Mango Excellent (China) Market Value
| 300413 Stock | 28.82 0.18 0.63% |
| Symbol | Mango |
Mango Excellent '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 Mango Excellent'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 Mango Excellent.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Mango Excellent on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Mango Excellent Media or generate 0.0% return on investment in Mango Excellent over 540 days. Mango Excellent is related to or competes with China State, China Merchants, Huafa Industrial, China International, Kweichow Moutai, and Contemporary Amperex. Mango Excellent is entity of China. It is traded as Stock on SHE exchange. More
Mango Excellent 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 Mango Excellent'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 Mango Excellent Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.05 | |||
| Information Ratio | 0.1183 | |||
| Maximum Drawdown | 30.55 | |||
| Value At Risk | (4.89) | |||
| Potential Upside | 6.61 |
Mango Excellent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mango Excellent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mango Excellent's standard deviation. In reality, there are many statistical measures that can use Mango Excellent historical prices to predict the future Mango Excellent's volatility.| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.6316 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1217 | |||
| Treynor Ratio | (3.00) |
Mango Excellent Media Backtested Returns
Mango Excellent appears to be not too volatile, given 3 months investment horizon. Mango Excellent Media has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Mango Excellent's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please exercise Mango Excellent's Mean Deviation of 2.85, downside deviation of 4.05, and Risk Adjusted Performance of 0.1219 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mango Excellent holds a performance score of 15. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mango Excellent are expected to decrease at a much lower rate. During the bear market, Mango Excellent is likely to outperform the market. Please check Mango Excellent's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Mango Excellent's current price movements will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Mango Excellent Media has very weak reverse predictability. Overlapping area represents the amount of predictability between Mango Excellent time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Mango Excellent Media price movement. The serial correlation of -0.02 indicates that only 2.0% of current Mango Excellent price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 8.04 |
Mango Excellent Media lagged returns against current returns
Autocorrelation, which is Mango Excellent 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 Mango Excellent's stock expected returns. We can calculate the autocorrelation of Mango Excellent returns to help us make a trade decision. For example, suppose you find that Mango Excellent 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 |
Mango Excellent 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 Mango Excellent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mango Excellent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mango Excellent stock over time.
Current vs Lagged Prices |
| Timeline |
Mango Excellent Lagged Returns
When evaluating Mango Excellent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mango Excellent stock have on its future price. Mango Excellent 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, Mango Excellent autocorrelation shows the relationship between Mango Excellent stock current value and its past values and can show if there is a momentum factor associated with investing in Mango Excellent Media.
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 Mango Stock
Mango Excellent financial ratios help investors to determine whether Mango 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 Mango with respect to the benefits of owning Mango Excellent security.