Lotus Health (China) Market Value
| 600186 Stock | 5.30 0.05 0.95% |
| Symbol | Lotus |
Lotus Health '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 Lotus Health'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 Lotus Health.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Lotus Health on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lotus Health Group or generate 0.0% return on investment in Lotus Health over 30 days. Lotus Health is related to or competes with Lutian Machinery, PetroChina, Bank of China, Gansu Jiu, Ming Yang, Aba Chemicals, and Inner Mongolia. Lotus Health is entity of China. It is traded as Stock on SHG exchange. More
Lotus Health 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 Lotus Health'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 Lotus Health Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | 0.212 | |||
| Maximum Drawdown | 19.81 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 6.17 |
Lotus Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lotus Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lotus Health's standard deviation. In reality, there are many statistical measures that can use Lotus Health historical prices to predict the future Lotus Health's volatility.| Risk Adjusted Performance | 0.1985 | |||
| Jensen Alpha | 0.8263 | |||
| Total Risk Alpha | 0.3232 | |||
| Sortino Ratio | 0.2137 | |||
| Treynor Ratio | 14.9 |
Lotus Health Group Backtested Returns
Lotus Health appears to be moderately volatile, given 3 months investment horizon. Lotus Health Group has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Lotus Health's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please exercise Lotus Health's Risk Adjusted Performance of 0.1985, mean deviation of 2.55, and Downside Deviation of 3.36 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lotus Health holds a performance score of 20. The company secures a Beta (Market Risk) of 0.0559, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lotus Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lotus Health is expected to be smaller as well. Please check Lotus Health'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 Lotus Health's current price movements will revert.
Auto-correlation | 0.57 |
Modest predictability
Lotus Health Group has modest predictability. Overlapping area represents the amount of predictability between Lotus Health time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Lotus Health Group price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Lotus Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Lotus Health Group lagged returns against current returns
Autocorrelation, which is Lotus Health 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 Lotus Health's stock expected returns. We can calculate the autocorrelation of Lotus Health returns to help us make a trade decision. For example, suppose you find that Lotus Health 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 |
Lotus Health 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 Lotus Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lotus Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lotus Health stock over time.
Current vs Lagged Prices |
| Timeline |
Lotus Health Lagged Returns
When evaluating Lotus Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lotus Health stock have on its future price. Lotus Health 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, Lotus Health autocorrelation shows the relationship between Lotus Health stock current value and its past values and can show if there is a momentum factor associated with investing in Lotus Health Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lotus Stock
Lotus Health financial ratios help investors to determine whether Lotus 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 Lotus with respect to the benefits of owning Lotus Health security.