Beijing Kaiwen (China) Market Value
| 002659 Stock | 5.34 0.07 1.33% |
| Symbol | Beijing |
Beijing Kaiwen '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 Beijing Kaiwen'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 Beijing Kaiwen.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Beijing Kaiwen on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Beijing Kaiwen Education or generate 0.0% return on investment in Beijing Kaiwen over 360 days. Beijing Kaiwen is related to or competes with China Life, Cinda Securities, Dongxing Sec, Shanghai OPM, National Silicon, China Molybdenum, and VeriSilicon Microelectronics. Beijing Kaiwen is entity of China. It is traded as Stock on SHE exchange. More
Beijing Kaiwen 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 Beijing Kaiwen'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 Beijing Kaiwen Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.87 | |||
| Information Ratio | 0.1576 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 7.42 |
Beijing Kaiwen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijing Kaiwen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijing Kaiwen's standard deviation. In reality, there are many statistical measures that can use Beijing Kaiwen historical prices to predict the future Beijing Kaiwen's volatility.| Risk Adjusted Performance | 0.1528 | |||
| Jensen Alpha | 0.7315 | |||
| Total Risk Alpha | 0.1455 | |||
| Sortino Ratio | 0.1587 | |||
| Treynor Ratio | (33.29) |
Beijing Kaiwen Education Backtested Returns
Beijing Kaiwen appears to be relatively risky, given 3 months investment horizon. Beijing Kaiwen Education secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Beijing Kaiwen's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Beijing Kaiwen's Mean Deviation of 2.89, risk adjusted performance of 0.1528, and Downside Deviation of 3.87 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijing Kaiwen holds a performance score of 10. The firm shows a Beta (market volatility) of -0.0219, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beijing Kaiwen are expected to decrease at a much lower rate. During the bear market, Beijing Kaiwen is likely to outperform the market. Please check Beijing Kaiwen's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Beijing Kaiwen's price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Beijing Kaiwen Education has modest reverse predictability. Overlapping area represents the amount of predictability between Beijing Kaiwen time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Beijing Kaiwen Education price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Beijing Kaiwen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Beijing Kaiwen Education lagged returns against current returns
Autocorrelation, which is Beijing Kaiwen 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 Beijing Kaiwen's stock expected returns. We can calculate the autocorrelation of Beijing Kaiwen returns to help us make a trade decision. For example, suppose you find that Beijing Kaiwen 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 |
Beijing Kaiwen 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 Beijing Kaiwen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijing Kaiwen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijing Kaiwen stock over time.
Current vs Lagged Prices |
| Timeline |
Beijing Kaiwen Lagged Returns
When evaluating Beijing Kaiwen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijing Kaiwen stock have on its future price. Beijing Kaiwen 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, Beijing Kaiwen autocorrelation shows the relationship between Beijing Kaiwen stock current value and its past values and can show if there is a momentum factor associated with investing in Beijing Kaiwen Education.
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 Beijing Stock
Beijing Kaiwen financial ratios help investors to determine whether Beijing 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 Beijing with respect to the benefits of owning Beijing Kaiwen security.