Shandong Weigao Group Stock Market Value
| SHWGF Stock | USD 0.69 0.00 0.00% |
| Symbol | Shandong |
Shandong Weigao '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 Shandong Weigao'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 Shandong Weigao.
| 10/04/2025 |
| 01/02/2026 |
If you would invest 0.00 in Shandong Weigao on October 4, 2025 and sell it all today you would earn a total of 0.00 from holding Shandong Weigao Group or generate 0.0% return on investment in Shandong Weigao over 90 days. Shandong Weigao is related to or competes with Ansell, Ansell, Medipal Holdings, MediPal Holdings, Tecan Group, Bavarian Nordic, and Bavarian Nordic. Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of s... More
Shandong Weigao 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 Shandong Weigao'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 Shandong Weigao Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.21 |
Shandong Weigao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shandong Weigao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shandong Weigao's standard deviation. In reality, there are many statistical measures that can use Shandong Weigao historical prices to predict the future Shandong Weigao's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 1.14 |
Shandong Weigao Group Backtested Returns
Shandong Weigao Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Shandong Weigao Group exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shandong Weigao's Risk Adjusted Performance of (0.08), coefficient of variation of (812.40), and Variance of 1.29 to confirm the risk estimate we provide. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shandong Weigao are expected to decrease at a much lower rate. During the bear market, Shandong Weigao is likely to outperform the market. At this point, Shandong Weigao Group has a negative expected return of -0.15%. Please make sure to validate Shandong Weigao's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Shandong Weigao Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Shandong Weigao Group has no correlation between past and present. Overlapping area represents the amount of predictability between Shandong Weigao time series from 4th of October 2025 to 18th of November 2025 and 18th of November 2025 to 2nd 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 Shandong Weigao Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Shandong Weigao price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shandong Weigao Group lagged returns against current returns
Autocorrelation, which is Shandong Weigao 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 Shandong Weigao's pink sheet expected returns. We can calculate the autocorrelation of Shandong Weigao returns to help us make a trade decision. For example, suppose you find that Shandong Weigao 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 |
Shandong Weigao 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 Shandong Weigao pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shandong Weigao pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shandong Weigao pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shandong Weigao Lagged Returns
When evaluating Shandong Weigao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shandong Weigao pink sheet have on its future price. Shandong Weigao 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, Shandong Weigao autocorrelation shows the relationship between Shandong Weigao pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shandong Weigao Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shandong Pink Sheet
Shandong Weigao financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Weigao security.