Saurer Intelligent (China) Market Value
| 600545 Stock | 2.18 0.01 0.46% |
| Symbol | Saurer |
Saurer Intelligent '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 Saurer Intelligent'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 Saurer Intelligent.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Saurer Intelligent on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Saurer Intelligent Technology or generate 0.0% return on investment in Saurer Intelligent over 30 days. Saurer Intelligent is related to or competes with China Petroleum, PetroChina, China State, China Railway, China Railway, China Mobile, and Industrial. Saurer Intelligent is entity of China. It is traded as Stock on SHG exchange. More
Saurer Intelligent 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 Saurer Intelligent'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 Saurer Intelligent Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.1874 | |||
| Maximum Drawdown | 20.24 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 10.0 |
Saurer Intelligent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saurer Intelligent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saurer Intelligent's standard deviation. In reality, there are many statistical measures that can use Saurer Intelligent historical prices to predict the future Saurer Intelligent's volatility.| Risk Adjusted Performance | 0.1792 | |||
| Jensen Alpha | 0.8918 | |||
| Total Risk Alpha | 0.2048 | |||
| Sortino Ratio | 0.2231 | |||
| Treynor Ratio | (1.81) |
Saurer Intelligent Backtested Returns
Saurer Intelligent appears to be very risky, given 3 months investment horizon. Saurer Intelligent owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Saurer Intelligent's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review Saurer Intelligent's Risk Adjusted Performance of 0.1792, semi deviation of 2.57, and Coefficient Of Variation of 446.43 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Saurer Intelligent holds a performance score of 17. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Saurer Intelligent are expected to decrease at a much lower rate. During the bear market, Saurer Intelligent is likely to outperform the market. Please check Saurer Intelligent's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Saurer Intelligent's existing price patterns will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
Saurer Intelligent Technology has weak reverse predictability. Overlapping area represents the amount of predictability between Saurer Intelligent time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Saurer Intelligent price movement. The serial correlation of -0.22 indicates that over 22.0% of current Saurer Intelligent price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Saurer Intelligent lagged returns against current returns
Autocorrelation, which is Saurer Intelligent 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 Saurer Intelligent's stock expected returns. We can calculate the autocorrelation of Saurer Intelligent returns to help us make a trade decision. For example, suppose you find that Saurer Intelligent 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 |
Saurer Intelligent 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 Saurer Intelligent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saurer Intelligent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saurer Intelligent stock over time.
Current vs Lagged Prices |
| Timeline |
Saurer Intelligent Lagged Returns
When evaluating Saurer Intelligent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saurer Intelligent stock have on its future price. Saurer Intelligent 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, Saurer Intelligent autocorrelation shows the relationship between Saurer Intelligent stock current value and its past values and can show if there is a momentum factor associated with investing in Saurer Intelligent Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Saurer Stock
Saurer Intelligent financial ratios help investors to determine whether Saurer 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 Saurer with respect to the benefits of owning Saurer Intelligent security.