Fosun International Ltd Stock Market Value
| FOSUY Stock | USD 13.61 0.72 5.02% |
| Symbol | Fosun |
Fosun International '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 Fosun International'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 Fosun International.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Fosun International on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Fosun International Ltd or generate 0.0% return on investment in Fosun International over 60 days. Fosun International is related to or competes with Sumitomo Corp, Itochu Corp, ITOCHU, and Marubeni Corp. Fosun International Limited operates in health, happiness, wealth, and intelligent manufacturing sectors in Mainland Chi... More
Fosun International 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 Fosun International'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 Fosun International Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.9 | |||
| Information Ratio | 0.015 | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 4.6 |
Fosun International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fosun International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fosun International's standard deviation. In reality, there are many statistical measures that can use Fosun International historical prices to predict the future Fosun International's volatility.| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.0891 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | 0.2908 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fosun International'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.
Fosun International Backtested Returns
At this stage we consider Fosun Pink Sheet to be not too volatile. Fosun International secures Sharpe Ratio (or Efficiency) of 0.0471, which denotes the company had a 0.0471% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fosun International Ltd, which you can use to evaluate the volatility of the firm. Please confirm Fosun International's Mean Deviation of 0.982, downside deviation of 3.9, and Coefficient Of Variation of 1369.24 to check if the risk estimate we provide is consistent with the expected return of 0.1%. Fosun International has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fosun International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fosun International is expected to be smaller as well. Fosun International right now shows a risk of 2.16%. Please confirm Fosun International treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to decide if Fosun International will be following its price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Fosun International Ltd has very good reverse predictability. Overlapping area represents the amount of predictability between Fosun International time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th 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 Fosun International price movement. The serial correlation of -0.67 indicates that around 67.0% of current Fosun International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Fosun International lagged returns against current returns
Autocorrelation, which is Fosun International 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 Fosun International's pink sheet expected returns. We can calculate the autocorrelation of Fosun International returns to help us make a trade decision. For example, suppose you find that Fosun International 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 |
Fosun International 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 Fosun International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fosun International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fosun International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fosun International Lagged Returns
When evaluating Fosun International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fosun International pink sheet have on its future price. Fosun International 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, Fosun International autocorrelation shows the relationship between Fosun International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fosun International Ltd.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Fosun Pink Sheet Analysis
When running Fosun International's price analysis, check to measure Fosun International'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 Fosun International is operating at the current time. Most of Fosun International's value examination focuses on studying past and present price action to predict the probability of Fosun International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fosun International's price. Additionally, you may evaluate how the addition of Fosun International to your portfolios can decrease your overall portfolio volatility.