Shineco Stock Market Value
| SISI Stock | USD 2.47 0.15 6.47% |
| Symbol | Shineco |
Shineco Price To Book Ratio
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (171.02) | Revenue Per Share 44.227 | Quarterly Revenue Growth 13.101 | Return On Assets (0.14) | Return On Equity (0.90) |
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Shineco '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 Shineco'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 Shineco.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Shineco on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Shineco or generate 0.0% return on investment in Shineco over 720 days. Shineco is related to or competes with Campbell Soup, ConAgra Foods, Hormel Foods, Kellanova, McCormick Company, Lamb Weston, and JM Smucker. Shineco, Inc., through its subsidiaries, produces, distributes, and sells health and well-being focused plant-based prod... More
Shineco 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 Shineco'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 Shineco upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 47.97 | |||
| Value At Risk | (16.72) | |||
| Potential Upside | 11.87 |
Shineco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shineco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shineco's standard deviation. In reality, there are many statistical measures that can use Shineco historical prices to predict the future Shineco's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (2.72) | |||
| Total Risk Alpha | (3.68) | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shineco'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.
Shineco Backtested Returns
Shineco owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Shineco exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shineco's Risk Adjusted Performance of (0.18), coefficient of variation of (409.78), and Variance of 79.74 to confirm the risk estimate we provide. The entity has a beta of 4.12, 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, Shineco will likely underperform. At this point, Shineco has a negative expected return of -1.94%. Please make sure to validate Shineco's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Shineco performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Shineco has insignificant reverse predictability. Overlapping area represents the amount of predictability between Shineco time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Shineco price movement. The serial correlation of -0.17 indicates that over 17.0% of current Shineco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 493.88 |
Shineco lagged returns against current returns
Autocorrelation, which is Shineco 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 Shineco's stock expected returns. We can calculate the autocorrelation of Shineco returns to help us make a trade decision. For example, suppose you find that Shineco 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 |
Shineco 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 Shineco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shineco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shineco stock over time.
Current vs Lagged Prices |
| Timeline |
Shineco Lagged Returns
When evaluating Shineco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shineco stock have on its future price. Shineco 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, Shineco autocorrelation shows the relationship between Shineco stock current value and its past values and can show if there is a momentum factor associated with investing in Shineco.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:Check out Shineco Correlation, Shineco Volatility and Shineco Alpha and Beta module to complement your research on Shineco. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Shineco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.