Tianjin Realty (China) Market Value
| 600322 Stock | 2.37 0.06 2.60% |
| Symbol | Tianjin |
Tianjin Realty '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 Tianjin Realty'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 Tianjin Realty.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Tianjin Realty on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Tianjin Realty Development or generate 0.0% return on investment in Tianjin Realty over 30 days. Tianjin Realty is related to or competes with Xinjiang Tianrun, Zhengzhou Qianweiyangchu, Jiajia Food, Guocheng Mining, Xiamen Jihong, Uroica Mining, and JCHX Mining. Tianjin Realty is entity of China. It is traded as Stock on SHG exchange. More
Tianjin Realty 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 Tianjin Realty'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 Tianjin Realty Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.84 | |||
| Information Ratio | 0.1418 | |||
| Maximum Drawdown | 20.26 | |||
| Value At Risk | (7.19) | |||
| Potential Upside | 10.11 |
Tianjin Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianjin Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianjin Realty's standard deviation. In reality, there are many statistical measures that can use Tianjin Realty historical prices to predict the future Tianjin Realty's volatility.| Risk Adjusted Performance | 0.1362 | |||
| Jensen Alpha | 0.899 | |||
| Total Risk Alpha | 0.071 | |||
| Sortino Ratio | 0.1477 | |||
| Treynor Ratio | (1.38) |
Tianjin Realty Devel Backtested Returns
Tianjin Realty is dangerous given 3 months investment horizon. Tianjin Realty Devel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% 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 1.2% are justified by taking the suggested risk. Use Tianjin Realty Devel Risk Adjusted Performance of 0.1362, semi deviation of 3.88, and Coefficient Of Variation of 600.08 to evaluate company specific risk that cannot be diversified away. Tianjin Realty holds a performance score of 18 on a scale of zero to a hundred. The entity has a beta of -0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tianjin Realty are expected to decrease at a much lower rate. During the bear market, Tianjin Realty is likely to outperform the market. Use Tianjin Realty Devel downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Tianjin Realty Devel.
Auto-correlation | 0.22 |
Weak predictability
Tianjin Realty Development has weak predictability. Overlapping area represents the amount of predictability between Tianjin Realty 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 Tianjin Realty Devel price movement. The serial correlation of 0.22 indicates that over 22.0% of current Tianjin Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Tianjin Realty Devel lagged returns against current returns
Autocorrelation, which is Tianjin Realty 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 Tianjin Realty's stock expected returns. We can calculate the autocorrelation of Tianjin Realty returns to help us make a trade decision. For example, suppose you find that Tianjin Realty 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 |
Tianjin Realty 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 Tianjin Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianjin Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianjin Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Tianjin Realty Lagged Returns
When evaluating Tianjin Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianjin Realty stock have on its future price. Tianjin Realty 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, Tianjin Realty autocorrelation shows the relationship between Tianjin Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Tianjin Realty Development.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Tianjin Stock
Tianjin Realty financial ratios help investors to determine whether Tianjin 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 Tianjin with respect to the benefits of owning Tianjin Realty security.