Shenzhen Sunlord (China) Market Value
| 002138 Stock | 32.75 0.21 0.65% |
| Symbol | Shenzhen |
Shenzhen Sunlord '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 Shenzhen Sunlord'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 Shenzhen Sunlord.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Shenzhen Sunlord on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Shenzhen Sunlord Electronics or generate 0.0% return on investment in Shenzhen Sunlord over 30 days. Shenzhen Sunlord is related to or competes with Industrial, China Construction, Agricultural Bank, Bank of China, PetroChina, China Merchants, and CNOOC. Shenzhen Sunlord is entity of China. It is traded as Stock on SHE exchange. More
Shenzhen Sunlord 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 Shenzhen Sunlord'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 Shenzhen Sunlord Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.1734 | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 5.28 |
Shenzhen Sunlord Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Sunlord's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Sunlord's standard deviation. In reality, there are many statistical measures that can use Shenzhen Sunlord historical prices to predict the future Shenzhen Sunlord's volatility.| Risk Adjusted Performance | 0.1538 | |||
| Jensen Alpha | 0.4911 | |||
| Total Risk Alpha | 0.4161 | |||
| Sortino Ratio | 0.2234 | |||
| Treynor Ratio | 12.33 |
Shenzhen Sunlord Ele Backtested Returns
Shenzhen Sunlord appears to be not too volatile, given 3 months investment horizon. Shenzhen Sunlord Ele owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Shenzhen Sunlord's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Shenzhen Sunlord's Semi Deviation of 1.7, coefficient of variation of 539.82, and Risk Adjusted Performance of 0.1538 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenzhen Sunlord holds a performance score of 15. The entity has a beta of 0.0399, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenzhen Sunlord's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Sunlord is expected to be smaller as well. Please check Shenzhen Sunlord'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 Shenzhen Sunlord's existing price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Shenzhen Sunlord Electronics has poor reverse predictability. Overlapping area represents the amount of predictability between Shenzhen Sunlord time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 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 Shenzhen Sunlord Ele price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Shenzhen Sunlord price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Shenzhen Sunlord Ele lagged returns against current returns
Autocorrelation, which is Shenzhen Sunlord 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 Shenzhen Sunlord's stock expected returns. We can calculate the autocorrelation of Shenzhen Sunlord returns to help us make a trade decision. For example, suppose you find that Shenzhen Sunlord 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 |
Shenzhen Sunlord 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 Shenzhen Sunlord stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Sunlord stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Sunlord stock over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Sunlord Lagged Returns
When evaluating Shenzhen Sunlord's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Sunlord stock have on its future price. Shenzhen Sunlord 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, Shenzhen Sunlord autocorrelation shows the relationship between Shenzhen Sunlord stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Sunlord Electronics.
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 Shenzhen Stock
Shenzhen Sunlord financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Sunlord security.