China Xuefeng Environmental Stock Market Value
| ELEK Stock | USD 0.02 0 15.00% |
| Symbol | China |
China Xuefeng '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 Xuefeng'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 Xuefeng.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in China Xuefeng on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding China Xuefeng Environmental or generate 0.0% return on investment in China Xuefeng over 30 days. China Xuefeng is related to or competes with Isuzu Motors, Renault SA, Toyota, and Porsche Automobile. Elektros Inc. engages in the motor vehicles and passenger car bodies business More
China Xuefeng 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 Xuefeng'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 Xuefeng Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 32.25 | |||
| Information Ratio | 0.1005 | |||
| Maximum Drawdown | 190.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
China Xuefeng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Xuefeng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Xuefeng's standard deviation. In reality, there are many statistical measures that can use China Xuefeng historical prices to predict the future China Xuefeng's volatility.| Risk Adjusted Performance | 0.0897 | |||
| Jensen Alpha | 3.33 | |||
| Total Risk Alpha | (1.60) | |||
| Sortino Ratio | 0.0979 | |||
| Treynor Ratio | (7.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Xuefeng's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Xuefeng Enviro Backtested Returns
China Xuefeng is out of control given 3 months investment horizon. China Xuefeng Enviro secures Sharpe Ratio (or Efficiency) of 0.0761, which signifies that the company had a 0.0761% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.4% are justified by taking the suggested risk. Use China Xuefeng Risk Adjusted Performance of 0.0897, mean deviation of 19.47, and Downside Deviation of 32.25 to evaluate company specific risk that cannot be diversified away. China Xuefeng holds a performance score of 5 on a scale of zero to a hundred. 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 Xuefeng are expected to decrease at a much lower rate. During the bear market, China Xuefeng is likely to outperform the market. Use China Xuefeng jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to analyze future returns on China Xuefeng.
Auto-correlation | 0.42 |
Average predictability
China Xuefeng Environmental has average predictability. Overlapping area represents the amount of predictability between China Xuefeng time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Xuefeng Enviro price movement. The serial correlation of 0.42 indicates that just about 42.0% of current China Xuefeng price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Xuefeng Enviro lagged returns against current returns
Autocorrelation, which is China Xuefeng 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 Xuefeng's pink sheet expected returns. We can calculate the autocorrelation of China Xuefeng returns to help us make a trade decision. For example, suppose you find that China Xuefeng 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 Xuefeng 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 Xuefeng pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Xuefeng 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 Xuefeng pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Xuefeng Lagged Returns
When evaluating China Xuefeng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Xuefeng pink sheet have on its future price. China Xuefeng 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 Xuefeng autocorrelation shows the relationship between China Xuefeng pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Xuefeng Environmental.
Regressed Prices |
| Timeline |
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China Xuefeng 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 Xuefeng security.