CN DATANG (Germany) Market Value
| DT7 Stock | EUR 0.24 0.00 0.00% |
| Symbol | DT7 |
CN DATANG '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 CN DATANG's stock 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 CN DATANG.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in CN DATANG on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding CN DATANG C or generate 0.0% return on investment in CN DATANG over 30 days. CN DATANG is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
CN DATANG 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 CN DATANG's stock 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 CN DATANG C upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.05 | |||
| Information Ratio | 0.066 | |||
| Maximum Drawdown | 37.41 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 5.0 |
CN DATANG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CN DATANG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CN DATANG's standard deviation. In reality, there are many statistical measures that can use CN DATANG historical prices to predict the future CN DATANG's volatility.| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | 0.2851 | |||
| Total Risk Alpha | 0.2884 | |||
| Sortino Ratio | 0.0355 | |||
| Treynor Ratio | (0.58) |
CN DATANG C Backtested Returns
CN DATANG appears to be out of control, given 3 months investment horizon. CN DATANG C retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the company had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for CN DATANG, which you can use to evaluate the volatility of the firm. Please makes use of CN DATANG's Standard Deviation of 4.33, market risk adjusted performance of (0.57), and Coefficient Of Variation of 1466.19 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CN DATANG holds a performance score of 9. The firm owns a Beta (Systematic Risk) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CN DATANG are expected to decrease at a much lower rate. During the bear market, CN DATANG is likely to outperform the market. Please check CN DATANG's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether CN DATANG's current price history will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
CN DATANG C has weak reverse predictability. Overlapping area represents the amount of predictability between CN DATANG time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 CN DATANG C price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current CN DATANG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CN DATANG C lagged returns against current returns
Autocorrelation, which is CN DATANG stock'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 CN DATANG's stock expected returns. We can calculate the autocorrelation of CN DATANG returns to help us make a trade decision. For example, suppose you find that CN DATANG has exhibited high autocorrelation historically, and you observe that the stock 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 |
CN DATANG 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 CN DATANG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CN DATANG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CN DATANG stock over time.
Current vs Lagged Prices |
| Timeline |
CN DATANG Lagged Returns
When evaluating CN DATANG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CN DATANG stock have on its future price. CN DATANG 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, CN DATANG autocorrelation shows the relationship between CN DATANG stock current value and its past values and can show if there is a momentum factor associated with investing in CN DATANG C.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for DT7 Stock Analysis
When running CN DATANG's price analysis, check to measure CN DATANG'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 CN DATANG is operating at the current time. Most of CN DATANG's value examination focuses on studying past and present price action to predict the probability of CN DATANG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CN DATANG's price. Additionally, you may evaluate how the addition of CN DATANG to your portfolios can decrease your overall portfolio volatility.