China Changjiang Mining Stock Market Value
| CHJI Stock | USD 0.03 0.00 0.00% |
| Symbol | China |
China Changjiang '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 Changjiang'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 Changjiang.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in China Changjiang on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding China Changjiang Mining or generate 0.0% return on investment in China Changjiang over 30 days. China Changjiang is related to or competes with Boston Properties, Kilroy Realty, SL Green, Vornado Realty, Highwoods Properties, Alexandria Real, and Douglas Emmett. China Changjiang Mining New Energy Company, Ltd More
China Changjiang 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 Changjiang'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 Changjiang Mining upside and downside potential and time the market with a certain degree of confidence.
China Changjiang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Changjiang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Changjiang's standard deviation. In reality, there are many statistical measures that can use China Changjiang historical prices to predict the future China Changjiang's volatility.China Changjiang Mining Backtested Returns
We have found three technical indicators for China Changjiang Mining, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China Changjiang are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
China Changjiang Mining has perfect predictability. Overlapping area represents the amount of predictability between China Changjiang time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Changjiang Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current China Changjiang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Changjiang Mining lagged returns against current returns
Autocorrelation, which is China Changjiang 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 Changjiang's pink sheet expected returns. We can calculate the autocorrelation of China Changjiang returns to help us make a trade decision. For example, suppose you find that China Changjiang 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 Changjiang 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 Changjiang pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Changjiang 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 Changjiang pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Changjiang Lagged Returns
When evaluating China Changjiang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Changjiang pink sheet have on its future price. China Changjiang 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 Changjiang autocorrelation shows the relationship between China Changjiang pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Changjiang Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Changjiang financial ratios help investors to determine whether China Pink Sheet 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 Changjiang security.