Kweichow Moutai (China) Market Value
| 600519 Stock | 1,518 1.05 0.07% |
| Symbol | Kweichow |
Kweichow Moutai '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 Kweichow Moutai'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 Kweichow Moutai.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Kweichow Moutai on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kweichow Moutai Co or generate 0.0% return on investment in Kweichow Moutai over 180 days. Kweichow Moutai is related to or competes with Nanjing Medlander, Changjiang Jinggong, City Development, Double Medical, Peoples Insurance, Kontour Medical, and Beijing SPC. Kweichow Moutai is entity of China. It is traded as Stock on SHG exchange. More
Kweichow Moutai 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 Kweichow Moutai'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 Kweichow Moutai Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.0021 | |||
| Maximum Drawdown | 16.71 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 6.55 |
Kweichow Moutai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kweichow Moutai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kweichow Moutai's standard deviation. In reality, there are many statistical measures that can use Kweichow Moutai historical prices to predict the future Kweichow Moutai's volatility.| Risk Adjusted Performance | 0.0446 | |||
| Jensen Alpha | 0.1799 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0027 | |||
| Treynor Ratio | (0.24) |
Kweichow Moutai Backtested Returns
At this point, Kweichow Moutai is very steady. Kweichow Moutai has Sharpe Ratio of 0.0444, which conveys that the firm had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Kweichow Moutai, which you can use to evaluate the volatility of the firm. Please verify Kweichow Moutai's Downside Deviation of 2.04, risk adjusted performance of 0.0446, and Mean Deviation of 1.69 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Kweichow Moutai has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kweichow Moutai are expected to decrease at a much lower rate. During the bear market, Kweichow Moutai is likely to outperform the market. Kweichow Moutai right now secures a risk of 2.83%. Please verify Kweichow Moutai Co market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Kweichow Moutai Co will be following its current price movements.
Auto-correlation | -0.49 |
Modest reverse predictability
Kweichow Moutai Co has modest reverse predictability. Overlapping area represents the amount of predictability between Kweichow Moutai time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Kweichow Moutai price movement. The serial correlation of -0.49 indicates that about 49.0% of current Kweichow Moutai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 12.2 K |
Kweichow Moutai lagged returns against current returns
Autocorrelation, which is Kweichow Moutai 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 Kweichow Moutai's stock expected returns. We can calculate the autocorrelation of Kweichow Moutai returns to help us make a trade decision. For example, suppose you find that Kweichow Moutai 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 |
Kweichow Moutai 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 Kweichow Moutai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kweichow Moutai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kweichow Moutai stock over time.
Current vs Lagged Prices |
| Timeline |
Kweichow Moutai Lagged Returns
When evaluating Kweichow Moutai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kweichow Moutai stock have on its future price. Kweichow Moutai 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, Kweichow Moutai autocorrelation shows the relationship between Kweichow Moutai stock current value and its past values and can show if there is a momentum factor associated with investing in Kweichow Moutai Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kweichow Stock
Kweichow Moutai financial ratios help investors to determine whether Kweichow 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 Kweichow with respect to the benefits of owning Kweichow Moutai security.