Suofeiya Home (China) Market Value

002572 Stock   18.14  0.18  0.98%   
Suofeiya Home's market value is the price at which a share of Suofeiya Home trades on a public exchange. It measures the collective expectations of Suofeiya Home Collection investors about its performance. Suofeiya Home is trading at 18.14 as of the 4th of December 2024, a 0.98 percent decrease since the beginning of the trading day. The stock's open price was 18.32.
With this module, you can estimate the performance of a buy and hold strategy of Suofeiya Home Collection and determine expected loss or profit from investing in Suofeiya Home over a given investment horizon. Check out Suofeiya Home Correlation, Suofeiya Home Volatility and Suofeiya Home Alpha and Beta module to complement your research on Suofeiya Home.
Symbol

Please note, there is a significant difference between Suofeiya Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suofeiya Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suofeiya Home's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Suofeiya Home on June 7, 2024 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 180 days. Suofeiya Home is related to or competes with Heilongjiang Transport, China Aluminum, Will Semiconductor, CITIC Metal, Zhongshan Public, Hefei Metalforming, and Guangdong Jingyi. 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.

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.
Hype
Prediction
LowEstimatedHigh
14.4018.1821.96
Details
Intrinsic
Valuation
LowRealHigh
13.5017.2821.06
Details
Naive
Forecast
LowNextHigh
16.0819.8623.64
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.300.340.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Suofeiya Home. Your research has to be compared to or analyzed against Suofeiya Home's peers to derive any actionable benefits. When done correctly, Suofeiya Home's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Suofeiya Home Collection.

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 0.55% is justified by implied risk. Please review Suofeiya Home's Risk Adjusted Performance of 0.1259, coefficient of variation of 646.86, and Semi Deviation of 2.62 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 11. The entity has a beta of 0.0456, 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 information ratio, total risk alpha, and 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

    
  -0.8  

Almost perfect reverse predictability

Suofeiya Home Collection has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Suofeiya Home time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 -0.8 indicates that around 80.0% of current Suofeiya Home price fluctuation can be explain by its past prices.
Correlation Coefficient-0.8
Spearman Rank Test-0.5
Residual Average0.0
Price Variance4.78

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  

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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.