Xinhua Winshare (Germany) Market Value
| SXV Stock | EUR 1.13 0.01 0.88% |
| Symbol | Xinhua |
Xinhua Winshare '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 Xinhua Winshare'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 Xinhua Winshare.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Xinhua Winshare on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Xinhua Winshare Publishing or generate 0.0% return on investment in Xinhua Winshare over 360 days. Xinhua Winshare is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Xinhua Winshare Publishing and Media Co., Ltd More
Xinhua Winshare 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 Xinhua Winshare'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 Xinhua Winshare Publishing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.0517 | |||
| Maximum Drawdown | 21.69 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.96 |
Xinhua Winshare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xinhua Winshare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xinhua Winshare's standard deviation. In reality, there are many statistical measures that can use Xinhua Winshare historical prices to predict the future Xinhua Winshare's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 0.332 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0693 | |||
| Treynor Ratio | (0.71) |
Xinhua Winshare Publ Backtested Returns
Xinhua Winshare appears to be dangerous, given 3 months investment horizon. Xinhua Winshare Publ shows Sharpe Ratio of 0.0943, which attests that the company had a 0.0943% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xinhua Winshare Publ, which you can use to evaluate the volatility of the company. Please utilize Xinhua Winshare's Downside Deviation of 2.35, market risk adjusted performance of (0.70), and Mean Deviation of 1.92 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xinhua Winshare holds a performance score of 7. The firm maintains a market beta of -0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Xinhua Winshare are expected to decrease at a much lower rate. During the bear market, Xinhua Winshare is likely to outperform the market. Please check Xinhua Winshare's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Xinhua Winshare's historical returns will revert.
Auto-correlation | 0.50 |
Modest predictability
Xinhua Winshare Publishing has modest predictability. Overlapping area represents the amount of predictability between Xinhua Winshare time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Xinhua Winshare Publ price movement. The serial correlation of 0.5 indicates that about 50.0% of current Xinhua Winshare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Xinhua Winshare Publ lagged returns against current returns
Autocorrelation, which is Xinhua Winshare 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 Xinhua Winshare's stock expected returns. We can calculate the autocorrelation of Xinhua Winshare returns to help us make a trade decision. For example, suppose you find that Xinhua Winshare 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 |
Xinhua Winshare 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 Xinhua Winshare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xinhua Winshare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xinhua Winshare stock over time.
Current vs Lagged Prices |
| Timeline |
Xinhua Winshare Lagged Returns
When evaluating Xinhua Winshare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xinhua Winshare stock have on its future price. Xinhua Winshare 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, Xinhua Winshare autocorrelation shows the relationship between Xinhua Winshare stock current value and its past values and can show if there is a momentum factor associated with investing in Xinhua Winshare Publishing.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Xinhua Stock
Xinhua Winshare financial ratios help investors to determine whether Xinhua 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 Xinhua with respect to the benefits of owning Xinhua Winshare security.