Masterwork Machinery (China) Market Value

300195 Stock   6.34  0.06  0.96%   
Masterwork Machinery's market value is the price at which a share of Masterwork Machinery trades on a public exchange. It measures the collective expectations of Masterwork Machinery investors about its performance. Masterwork Machinery is trading at 6.34 as of the 23rd of December 2024, a 0.96% up since the beginning of the trading day. The stock's open price was 6.28.
With this module, you can estimate the performance of a buy and hold strategy of Masterwork Machinery and determine expected loss or profit from investing in Masterwork Machinery over a given investment horizon. Check out Masterwork Machinery Correlation, Masterwork Machinery Volatility and Masterwork Machinery Alpha and Beta module to complement your research on Masterwork Machinery.
Symbol

Please note, there is a significant difference between Masterwork Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Masterwork Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Masterwork Machinery'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.

Masterwork Machinery '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 Masterwork Machinery'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 Masterwork Machinery.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/23/2024
0.00
If you would invest  0.00  in Masterwork Machinery on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Masterwork Machinery or generate 0.0% return on investment in Masterwork Machinery over 720 days. Masterwork Machinery is related to or competes with Shenzhen Noposion, Dymatic Chemicals, Xinxiang Chemical, Guangzhou Jointas, Weichai Heavy, Allied Machinery, and Shenzhen Zhongzhuang. Masterwork Machinery is entity of China. It is traded as Stock on SHE exchange. More

Masterwork Machinery 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 Masterwork Machinery'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 Masterwork Machinery upside and downside potential and time the market with a certain degree of confidence.

Masterwork Machinery Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Masterwork Machinery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masterwork Machinery's standard deviation. In reality, there are many statistical measures that can use Masterwork Machinery historical prices to predict the future Masterwork Machinery's volatility.
Hype
Prediction
LowEstimatedHigh
1.626.5611.50
Details
Intrinsic
Valuation
LowRealHigh
0.165.1010.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Masterwork Machinery. Your research has to be compared to or analyzed against Masterwork Machinery's peers to derive any actionable benefits. When done correctly, Masterwork Machinery'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 Masterwork Machinery.

Masterwork Machinery Backtested Returns

Masterwork Machinery appears to be relatively risky, given 3 months investment horizon. Masterwork Machinery has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Masterwork Machinery's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please exercise Masterwork Machinery's Mean Deviation of 3.09, downside deviation of 4.69, and Risk Adjusted Performance of 0.1286 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Masterwork Machinery holds a performance score of 12. The company secures a Beta (Market Risk) of -0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Masterwork Machinery are expected to decrease at a much lower rate. During the bear market, Masterwork Machinery is likely to outperform the market. Please check Masterwork Machinery's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Masterwork Machinery's current price movements will revert.

Auto-correlation

    
  0.14  

Insignificant predictability

Masterwork Machinery has insignificant predictability. Overlapping area represents the amount of predictability between Masterwork Machinery time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Masterwork Machinery price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Masterwork Machinery price fluctuation can be explain by its past prices.
Correlation Coefficient0.14
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.8

Masterwork Machinery lagged returns against current returns

Autocorrelation, which is Masterwork Machinery 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 Masterwork Machinery's stock expected returns. We can calculate the autocorrelation of Masterwork Machinery returns to help us make a trade decision. For example, suppose you find that Masterwork Machinery 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  

Masterwork Machinery 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 Masterwork Machinery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masterwork Machinery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masterwork Machinery stock over time.
   Current vs Lagged Prices   
       Timeline  

Masterwork Machinery Lagged Returns

When evaluating Masterwork Machinery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masterwork Machinery stock have on its future price. Masterwork Machinery 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, Masterwork Machinery autocorrelation shows the relationship between Masterwork Machinery stock current value and its past values and can show if there is a momentum factor associated with investing in Masterwork Machinery.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Masterwork Stock

Masterwork Machinery financial ratios help investors to determine whether Masterwork 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 Masterwork with respect to the benefits of owning Masterwork Machinery security.