Fujian Green (China) Market Value
| 300132 Stock | 5.17 0.01 0.19% |
| Symbol | Fujian |
Fujian Green '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 Fujian Green'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 Fujian Green.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Fujian Green on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fujian Green Pine or generate 0.0% return on investment in Fujian Green over 30 days. Fujian Green is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, and Jiangxi Ganfeng. Fujian Green is entity of China. It is traded as Stock on SHE exchange. More
Fujian Green 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 Fujian Green'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 Fujian Green Pine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.4 | |||
| Information Ratio | 0.1656 | |||
| Maximum Drawdown | 25.77 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 5.79 |
Fujian Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fujian Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fujian Green's standard deviation. In reality, there are many statistical measures that can use Fujian Green historical prices to predict the future Fujian Green's volatility.| Risk Adjusted Performance | 0.1511 | |||
| Jensen Alpha | 0.6587 | |||
| Total Risk Alpha | 0.4406 | |||
| Sortino Ratio | 0.1742 | |||
| Treynor Ratio | (1.18) |
Fujian Green Pine Backtested Returns
Fujian Green appears to be moderately volatile, given 3 months investment horizon. Fujian Green Pine secures Sharpe Ratio (or Efficiency) of 0.0721, which denotes the company had a 0.0721% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fujian Green Pine, which you can use to evaluate the volatility of the firm. Please utilize Fujian Green's Downside Deviation of 3.4, mean deviation of 2.55, and Coefficient Of Variation of 553.93 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fujian Green holds a performance score of 5. The firm shows a Beta (market volatility) of -0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fujian Green are expected to decrease at a much lower rate. During the bear market, Fujian Green is likely to outperform the market. Please check Fujian Green's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Fujian Green's price patterns will revert.
Auto-correlation | -0.95 |
Near perfect reversele predictability
Fujian Green Pine has near perfect reversele predictability. Overlapping area represents the amount of predictability between Fujian Green time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Fujian Green Pine price movement. The serial correlation of -0.95 indicates that approximately 95.0% of current Fujian Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.95 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Fujian Green Pine lagged returns against current returns
Autocorrelation, which is Fujian Green 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 Fujian Green's stock expected returns. We can calculate the autocorrelation of Fujian Green returns to help us make a trade decision. For example, suppose you find that Fujian Green 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 |
Fujian Green 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 Fujian Green stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fujian Green stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fujian Green stock over time.
Current vs Lagged Prices |
| Timeline |
Fujian Green Lagged Returns
When evaluating Fujian Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fujian Green stock have on its future price. Fujian Green 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, Fujian Green autocorrelation shows the relationship between Fujian Green stock current value and its past values and can show if there is a momentum factor associated with investing in Fujian Green Pine.
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 Fujian Stock
Fujian Green financial ratios help investors to determine whether Fujian 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 Fujian with respect to the benefits of owning Fujian Green security.