Yihai International (Germany) Market Value
| YIR Stock | EUR 1.78 0.02 1.14% |
| Symbol | Yihai |
Yihai International '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 Yihai International'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 Yihai International.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Yihai International on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Yihai International Holding or generate 0.0% return on investment in Yihai International over 480 days. Yihai International is related to or competes with Hormel Foods, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Yihai International Holding Ltd., together with its subsidiaries, researches, develops, manufactures, distributes, and s... More
Yihai International 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 Yihai International'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 Yihai International Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.1303 | |||
| Maximum Drawdown | 26.85 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 7.32 |
Yihai International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yihai International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yihai International's standard deviation. In reality, there are many statistical measures that can use Yihai International historical prices to predict the future Yihai International's volatility.| Risk Adjusted Performance | 0.1259 | |||
| Jensen Alpha | 0.5329 | |||
| Total Risk Alpha | 0.0077 | |||
| Sortino Ratio | 0.1428 | |||
| Treynor Ratio | 0.9143 |
Yihai International Backtested Returns
Yihai International appears to be very risky, given 3 months investment horizon. Yihai International shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Yihai International's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Yihai International's Downside Deviation of 3.47, mean deviation of 2.7, and Market Risk Adjusted Performance of 0.9243 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yihai International holds a performance score of 13. The firm maintains a market beta of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yihai International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yihai International is expected to be smaller as well. Please check Yihai International's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Yihai International's historical returns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Yihai International Holding has insignificant reverse predictability. Overlapping area represents the amount of predictability between Yihai International time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Yihai International price movement. The serial correlation of -0.17 indicates that over 17.0% of current Yihai International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Yihai International lagged returns against current returns
Autocorrelation, which is Yihai International 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 Yihai International's stock expected returns. We can calculate the autocorrelation of Yihai International returns to help us make a trade decision. For example, suppose you find that Yihai International 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 |
Yihai International 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 Yihai International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yihai International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yihai International stock over time.
Current vs Lagged Prices |
| Timeline |
Yihai International Lagged Returns
When evaluating Yihai International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yihai International stock have on its future price. Yihai International 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, Yihai International autocorrelation shows the relationship between Yihai International stock current value and its past values and can show if there is a momentum factor associated with investing in Yihai International Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yihai Stock
Yihai International financial ratios help investors to determine whether Yihai 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 Yihai with respect to the benefits of owning Yihai International security.