China Everbright International Stock Market Value
| CHFFY Stock | USD 6.76 0.00 0.00% |
| Symbol | China |
China Everbright '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 Everbright's pink sheet 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 Everbright.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in China Everbright on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding China Everbright International or generate 0.0% return on investment in China Everbright over 720 days. China Everbright is related to or competes with Anaergia, Mo-BRUK SA, Heidelberger Druckmaschinen, Aida Engineering, Valid Solucoes, K-Bro Linen, and En-japan. China Everbright Environment Group Limited, provides environmental solutions worldwide More
China Everbright 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 Everbright's pink sheet 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 Everbright International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0968 | |||
| Maximum Drawdown | 25.19 |
China Everbright Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Everbright's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Everbright's standard deviation. In reality, there are many statistical measures that can use China Everbright historical prices to predict the future China Everbright's volatility.| Risk Adjusted Performance | 0.0948 | |||
| Jensen Alpha | 0.4855 | |||
| Total Risk Alpha | 0.0425 | |||
| Treynor Ratio | (0.26) |
China Everbright Int Backtested Returns
China Everbright appears to be slightly risky, given 3 months investment horizon. China Everbright Int secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for China Everbright International, which you can use to evaluate the volatility of the firm. Please makes use of China Everbright's Risk Adjusted Performance of 0.0948, mean deviation of 0.763, and Standard Deviation of 3.12 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Everbright holds a performance score of 9. The firm shows a Beta (market volatility) of -1.44, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning China Everbright are expected to decrease by larger amounts. On the other hand, during market turmoil, China Everbright is expected to outperform it. Please check China Everbright's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to make a quick decision on whether China Everbright's price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
China Everbright International has virtually no predictability. Overlapping area represents the amount of predictability between China Everbright time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Everbright Int price movement. The serial correlation of 0.09 indicates that less than 9.0% of current China Everbright price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
China Everbright Int lagged returns against current returns
Autocorrelation, which is China Everbright pink sheet'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 Everbright's pink sheet expected returns. We can calculate the autocorrelation of China Everbright returns to help us make a trade decision. For example, suppose you find that China Everbright has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Everbright 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 Everbright pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Everbright pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Everbright pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Everbright Lagged Returns
When evaluating China Everbright's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Everbright pink sheet have on its future price. China Everbright 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 Everbright autocorrelation shows the relationship between China Everbright pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Everbright International.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for China Pink Sheet Analysis
When running China Everbright's price analysis, check to measure China Everbright's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Everbright is operating at the current time. Most of China Everbright's value examination focuses on studying past and present price action to predict the probability of China Everbright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Everbright's price. Additionally, you may evaluate how the addition of China Everbright to your portfolios can decrease your overall portfolio volatility.