Talkweb Information (China) Market Value
| 002261 Stock | 18.91 0.73 3.72% |
| Symbol | Talkweb |
Talkweb 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 Talkweb 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 Talkweb Information.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Talkweb Information on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Talkweb Information System or generate 0.0% return on investment in Talkweb Information over 720 days. Talkweb Information is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. Talkweb Information is entity of China. It is traded as Stock on SHE exchange. More
Talkweb 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 Talkweb 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 Talkweb Information System upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.1507 | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (6.28) | |||
| Potential Upside | 10.0 |
Talkweb Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Talkweb Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Talkweb Information's standard deviation. In reality, there are many statistical measures that can use Talkweb Information historical prices to predict the future Talkweb Information's volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 0.7681 | |||
| Total Risk Alpha | 0.5547 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | (9.29) |
Talkweb Information Backtested Returns
Talkweb Information appears to be somewhat reliable, given 3 months investment horizon. Talkweb Information owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. By inspecting Talkweb Information's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Talkweb Information's Risk Adjusted Performance of 0.1362, semi deviation of 3.41, and Coefficient Of Variation of 625.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Talkweb Information holds a performance score of 9. The entity has a beta of -0.0824, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Talkweb Information are expected to decrease at a much lower rate. During the bear market, Talkweb Information is likely to outperform the market. Please check Talkweb Information's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Talkweb Information's existing price patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Talkweb Information System has insignificant predictability. Overlapping area represents the amount of predictability between Talkweb Information time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Talkweb Information price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Talkweb Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 19.98 |
Talkweb Information lagged returns against current returns
Autocorrelation, which is Talkweb 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 Talkweb Information's stock expected returns. We can calculate the autocorrelation of Talkweb Information returns to help us make a trade decision. For example, suppose you find that Talkweb 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 |
Talkweb 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 Talkweb Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Talkweb Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Talkweb Information stock over time.
Current vs Lagged Prices |
| Timeline |
Talkweb Information Lagged Returns
When evaluating Talkweb Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Talkweb Information stock have on its future price. Talkweb 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, Talkweb Information autocorrelation shows the relationship between Talkweb Information stock current value and its past values and can show if there is a momentum factor associated with investing in Talkweb Information System.
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 Talkweb Stock
Talkweb Information financial ratios help investors to determine whether Talkweb 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 Talkweb with respect to the benefits of owning Talkweb Information security.