China Baoan (China) Market Value
| 000009 Stock | 9.50 0.02 0.21% |
| Symbol | China |
China Baoan '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 China Baoan'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 China Baoan.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in China Baoan on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding China Baoan Group or generate 0.0% return on investment in China Baoan over 720 days. China Baoan is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. China Baoan is entity of China. It is traded as Stock on SHE exchange. More
China Baoan 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 China Baoan'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 China Baoan Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.1012 | |||
| Maximum Drawdown | 17.01 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 7.7 |
China Baoan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Baoan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Baoan's standard deviation. In reality, there are many statistical measures that can use China Baoan historical prices to predict the future China Baoan's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.3939 | |||
| Total Risk Alpha | 0.2824 | |||
| Sortino Ratio | 0.1255 | |||
| Treynor Ratio | (0.70) |
China Baoan Group Backtested Returns
China Baoan appears to be slightly risky, given 3 months investment horizon. China Baoan Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for China Baoan Group, which you can use to evaluate the volatility of the firm. Please makes use of China Baoan's Mean Deviation of 2.64, downside deviation of 2.86, and Risk Adjusted Performance of 0.0951 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Baoan holds a performance score of 8. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning China Baoan are expected to decrease at a much lower rate. During the bear market, China Baoan is likely to outperform the market. Please check China Baoan's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether China Baoan's price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
China Baoan Group has modest predictability. Overlapping area represents the amount of predictability between China Baoan time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 China Baoan Group price movement. The serial correlation of 0.54 indicates that about 54.0% of current China Baoan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 |
China Baoan Group lagged returns against current returns
Autocorrelation, which is China Baoan 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 China Baoan's stock expected returns. We can calculate the autocorrelation of China Baoan returns to help us make a trade decision. For example, suppose you find that China Baoan 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 |
China Baoan 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 China Baoan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Baoan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Baoan stock over time.
Current vs Lagged Prices |
| Timeline |
China Baoan Lagged Returns
When evaluating China Baoan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Baoan stock have on its future price. China Baoan 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, China Baoan autocorrelation shows the relationship between China Baoan stock current value and its past values and can show if there is a momentum factor associated with investing in China Baoan Group.
Regressed Prices |
| Timeline |
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China Baoan financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Baoan security.