CHINA EDUCATION (Germany) Market Value
| C3W Stock | 0.45 0.02 4.26% |
| Symbol | CHINA |
CHINA EDUCATION '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 EDUCATION'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 EDUCATION.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in CHINA EDUCATION on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding CHINA EDUCATION GROUP or generate 0.0% return on investment in CHINA EDUCATION over 510 days. CHINA EDUCATION is related to or competes with Choice Hotels, Wyndham Hotels, FIREWEED METALS, PARKEN Sport, Aluminumof China, and LION ONE. More
CHINA EDUCATION 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 EDUCATION'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 EDUCATION GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.42 | |||
| Information Ratio | 0.0035 | |||
| Maximum Drawdown | 35.16 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 7.14 |
CHINA EDUCATION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA EDUCATION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA EDUCATION's standard deviation. In reality, there are many statistical measures that can use CHINA EDUCATION historical prices to predict the future CHINA EDUCATION's volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | 0.0893 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | 0.35 |
CHINA EDUCATION GROUP Backtested Returns
At this point, CHINA EDUCATION is out of control. CHINA EDUCATION GROUP secures Sharpe Ratio (or Efficiency) of 0.0166, which signifies that the company had a 0.0166% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CHINA EDUCATION GROUP, which you can use to evaluate the volatility of the firm. Please confirm CHINA EDUCATION's Mean Deviation of 3.13, semi deviation of 3.99, and Risk Adjusted Performance of 0.0318 to double-check if the risk estimate we provide is consistent with the expected return of 0.0795%. CHINA EDUCATION has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CHINA EDUCATION's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA EDUCATION is expected to be smaller as well. CHINA EDUCATION GROUP at this time shows a risk of 4.8%. Please confirm CHINA EDUCATION GROUP downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if CHINA EDUCATION GROUP will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
CHINA EDUCATION GROUP has modest reverse predictability. Overlapping area represents the amount of predictability between CHINA EDUCATION time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 CHINA EDUCATION GROUP price movement. The serial correlation of -0.48 indicates that about 48.0% of current CHINA EDUCATION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CHINA EDUCATION GROUP lagged returns against current returns
Autocorrelation, which is CHINA EDUCATION 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 EDUCATION's stock expected returns. We can calculate the autocorrelation of CHINA EDUCATION returns to help us make a trade decision. For example, suppose you find that CHINA EDUCATION 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 EDUCATION 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 EDUCATION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA EDUCATION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA EDUCATION stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA EDUCATION Lagged Returns
When evaluating CHINA EDUCATION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA EDUCATION stock have on its future price. CHINA EDUCATION 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 EDUCATION autocorrelation shows the relationship between CHINA EDUCATION stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA EDUCATION GROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CHINA Stock
CHINA EDUCATION 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 EDUCATION security.