Shenzhen Investment Holdings Stock Market Value
| SHIHF Stock | USD 0.22 0.01 4.76% |
| Symbol | Shenzhen |
Shenzhen Investment '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 Shenzhen Investment'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 Shenzhen Investment.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Shenzhen Investment on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Shenzhen Investment Holdings or generate 0.0% return on investment in Shenzhen Investment over 480 days. Shenzhen Investment is related to or competes with Verra Mobility, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, develops, operates, an... More
Shenzhen Investment 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 Shenzhen Investment'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 Shenzhen Investment Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1248 | |||
| Maximum Drawdown | 66.67 |
Shenzhen Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Investment's standard deviation. In reality, there are many statistical measures that can use Shenzhen Investment historical prices to predict the future Shenzhen Investment's volatility.| Risk Adjusted Performance | 0.117 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 33.57 |
Shenzhen Investment Backtested Returns
Shenzhen Investment is out of control given 3 months investment horizon. Shenzhen Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have analyze and collected data for twenty different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Shenzhen Investment Risk Adjusted Performance of 0.117, coefficient of variation of 710.78, and Variance of 67.75 to evaluate company specific risk that cannot be diversified away. Shenzhen Investment holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of 0.0342, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenzhen Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Investment is expected to be smaller as well. Use Shenzhen Investment information ratio and the relationship between the skewness and price action indicator , to analyze future returns on Shenzhen Investment.
Auto-correlation | 0.39 |
Below average predictability
Shenzhen Investment Holdings has below average predictability. Overlapping area represents the amount of predictability between Shenzhen Investment time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Shenzhen Investment price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Shenzhen Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shenzhen Investment lagged returns against current returns
Autocorrelation, which is Shenzhen Investment 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 Shenzhen Investment's pink sheet expected returns. We can calculate the autocorrelation of Shenzhen Investment returns to help us make a trade decision. For example, suppose you find that Shenzhen Investment 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 |
Shenzhen Investment 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 Shenzhen Investment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Investment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Investment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Investment Lagged Returns
When evaluating Shenzhen Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Investment pink sheet have on its future price. Shenzhen Investment 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, Shenzhen Investment autocorrelation shows the relationship between Shenzhen Investment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Investment Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shenzhen Pink Sheet
Shenzhen Investment financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Investment security.