Emdoor Information (China) Market Value
| 001314 Stock | 51.52 1.26 2.39% |
| Symbol | Emdoor |
Emdoor Information '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 Emdoor Information'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 Emdoor Information.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Emdoor Information on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Emdoor Information Co or generate 0.0% return on investment in Emdoor Information over 720 days. Emdoor Information is related to or competes with Bank of China, Kweichow Moutai, PetroChina, Bank of Communications, Ping An, China Mobile, and Shanghai Pudong. Emdoor Information is entity of China. It is traded as Stock on SHE exchange. More
Emdoor Information 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 Emdoor Information'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 Emdoor Information Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.58 | |||
| Information Ratio | 0.1046 | |||
| Maximum Drawdown | 18.94 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 4.99 |
Emdoor Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emdoor Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Emdoor Information's standard deviation. In reality, there are many statistical measures that can use Emdoor Information historical prices to predict the future Emdoor Information's volatility.| Risk Adjusted Performance | 0.1177 | |||
| Jensen Alpha | 0.5614 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | (0.97) |
Emdoor Information Backtested Returns
Emdoor Information appears to be very steady, given 3 months investment horizon. Emdoor Information secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. By reviewing Emdoor Information's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Emdoor Information's Semi Deviation of 3.37, downside deviation of 3.58, and Mean Deviation of 2.65 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Emdoor Information holds a performance score of 12. The firm shows a Beta (market volatility) of -0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Emdoor Information are expected to decrease at a much lower rate. During the bear market, Emdoor Information is likely to outperform the market. Please check Emdoor Information's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Emdoor Information's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Emdoor Information Co has average predictability. Overlapping area represents the amount of predictability between Emdoor Information 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 Emdoor Information price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Emdoor Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 72.58 |
Emdoor Information lagged returns against current returns
Autocorrelation, which is Emdoor Information 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 Emdoor Information's stock expected returns. We can calculate the autocorrelation of Emdoor Information returns to help us make a trade decision. For example, suppose you find that Emdoor Information 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 |
Emdoor Information 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 Emdoor Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Emdoor Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Emdoor Information stock over time.
Current vs Lagged Prices |
| Timeline |
Emdoor Information Lagged Returns
When evaluating Emdoor Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Emdoor Information stock have on its future price. Emdoor Information 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, Emdoor Information autocorrelation shows the relationship between Emdoor Information stock current value and its past values and can show if there is a momentum factor associated with investing in Emdoor Information Co.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Emdoor Stock
Emdoor Information financial ratios help investors to determine whether Emdoor 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 Emdoor with respect to the benefits of owning Emdoor Information security.