Onehealth, By Health, Lander Sports, Healthcare, Jiangsu Jinling, and Shanghai Yaoji. Shanghai Lingyun is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Lingyun 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 Shanghai Lingyun'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 Shanghai Lingyun Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.31 | |||
| Information Ratio | 0.1193 | |||
| Maximum Drawdown | 18.61 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.33 |
Shanghai Lingyun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Lingyun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Lingyun's standard deviation. In reality, there are many statistical measures that can use Shanghai Lingyun historical prices to predict the future Shanghai Lingyun's volatility.| Risk Adjusted Performance | 0.1205 | |||
| Jensen Alpha | 0.7263 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1093 | |||
| Treynor Ratio | (3.42) |
Shanghai Lingyun Ind Backtested Returns
Shanghai Lingyun appears to be out of control, given 3 months investment horizon. Shanghai Lingyun Ind owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Shanghai Lingyun's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review Shanghai Lingyun's Semi Deviation of 3.66, coefficient of variation of 684.33, and Risk Adjusted Performance of 0.1205 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shanghai Lingyun holds a performance score of 13. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shanghai Lingyun are expected to decrease at a much lower rate. During the bear market, Shanghai Lingyun is likely to outperform the market. Please check Shanghai Lingyun's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shanghai Lingyun's existing price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Shanghai Lingyun Industries has very good reverse predictability. Overlapping area represents the amount of predictability between Shanghai Lingyun time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Shanghai Lingyun Ind price movement. The serial correlation of -0.66 indicates that around 66.0% of current Shanghai Lingyun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Shanghai Lingyun Ind lagged returns against current returns
Autocorrelation, which is Shanghai Lingyun 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 Shanghai Lingyun's stock expected returns. We can calculate the autocorrelation of Shanghai Lingyun returns to help us make a trade decision. For example, suppose you find that Shanghai Lingyun 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 |
Shanghai Lingyun 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 Shanghai Lingyun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Lingyun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Lingyun stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Lingyun Lagged Returns
When evaluating Shanghai Lingyun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Lingyun stock have on its future price. Shanghai Lingyun 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, Shanghai Lingyun autocorrelation shows the relationship between Shanghai Lingyun stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Lingyun Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Lingyun financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Lingyun security.