China United Insurance Stock Market Value
CUII Stock | USD 0.0001 0.00 0.00% |
Symbol | China |
China United '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 United'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 United.
10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in China United on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding China United Insurance or generate 0.0% return on investment in China United over 30 days. China United is related to or competes with Catalent, Amgen, Minerals Technologies, Akanda Corp, Valneva SE, Marti Technologies, and Teleflex Incorporated. China United Insurance Service, Inc., through its subsidiaries, provides brokerage services related to life insurance, a... More
China United 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 United'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 United Insurance upside and downside potential and time the market with a certain degree of confidence.
China United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China United's standard deviation. In reality, there are many statistical measures that can use China United historical prices to predict the future China United's volatility.China United Insurance Backtested Returns
We have found three technical indicators for China United Insurance, 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 United are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
China United Insurance has no correlation between past and present. Overlapping area represents the amount of predictability between China United time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 United Insurance price movement. The serial correlation of 0.0 indicates that just 0.0% of current China United price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
China United Insurance lagged returns against current returns
Autocorrelation, which is China United 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 United's pink sheet expected returns. We can calculate the autocorrelation of China United returns to help us make a trade decision. For example, suppose you find that China United 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 United 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 United pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China United 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 United pink sheet over time.
Current vs Lagged Prices |
Timeline |
China United Lagged Returns
When evaluating China United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China United pink sheet have on its future price. China United 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 United autocorrelation shows the relationship between China United pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China United Insurance.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China United 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 United security.