Yunnan Bowin (China) Market Value
| 600883 Stock | 7.67 0.11 1.46% |
| Symbol | Yunnan |
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.
| 01/17/2023 |
| 12/07/2024 |
If you would invest 0.00 in Yunnan Bowin on January 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 690 days. Yunnan Bowin is related to or competes with Luyin Investment, Hainan Mining, Shandong Mining, BTG Hotels, Jiangsu Yueda, China Nonferrous, and Zhongrun Resources. 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.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.1455 | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.97 |
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.| Risk Adjusted Performance | 0.1493 | |||
| Jensen Alpha | 0.5382 | |||
| Total Risk Alpha | 0.0507 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | 2.31 |
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 0.67% is justified by implied risk. Please utilize Yunnan Bowin's Market Risk Adjusted Performance of 2.32, 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 0.25, 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 downside deviation, standard deviation, total risk alpha, as well as 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 | 0.01 |
Virtually no predictability
Yunnan Bowin Technology has virtually no predictability. Overlapping area represents the amount of predictability between Yunnan Bowin time series from 17th of January 2023 to 28th of December 2023 and 28th of December 2023 to 7th 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 0.01 indicates that just 1.0% of current Yunnan Bowin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
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 |
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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 |
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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.