Dynagreen Environmental (China) Market Value
| 601330 Stock | 6.72 0.19 2.91% |
| Symbol | Dynagreen |
Dynagreen Environmental '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 Dynagreen Environmental'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 Dynagreen Environmental.
| 07/30/2024 |
| 12/27/2024 |
If you would invest 0.00 in Dynagreen Environmental on July 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dynagreen Environmental Protection or generate 0.0% return on investment in Dynagreen Environmental over 150 days. Dynagreen Environmental is related to or competes with Ming Yang, Loctek Ergonomic, Yes Optoelectronics, Hunan Nanling, Guangdong Tianhe, Shandong Ruifeng, and Jiangsu Seagull. Dynagreen Environmental is entity of China More
Dynagreen Environmental 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 Dynagreen Environmental'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 Dynagreen Environmental Protection upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 16.48 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.11 |
Dynagreen Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynagreen Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynagreen Environmental's standard deviation. In reality, there are many statistical measures that can use Dynagreen Environmental historical prices to predict the future Dynagreen Environmental's volatility.| Risk Adjusted Performance | 0.1285 | |||
| Jensen Alpha | 0.3224 | |||
| Total Risk Alpha | 0.2048 | |||
| Sortino Ratio | 0.1281 | |||
| Treynor Ratio | 94.86 |
Dynagreen Environmental Backtested Returns
At this point, Dynagreen Environmental is somewhat reliable. Dynagreen Environmental secures Sharpe Ratio (or Efficiency) of 0.0441, which denotes the company had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dynagreen Environmental Protection, which you can use to evaluate the volatility of the firm. Please confirm Dynagreen Environmental's Downside Deviation of 2.18, mean deviation of 1.48, and Coefficient Of Variation of 649.91 to check if the risk estimate we provide is consistent with the expected return of 0.0857%. Dynagreen Environmental has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0034, which means not very significant fluctuations relative to the market. As returns on the market increase, Dynagreen Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynagreen Environmental is expected to be smaller as well. Dynagreen Environmental right now shows a risk of 1.94%. Please confirm Dynagreen Environmental information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Dynagreen Environmental will be following its price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
Dynagreen Environmental Protection has very weak reverse predictability. Overlapping area represents the amount of predictability between Dynagreen Environmental time series from 30th of July 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Dynagreen Environmental price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Dynagreen Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Dynagreen Environmental lagged returns against current returns
Autocorrelation, which is Dynagreen Environmental 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 Dynagreen Environmental's stock expected returns. We can calculate the autocorrelation of Dynagreen Environmental returns to help us make a trade decision. For example, suppose you find that Dynagreen Environmental 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 |
Dynagreen Environmental 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 Dynagreen Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynagreen Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynagreen Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Dynagreen Environmental Lagged Returns
When evaluating Dynagreen Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynagreen Environmental stock have on its future price. Dynagreen Environmental 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, Dynagreen Environmental autocorrelation shows the relationship between Dynagreen Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Dynagreen Environmental Protection.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dynagreen Stock
Dynagreen Environmental financial ratios help investors to determine whether Dynagreen 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 Dynagreen with respect to the benefits of owning Dynagreen Environmental security.