Lushang Property (China) Market Value
| 600223 Stock | 7.14 0.13 1.85% |
| Symbol | Lushang |
Lushang Property '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 Lushang Property'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 Lushang Property.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Lushang Property on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Lushang Property Co or generate 0.0% return on investment in Lushang Property over 30 days. Lushang Property is related to or competes with Aofu Environmental, Allied Machinery, Shenzhen Zhongzhuang, Changjiang Jinggong, Central Plains, Beijing SPC, and Shaanxi Construction. Lushang Property is entity of China. It is traded as Stock on SHG exchange. More
Lushang Property 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 Lushang Property'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 Lushang Property Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.77 | |||
| Information Ratio | 0.0404 | |||
| Maximum Drawdown | 16.41 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 4.58 |
Lushang Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lushang Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lushang Property's standard deviation. In reality, there are many statistical measures that can use Lushang Property historical prices to predict the future Lushang Property's volatility.| Risk Adjusted Performance | 0.0783 | |||
| Jensen Alpha | 0.2218 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 2.72 |
Lushang Property Backtested Returns
Lushang Property appears to be somewhat reliable, given 3 months investment horizon. Lushang Property has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lushang Property, which you can use to evaluate the volatility of the firm. Please exercise Lushang Property's Risk Adjusted Performance of 0.0783, downside deviation of 2.77, and Mean Deviation of 1.86 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lushang Property holds a performance score of 8. The company secures a Beta (Market Risk) of 0.0856, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lushang Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lushang Property is expected to be smaller as well. Please check Lushang Property'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 Lushang Property's current price movements will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Lushang Property Co has poor reverse predictability. Overlapping area represents the amount of predictability between Lushang Property time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Lushang Property price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Lushang Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lushang Property lagged returns against current returns
Autocorrelation, which is Lushang Property 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 Lushang Property's stock expected returns. We can calculate the autocorrelation of Lushang Property returns to help us make a trade decision. For example, suppose you find that Lushang Property 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 |
Lushang Property 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 Lushang Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lushang Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lushang Property stock over time.
Current vs Lagged Prices |
| Timeline |
Lushang Property Lagged Returns
When evaluating Lushang Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lushang Property stock have on its future price. Lushang Property 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, Lushang Property autocorrelation shows the relationship between Lushang Property stock current value and its past values and can show if there is a momentum factor associated with investing in Lushang Property Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lushang Stock
Lushang Property financial ratios help investors to determine whether Lushang 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 Lushang with respect to the benefits of owning Lushang Property security.