Suofeiya Home (China) Market Value
| 002572 Stock | 17.61 0.06 0.34% |
| Symbol | Suofeiya |
Suofeiya Home '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 Suofeiya Home'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 Suofeiya Home.
| 06/17/2023 |
| 12/08/2024 |
If you would invest 0.00 in Suofeiya Home on June 17, 2023 and sell it all today you would earn a total of 0.00 from holding Suofeiya Home Collection or generate 0.0% return on investment in Suofeiya Home over 540 days. Suofeiya Home is related to or competes with HengFeng Information, Zhuhai Comleader, State Grid, Digital China, Westone Information, and Fujian Nanwang. Suofeiya Home is entity of China. It is traded as Stock on SHE exchange. More
Suofeiya Home 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 Suofeiya Home'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 Suofeiya Home Collection upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | 0.101 | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 7.72 |
Suofeiya Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suofeiya Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suofeiya Home's standard deviation. In reality, there are many statistical measures that can use Suofeiya Home historical prices to predict the future Suofeiya Home's volatility.| Risk Adjusted Performance | 0.1117 | |||
| Jensen Alpha | 0.466 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1265 | |||
| Treynor Ratio | 2.19 |
Suofeiya Home Collection Backtested Returns
Suofeiya Home appears to be not too volatile, given 3 months investment horizon. Suofeiya Home Collection owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Suofeiya Home's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Suofeiya Home's Semi Deviation of 2.47, risk adjusted performance of 0.1117, and Coefficient Of Variation of 714.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Suofeiya Home holds a performance score of 12. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Suofeiya Home's returns are expected to increase less than the market. However, during the bear market, the loss of holding Suofeiya Home is expected to be smaller as well. Please check Suofeiya Home's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Suofeiya Home's existing price patterns will revert.
Auto-correlation | 0.07 |
Virtually no predictability
Suofeiya Home Collection has virtually no predictability. Overlapping area represents the amount of predictability between Suofeiya Home time series from 17th of June 2023 to 13th of March 2024 and 13th of March 2024 to 8th 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 Suofeiya Home Collection price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Suofeiya Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 3.86 |
Suofeiya Home Collection lagged returns against current returns
Autocorrelation, which is Suofeiya Home 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 Suofeiya Home's stock expected returns. We can calculate the autocorrelation of Suofeiya Home returns to help us make a trade decision. For example, suppose you find that Suofeiya Home 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 |
Suofeiya Home 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 Suofeiya Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suofeiya Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suofeiya Home stock over time.
Current vs Lagged Prices |
| Timeline |
Suofeiya Home Lagged Returns
When evaluating Suofeiya Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suofeiya Home stock have on its future price. Suofeiya Home 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, Suofeiya Home autocorrelation shows the relationship between Suofeiya Home stock current value and its past values and can show if there is a momentum factor associated with investing in Suofeiya Home Collection.
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 Suofeiya Stock
Suofeiya Home financial ratios help investors to determine whether Suofeiya 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 Suofeiya with respect to the benefits of owning Suofeiya Home security.