Shandong Sanyuan (China) Market Value
| 301206 Stock | 28.12 0.09 0.32% |
| Symbol | Shandong |
Shandong Sanyuan '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 Shandong Sanyuan'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 Shandong Sanyuan.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Shandong Sanyuan on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Shandong Sanyuan Biotechnology or generate 0.0% return on investment in Shandong Sanyuan over 720 days. Shandong Sanyuan is related to or competes with Poly Real, China Vanke, China Merchants, Huafa Industrial, China International, Kweichow Moutai, and Xiamen CD. Shandong Sanyuan is entity of China. It is traded as Stock on SHE exchange. More
Shandong Sanyuan 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 Shandong Sanyuan'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 Shandong Sanyuan Biotechnology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 21.12 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 4.42 |
Shandong Sanyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shandong Sanyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shandong Sanyuan's standard deviation. In reality, there are many statistical measures that can use Shandong Sanyuan historical prices to predict the future Shandong Sanyuan's volatility.| Risk Adjusted Performance | 0.0886 | |||
| Jensen Alpha | 0.2647 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | 2.05 |
Shandong Sanyuan Bio Backtested Returns
Shandong Sanyuan appears to be very steady, given 3 months investment horizon. Shandong Sanyuan Bio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0841, which indicates the firm had a 0.0841% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shandong Sanyuan Biotechnology, which you can use to evaluate the volatility of the company. Please review Shandong Sanyuan's Semi Deviation of 2.3, risk adjusted performance of 0.0886, and Coefficient Of Variation of 937.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shandong Sanyuan holds a performance score of 6. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shandong Sanyuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shandong Sanyuan is expected to be smaller as well. Please check Shandong Sanyuan's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Shandong Sanyuan's existing price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Shandong Sanyuan Biotechnology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Shandong Sanyuan time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Shandong Sanyuan Bio price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Shandong Sanyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 3.75 |
Shandong Sanyuan Bio lagged returns against current returns
Autocorrelation, which is Shandong Sanyuan 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 Shandong Sanyuan's stock expected returns. We can calculate the autocorrelation of Shandong Sanyuan returns to help us make a trade decision. For example, suppose you find that Shandong Sanyuan 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 |
Shandong Sanyuan 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 Shandong Sanyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shandong Sanyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shandong Sanyuan stock over time.
Current vs Lagged Prices |
| Timeline |
Shandong Sanyuan Lagged Returns
When evaluating Shandong Sanyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shandong Sanyuan stock have on its future price. Shandong Sanyuan 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, Shandong Sanyuan autocorrelation shows the relationship between Shandong Sanyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Shandong Sanyuan Biotechnology.
Regressed Prices |
| Timeline |
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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 Shandong Stock
Shandong Sanyuan financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Sanyuan security.