Inner Mongolia (China) Market Value
| 601216 Stock | 5.50 0.04 0.73% |
| Symbol | Inner |
Inner Mongolia '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 Inner Mongolia'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 Inner Mongolia.
| 07/08/2023 |
| 12/29/2024 |
If you would invest 0.00 in Inner Mongolia on July 8, 2023 and sell it all today you would earn a total of 0.00 from holding Inner Mongolia Junzheng or generate 0.0% return on investment in Inner Mongolia over 540 days. Inner Mongolia is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Inner Mongolia, Jiangxi Ganfeng, and Hoshine Silicon. Inner Mongolia is entity of China. It is traded as Stock on SHG exchange. More
Inner Mongolia 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 Inner Mongolia'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 Inner Mongolia Junzheng upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.1514 | |||
| Maximum Drawdown | 20.07 | |||
| Value At Risk | (9.78) | |||
| Potential Upside | 10.03 |
Inner Mongolia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inner Mongolia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inner Mongolia's standard deviation. In reality, there are many statistical measures that can use Inner Mongolia historical prices to predict the future Inner Mongolia's volatility.| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 0.7765 | |||
| Total Risk Alpha | 0.6131 | |||
| Sortino Ratio | 0.1524 | |||
| Treynor Ratio | (0.55) |
Inner Mongolia Junzheng Backtested Returns
Inner Mongolia appears to be unstable, given 3 months investment horizon. Inner Mongolia Junzheng holds Efficiency (Sharpe) Ratio of 0.086, which attests that the entity had a 0.086% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inner Mongolia Junzheng, which you can use to evaluate the volatility of the firm. Please utilize Inner Mongolia's Risk Adjusted Performance of 0.1344, downside deviation of 4.75, and Market Risk Adjusted Performance of (0.54) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inner Mongolia holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -1.37, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Inner Mongolia are expected to decrease by larger amounts. On the other hand, during market turmoil, Inner Mongolia is expected to outperform it. Please check Inner Mongolia'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 Inner Mongolia's current trending patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Inner Mongolia Junzheng has weak reverse predictability. Overlapping area represents the amount of predictability between Inner Mongolia time series from 8th of July 2023 to 3rd of April 2024 and 3rd of April 2024 to 29th 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 Inner Mongolia Junzheng price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Inner Mongolia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Inner Mongolia Junzheng lagged returns against current returns
Autocorrelation, which is Inner Mongolia 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 Inner Mongolia's stock expected returns. We can calculate the autocorrelation of Inner Mongolia returns to help us make a trade decision. For example, suppose you find that Inner Mongolia 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 |
Inner Mongolia 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 Inner Mongolia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inner Mongolia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inner Mongolia stock over time.
Current vs Lagged Prices |
| Timeline |
Inner Mongolia Lagged Returns
When evaluating Inner Mongolia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inner Mongolia stock have on its future price. Inner Mongolia 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, Inner Mongolia autocorrelation shows the relationship between Inner Mongolia stock current value and its past values and can show if there is a momentum factor associated with investing in Inner Mongolia Junzheng.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Inner Stock
Inner Mongolia financial ratios help investors to determine whether Inner 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 Inner with respect to the benefits of owning Inner Mongolia security.