Time Publishing (China) Market Value
| 600551 Stock | 9.15 0.25 2.81% |
| Symbol | Time |
Time Publishing '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 Time Publishing'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 Time Publishing.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Time Publishing on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Time Publishing and or generate 0.0% return on investment in Time Publishing over 180 days. Time Publishing is related to or competes with Gansu Jiu, Ming Yang, Aba Chemicals, Loctek Ergonomic, Queclink Wireless, Changchun Faway, and Shandong Ruifeng. Time Publishing is entity of China. It is traded as Stock on SHG exchange. More
Time Publishing 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 Time Publishing'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 Time Publishing and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 3.13 |
Time Publishing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Time Publishing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Time Publishing's standard deviation. In reality, there are many statistical measures that can use Time Publishing historical prices to predict the future Time Publishing's volatility.| Risk Adjusted Performance | 0.0856 | |||
| Jensen Alpha | 0.2496 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0363 | |||
| Treynor Ratio | (0.99) |
Time Publishing Backtested Returns
Time Publishing appears to be somewhat reliable, given 3 months investment horizon. Time Publishing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.091, which indicates the firm had a 0.091% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Time Publishing and, which you can use to evaluate the volatility of the company. Please review Time Publishing's Risk Adjusted Performance of 0.0856, semi deviation of 2.3, and Coefficient Of Variation of 967.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Time Publishing holds a performance score of 7. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Time Publishing are expected to decrease at a much lower rate. During the bear market, Time Publishing is likely to outperform the market. Please check Time Publishing's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Time Publishing's existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Time Publishing and has below average predictability. Overlapping area represents the amount of predictability between Time Publishing time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 Time Publishing price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Time Publishing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Time Publishing lagged returns against current returns
Autocorrelation, which is Time Publishing 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 Time Publishing's stock expected returns. We can calculate the autocorrelation of Time Publishing returns to help us make a trade decision. For example, suppose you find that Time Publishing 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 |
Time Publishing 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 Time Publishing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Time Publishing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Time Publishing stock over time.
Current vs Lagged Prices |
| Timeline |
Time Publishing Lagged Returns
When evaluating Time Publishing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Time Publishing stock have on its future price. Time Publishing 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, Time Publishing autocorrelation shows the relationship between Time Publishing stock current value and its past values and can show if there is a momentum factor associated with investing in Time Publishing and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Time Stock
Time Publishing financial ratios help investors to determine whether Time 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 Time with respect to the benefits of owning Time Publishing security.