China Minsh Stock Market Value
| CMAKY Stock | USD 3.99 0.10 2.57% |
| Symbol | China |
China Minsh '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 Minsh'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 Minsh.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in China Minsh on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding China Minsh or generate 0.0% return on investment in China Minsh over 720 days. China Minsh is related to or competes with Hancock Whitney, First Hawaiian, DBS Group, United Overseas, KBC Groep, and Overseas Chinese. China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, small and micro-ente... More
China Minsh 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 Minsh'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 Minsh upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.08 | |||
| Information Ratio | 0.0383 | |||
| Maximum Drawdown | 17.63 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 5.41 |
China Minsh Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Minsh's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Minsh's standard deviation. In reality, there are many statistical measures that can use China Minsh historical prices to predict the future China Minsh's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.3037 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0311 | |||
| Treynor Ratio | (0.54) |
China Minsh Backtested Returns
China Minsh appears to be relatively risky, given 3 months investment horizon. China Minsh secures Sharpe Ratio (or Efficiency) of 0.062, which signifies that the company had a 0.062% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Minsh, which you can use to evaluate the volatility of the firm. Please makes use of China Minsh's Risk Adjusted Performance of 0.0673, mean deviation of 2.32, and Downside Deviation of 4.08 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Minsh holds a performance score of 4. The firm shows a Beta (market volatility) of -0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning China Minsh are expected to decrease at a much lower rate. During the bear market, China Minsh is likely to outperform the market. Please check China Minsh's sortino ratio, as well as the relationship between the semi variance and day median price , to make a quick decision on whether China Minsh's price patterns will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
China Minsh has very weak reverse predictability. Overlapping area represents the amount of predictability between China Minsh time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 China Minsh price movement. The serial correlation of -0.03 indicates that only 3.0% of current China Minsh price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
China Minsh lagged returns against current returns
Autocorrelation, which is China Minsh 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 Minsh's pink sheet expected returns. We can calculate the autocorrelation of China Minsh returns to help us make a trade decision. For example, suppose you find that China Minsh 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 Minsh 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 Minsh pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Minsh 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 Minsh pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Minsh Lagged Returns
When evaluating China Minsh's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Minsh pink sheet have on its future price. China Minsh 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 Minsh autocorrelation shows the relationship between China Minsh pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Minsh.
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 Minsh's price analysis, check to measure China Minsh'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 Minsh is operating at the current time. Most of China Minsh's value examination focuses on studying past and present price action to predict the probability of China Minsh'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 Minsh's price. Additionally, you may evaluate how the addition of China Minsh to your portfolios can decrease your overall portfolio volatility.