Der International (China) Market Value
| 002631 Stock | 4.75 0.43 9.95% |
| Symbol | Der |
Der International '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 Der International'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 Der International.
| 07/08/2023 |
| 12/29/2024 |
If you would invest 0.00 in Der International on July 8, 2023 and sell it all today you would earn a total of 0.00 from holding Der International Home or generate 0.0% return on investment in Der International over 540 days. Der International is related to or competes with Kweichow Moutai, Contemporary Amperex, G Bits, BYD Co, Beijing Roborock, Anhui Gujing, and Anhui Gujing. Der International is entity of China. It is traded as Stock on SHE exchange. More
Der International 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 Der International'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 Der International Home upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.02 | |||
| Information Ratio | 0.0945 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 9.94 |
Der International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Der International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Der International's standard deviation. In reality, there are many statistical measures that can use Der International historical prices to predict the future Der International's volatility.| Risk Adjusted Performance | 0.0898 | |||
| Jensen Alpha | 0.3911 | |||
| Total Risk Alpha | 0.2829 | |||
| Sortino Ratio | 0.092 | |||
| Treynor Ratio | 13.24 |
Der International Home Backtested Returns
At this point, Der International is relatively risky. Der International Home secures Sharpe Ratio (or Efficiency) of 0.0139, which denotes the company had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Der International Home, which you can use to evaluate the volatility of the firm. Please confirm Der International's Coefficient Of Variation of 973.66, downside deviation of 4.02, and Mean Deviation of 2.81 to check if the risk estimate we provide is consistent with the expected return of 0.0525%. Der International has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0296, which means not very significant fluctuations relative to the market. As returns on the market increase, Der International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Der International is expected to be smaller as well. Der International Home right now shows a risk of 3.76%. Please confirm Der International Home jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Der International Home will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Der International Home has very good reverse predictability. Overlapping area represents the amount of predictability between Der International time series from 8th of July 2023 to 3rd of April 2024 and 3rd of April 2024 to 29th 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 Der International Home price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Der International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Der International Home lagged returns against current returns
Autocorrelation, which is Der International 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 Der International's stock expected returns. We can calculate the autocorrelation of Der International returns to help us make a trade decision. For example, suppose you find that Der International 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 |
Der International 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 Der International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Der International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Der International stock over time.
Current vs Lagged Prices |
| Timeline |
Der International Lagged Returns
When evaluating Der International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Der International stock have on its future price. Der International 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, Der International autocorrelation shows the relationship between Der International stock current value and its past values and can show if there is a momentum factor associated with investing in Der International Home.
Regressed Prices |
| Timeline |
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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 Der Stock
Der International financial ratios help investors to determine whether Der 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 Der with respect to the benefits of owning Der International security.