Yunnan Bowin (China) Market Value

600883 Stock   7.67  0.11  1.46%   
Yunnan Bowin's market value is the price at which a share of Yunnan Bowin trades on a public exchange. It measures the collective expectations of Yunnan Bowin Technology investors about its performance. Yunnan Bowin is trading at 7.67 as of the 8th of December 2024, a 1.46 percent increase since the beginning of the trading day. The stock's open price was 7.56.
With this module, you can estimate the performance of a buy and hold strategy of Yunnan Bowin Technology and determine expected loss or profit from investing in Yunnan Bowin over a given investment horizon. Check out Yunnan Bowin Correlation, Yunnan Bowin Volatility and Yunnan Bowin Alpha and Beta module to complement your research on Yunnan Bowin.
Symbol

Please note, there is a significant difference between Yunnan Bowin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yunnan Bowin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yunnan Bowin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Yunnan Bowin '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 Yunnan Bowin'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 Yunnan Bowin.
0.00
07/17/2023
No Change 0.00  0.0 
In 1 year 4 months and 26 days
12/08/2024
0.00
If you would invest  0.00  in Yunnan Bowin on July 17, 2023 and sell it all today you would earn a total of 0.00 from holding Yunnan Bowin Technology or generate 0.0% return on investment in Yunnan Bowin over 510 days. Yunnan Bowin is related to or competes with Broadex Technologies, Fujian Longzhou, Longjian Road, Everdisplay Optronics, Anhui Gujing, Hainan Haiqi, and Guizhou BroadcastingTV. Yunnan Bowin is entity of China. It is traded as Stock on SHG exchange. More

Yunnan Bowin 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 Yunnan Bowin'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 Yunnan Bowin Technology upside and downside potential and time the market with a certain degree of confidence.

Yunnan Bowin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunnan Bowin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunnan Bowin's standard deviation. In reality, there are many statistical measures that can use Yunnan Bowin historical prices to predict the future Yunnan Bowin's volatility.
Hype
Prediction
LowEstimatedHigh
4.527.6710.82
Details
Intrinsic
Valuation
LowRealHigh
3.957.1010.25
Details
Naive
Forecast
LowNextHigh
4.707.8410.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.717.307.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yunnan Bowin. Your research has to be compared to or analyzed against Yunnan Bowin's peers to derive any actionable benefits. When done correctly, Yunnan Bowin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Yunnan Bowin Technology.

Yunnan Bowin Technology Backtested Returns

Yunnan Bowin appears to be slightly risky, given 3 months investment horizon. Yunnan Bowin Technology shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. By examining Yunnan Bowin's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Yunnan Bowin's Market Risk Adjusted Performance of 2.24, downside deviation of 3.25, and Mean Deviation of 2.28 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yunnan Bowin holds a performance score of 16. The firm maintains a market beta of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yunnan Bowin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yunnan Bowin is expected to be smaller as well. Please check Yunnan Bowin's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Yunnan Bowin's historical returns will revert.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Yunnan Bowin Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Yunnan Bowin time series from 17th of July 2023 to 28th of March 2024 and 28th of March 2024 to 8th 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 Yunnan Bowin Technology price movement. The serial correlation of -0.7 indicates that around 70.0% of current Yunnan Bowin price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.51

Yunnan Bowin Technology lagged returns against current returns

Autocorrelation, which is Yunnan Bowin 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 Yunnan Bowin's stock expected returns. We can calculate the autocorrelation of Yunnan Bowin returns to help us make a trade decision. For example, suppose you find that Yunnan Bowin 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  

Yunnan Bowin 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 Yunnan Bowin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunnan Bowin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunnan Bowin stock over time.
   Current vs Lagged Prices   
       Timeline  

Yunnan Bowin Lagged Returns

When evaluating Yunnan Bowin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunnan Bowin stock have on its future price. Yunnan Bowin 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, Yunnan Bowin autocorrelation shows the relationship between Yunnan Bowin stock current value and its past values and can show if there is a momentum factor associated with investing in Yunnan Bowin Technology.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Yunnan Stock

Yunnan Bowin financial ratios help investors to determine whether Yunnan 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 Yunnan with respect to the benefits of owning Yunnan Bowin security.