Zhongsheng Group Holdings Stock Market Value
| ZSHGY Stock | USD 16.71 0.54 3.34% |
| Symbol | Zhongsheng |
Zhongsheng Group '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 Zhongsheng Group'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 Zhongsheng Group.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Zhongsheng Group on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Zhongsheng Group Holdings or generate 0.0% return on investment in Zhongsheng Group over 30 days. Zhongsheng Group is related to or competes with Carvana, Golar LNG, Veeva Systems, BRISTOL, Cracker Barrel, Dillards, and Doximity. Zhongsheng Group Holdings Limited, an investment holding company, engages in the sale and service of motor vehicles More
Zhongsheng Group 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 Zhongsheng Group'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 Zhongsheng Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.73 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 51.05 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 6.38 |
Zhongsheng Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhongsheng Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhongsheng Group's standard deviation. In reality, there are many statistical measures that can use Zhongsheng Group historical prices to predict the future Zhongsheng Group's volatility.| Risk Adjusted Performance | 0.0407 | |||
| Jensen Alpha | 0.1927 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | (1.63) |
Zhongsheng Group Holdings Backtested Returns
Zhongsheng Group appears to be somewhat reliable, given 3 months investment horizon. Zhongsheng Group Holdings shows Sharpe Ratio of 0.0595, which attests that the company had a 0.0595 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Zhongsheng Group Holdings, which you can use to evaluate the volatility of the company. Please utilize Zhongsheng Group's Mean Deviation of 1.66, downside deviation of 8.73, and Market Risk Adjusted Performance of (1.62) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zhongsheng Group holds a performance score of 4. The firm maintains a market beta of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zhongsheng Group are expected to decrease at a much lower rate. During the bear market, Zhongsheng Group is likely to outperform the market. Please check Zhongsheng Group's total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to make a quick decision on whether Zhongsheng Group's historical returns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Zhongsheng Group Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Zhongsheng Group time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Zhongsheng Group Holdings price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Zhongsheng Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Zhongsheng Group Holdings lagged returns against current returns
Autocorrelation, which is Zhongsheng Group 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 Zhongsheng Group's pink sheet expected returns. We can calculate the autocorrelation of Zhongsheng Group returns to help us make a trade decision. For example, suppose you find that Zhongsheng Group 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 |
Zhongsheng Group 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 Zhongsheng Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhongsheng Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhongsheng Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Zhongsheng Group Lagged Returns
When evaluating Zhongsheng Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhongsheng Group pink sheet have on its future price. Zhongsheng Group 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, Zhongsheng Group autocorrelation shows the relationship between Zhongsheng Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Zhongsheng Group Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Zhongsheng Pink Sheet Analysis
When running Zhongsheng Group's price analysis, check to measure Zhongsheng Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zhongsheng Group is operating at the current time. Most of Zhongsheng Group's value examination focuses on studying past and present price action to predict the probability of Zhongsheng Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhongsheng Group's price. Additionally, you may evaluate how the addition of Zhongsheng Group to your portfolios can decrease your overall portfolio volatility.