Shenzhen Bingchuan (China) Market Value

300533 Stock   27.08  1.63  6.40%   
Shenzhen Bingchuan's market value is the price at which a share of Shenzhen Bingchuan trades on a public exchange. It measures the collective expectations of Shenzhen Bingchuan Network investors about its performance. Shenzhen Bingchuan is trading at 27.08 as of the 14th of December 2024, a 6.40 percent increase since the beginning of the trading day. The stock's open price was 25.45.
With this module, you can estimate the performance of a buy and hold strategy of Shenzhen Bingchuan Network and determine expected loss or profit from investing in Shenzhen Bingchuan over a given investment horizon. Check out Shenzhen Bingchuan Correlation, Shenzhen Bingchuan Volatility and Shenzhen Bingchuan Alpha and Beta module to complement your research on Shenzhen Bingchuan.
Symbol

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

Shenzhen Bingchuan '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 Shenzhen Bingchuan'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 Shenzhen Bingchuan.
0.00
11/14/2024
No Change 0.00  0.0 
In 31 days
12/14/2024
0.00
If you would invest  0.00  in Shenzhen Bingchuan on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Shenzhen Bingchuan Network or generate 0.0% return on investment in Shenzhen Bingchuan over 30 days. Shenzhen Bingchuan is related to or competes with Sino Platinum, CIMC Vehicles, Rising Nonferrous, Pengxin International, Dongfeng Automobile, and Zhejiang Yayi. Shenzhen Bingchuan is entity of China. It is traded as Stock on SHE exchange. More

Shenzhen Bingchuan 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 Shenzhen Bingchuan'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 Shenzhen Bingchuan Network upside and downside potential and time the market with a certain degree of confidence.

Shenzhen Bingchuan Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Bingchuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Bingchuan's standard deviation. In reality, there are many statistical measures that can use Shenzhen Bingchuan historical prices to predict the future Shenzhen Bingchuan's volatility.
Hype
Prediction
LowEstimatedHigh
24.0129.0134.01
Details
Intrinsic
Valuation
LowRealHigh
17.1322.1327.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shenzhen Bingchuan. Your research has to be compared to or analyzed against Shenzhen Bingchuan's peers to derive any actionable benefits. When done correctly, Shenzhen Bingchuan'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 Shenzhen Bingchuan.

Shenzhen Bingchuan Backtested Returns

Shenzhen Bingchuan is not too volatile given 3 months investment horizon. Shenzhen Bingchuan owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Shenzhen Bingchuan Coefficient Of Variation of 404.24, risk adjusted performance of 0.1878, and Semi Deviation of 4.1 to evaluate company specific risk that cannot be diversified away. Shenzhen Bingchuan holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shenzhen Bingchuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Bingchuan is expected to be smaller as well. Use Shenzhen Bingchuan market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Shenzhen Bingchuan.

Auto-correlation

    
  0.85  

Very good predictability

Shenzhen Bingchuan Network has very good predictability. Overlapping area represents the amount of predictability between Shenzhen Bingchuan time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Shenzhen Bingchuan price movement. The serial correlation of 0.85 indicates that around 85.0% of current Shenzhen Bingchuan price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.92
Residual Average0.0
Price Variance1.44

Shenzhen Bingchuan lagged returns against current returns

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

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

Shenzhen Bingchuan Lagged Returns

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

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Other Information on Investing in Shenzhen Stock

Shenzhen Bingchuan financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Bingchuan security.