Citic Resources Holdings Stock Market Value
| CTJHY Stock | USD 10.16 0.06 0.59% |
| Symbol | CITIC |
CITIC Resources '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 CITIC Resources' 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 CITIC Resources.
| 01/01/2025 |
| 12/27/2025 |
If you would invest 0.00 in CITIC Resources on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding CITIC Resources Holdings or generate 0.0% return on investment in CITIC Resources over 360 days. CITIC Resources is related to or competes with Aurelia Metals, Ecora Resources, Entree Resources, Meridian Mining, Erdene Resource, Benz Mining, and Ioneer. CITIC Resources Holdings Limited, an investment holding company, engages in the exploration, development, and production... More
CITIC Resources 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 CITIC Resources' 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 CITIC Resources Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0757 | |||
| Maximum Drawdown | 12.22 |
CITIC Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIC Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIC Resources' standard deviation. In reality, there are many statistical measures that can use CITIC Resources historical prices to predict the future CITIC Resources' volatility.| Risk Adjusted Performance | 0.0961 | |||
| Jensen Alpha | 0.2094 | |||
| Total Risk Alpha | 0.0339 | |||
| Treynor Ratio | (0.51) |
CITIC Resources Holdings Backtested Returns
CITIC Resources appears to be not too volatile, given 3 months investment horizon. CITIC Resources Holdings secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of volatility over the last 3 months. We have found nineteen technical indicators for CITIC Resources Holdings, which you can use to evaluate the volatility of the firm. Please makes use of CITIC Resources' risk adjusted performance of 0.0961, and Mean Deviation of 0.3766 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CITIC Resources holds a performance score of 10. The firm shows a Beta (market volatility) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CITIC Resources are expected to decrease at a much lower rate. During the bear market, CITIC Resources is likely to outperform the market. Please check CITIC Resources' jensen alpha and day median price , to make a quick decision on whether CITIC Resources' price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
CITIC Resources Holdings has modest predictability. Overlapping area represents the amount of predictability between CITIC Resources time series from 1st of January 2025 to 30th of June 2025 and 30th of June 2025 to 27th 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 CITIC Resources Holdings price movement. The serial correlation of 0.54 indicates that about 54.0% of current CITIC Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
CITIC Resources Holdings lagged returns against current returns
Autocorrelation, which is CITIC Resources 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 CITIC Resources' pink sheet expected returns. We can calculate the autocorrelation of CITIC Resources returns to help us make a trade decision. For example, suppose you find that CITIC Resources 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 |
CITIC Resources 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 CITIC Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIC Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIC Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CITIC Resources Lagged Returns
When evaluating CITIC Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIC Resources pink sheet have on its future price. CITIC Resources 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, CITIC Resources autocorrelation shows the relationship between CITIC Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CITIC Resources Holdings.
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 CITIC Pink Sheet Analysis
When running CITIC Resources' price analysis, check to measure CITIC Resources' 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 CITIC Resources is operating at the current time. Most of CITIC Resources' value examination focuses on studying past and present price action to predict the probability of CITIC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CITIC Resources' price. Additionally, you may evaluate how the addition of CITIC Resources to your portfolios can decrease your overall portfolio volatility.