Shenzhen Investment (Germany) Market Value
| SHS Stock | EUR 0.09 0 1.11% |
| 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 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 Shenzhen Investment.
| 02/05/2023 |
| 01/25/2025 |
If you would invest 0.00 in Shenzhen Investment on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Shenzhen Investment Limited or generate 0.0% return on investment in Shenzhen Investment over 720 days. Shenzhen Investment is related to or competes with China Overseas, Mitsui Fudosan, Sino Land, and Hongkong Land. Shenzhen Investment Limited, together with its subsidiaries, invests in, develops, and manages real estate properties in... 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 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 Shenzhen Investment Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 40.18 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.55 |
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 | 0.0116 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0066 |
Shenzhen Investment Backtested Returns
Shenzhen Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0257, which indicates the firm had a -0.0257 % return per unit of risk over the last 3 months. Shenzhen Investment Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenzhen Investment's Coefficient Of Variation of 28221.78, risk adjusted performance of 0.0116, and Semi Deviation of 4.88 to confirm the risk estimate we provide. The entity has a beta of 1.79, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shenzhen Investment will likely underperform. At this point, Shenzhen Investment has a negative expected return of -0.16%. Please make sure to validate Shenzhen Investment's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Shenzhen Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Shenzhen Investment Limited has insignificant predictability. Overlapping area represents the amount of predictability between Shenzhen Investment time series from 5th of February 2023 to 31st of January 2024 and 31st of January 2024 to 25th 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 Shenzhen Investment price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Shenzhen Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shenzhen Investment lagged returns against current returns
Autocorrelation, which is Shenzhen Investment 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 Shenzhen Investment's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Investment stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Investment Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shenzhen Stock
Shenzhen Investment financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Investment security.