China Shenhua Energy Stock Market Value
| CSUAY Stock | USD 16.33 0.24 1.49% |
| Symbol | China |
China Shenhua '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 Shenhua'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 Shenhua.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in China Shenhua on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding China Shenhua Energy or generate 0.0% return on investment in China Shenhua over 90 days. China Shenhua is related to or competes with Yancoal Australia, China Coal, Bukit Asam, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power railway, ... More
China Shenhua 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 Shenhua'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 Shenhua Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.3 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.03 |
China Shenhua Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Shenhua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Shenhua's standard deviation. In reality, there are many statistical measures that can use China Shenhua historical prices to predict the future China Shenhua's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.83) |
China Shenhua Energy Backtested Returns
China Shenhua Energy secures Sharpe Ratio (or Efficiency) of -0.0486, which signifies that the company had a -0.0486 % return per unit of risk over the last 3 months. China Shenhua Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Shenhua's Mean Deviation of 1.56, risk adjusted performance of (0.03), and Standard Deviation of 2.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Shenhua's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Shenhua is expected to be smaller as well. At this point, China Shenhua Energy has a negative expected return of -0.1%. Please make sure to confirm China Shenhua's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if China Shenhua Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
China Shenhua Energy has very weak predictability. Overlapping area represents the amount of predictability between China Shenhua time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 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 Shenhua Energy price movement. The serial correlation of 0.17 indicates that over 17.0% of current China Shenhua price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
China Shenhua Energy lagged returns against current returns
Autocorrelation, which is China Shenhua 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 Shenhua's pink sheet expected returns. We can calculate the autocorrelation of China Shenhua returns to help us make a trade decision. For example, suppose you find that China Shenhua 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 Shenhua 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 Shenhua pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Shenhua 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 Shenhua pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Shenhua Lagged Returns
When evaluating China Shenhua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Shenhua pink sheet have on its future price. China Shenhua 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 Shenhua autocorrelation shows the relationship between China Shenhua pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Shenhua Energy.
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 Shenhua's price analysis, check to measure China Shenhua'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 Shenhua is operating at the current time. Most of China Shenhua's value examination focuses on studying past and present price action to predict the probability of China Shenhua'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 Shenhua's price. Additionally, you may evaluate how the addition of China Shenhua to your portfolios can decrease your overall portfolio volatility.