Strong Petrochemical (Germany) Market Value
| K20A Stock | EUR 0.01 0.00 0.00% |
| Symbol | Strong |
Strong Petrochemical '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 Strong Petrochemical'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 Strong Petrochemical.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Strong Petrochemical on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Strong Petrochemical Holdings or generate 0.0% return on investment in Strong Petrochemical over 30 days. Strong Petrochemical is related to or competes with ARDAGH METAL, Benchmark Electronics, AOI Electronics, GREENX METALS, Nanjing Panda, and Nucletron Electronic. Strong Petrochemical Holdings Limited, an investment holding company, engages in trading crude oil, petroleum, petrochem... More
Strong Petrochemical 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 Strong Petrochemical'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 Strong Petrochemical Holdings upside and downside potential and time the market with a certain degree of confidence.
Strong Petrochemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strong Petrochemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strong Petrochemical's standard deviation. In reality, there are many statistical measures that can use Strong Petrochemical historical prices to predict the future Strong Petrochemical's volatility.Strong Petrochemical Backtested Returns
We have found three technical indicators for Strong Petrochemical Holdings, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Strong Petrochemical are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Strong Petrochemical Holdings has perfect predictability. Overlapping area represents the amount of predictability between Strong Petrochemical time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Strong Petrochemical price movement. The serial correlation of 1.0 indicates that 100.0% of current Strong Petrochemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strong Petrochemical lagged returns against current returns
Autocorrelation, which is Strong Petrochemical 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 Strong Petrochemical's stock expected returns. We can calculate the autocorrelation of Strong Petrochemical returns to help us make a trade decision. For example, suppose you find that Strong Petrochemical 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 |
Strong Petrochemical 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 Strong Petrochemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strong Petrochemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strong Petrochemical stock over time.
Current vs Lagged Prices |
| Timeline |
Strong Petrochemical Lagged Returns
When evaluating Strong Petrochemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strong Petrochemical stock have on its future price. Strong Petrochemical 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, Strong Petrochemical autocorrelation shows the relationship between Strong Petrochemical stock current value and its past values and can show if there is a momentum factor associated with investing in Strong Petrochemical Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Strong Stock
Strong Petrochemical financial ratios help investors to determine whether Strong Stock 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 Strong with respect to the benefits of owning Strong Petrochemical security.