Vohringer Home (China) Market Value

603226 Stock   4.95  0.12  2.37%   
Vohringer Home's market value is the price at which a share of Vohringer Home trades on a public exchange. It measures the collective expectations of Vohringer Home Technology investors about its performance. Vohringer Home is trading at 4.95 as of the 5th of December 2024, a 2.37 percent decrease since the beginning of the trading day. The stock's open price was 5.07.
With this module, you can estimate the performance of a buy and hold strategy of Vohringer Home Technology and determine expected loss or profit from investing in Vohringer Home over a given investment horizon. Check out Vohringer Home Correlation, Vohringer Home Volatility and Vohringer Home Alpha and Beta module to complement your research on Vohringer Home.
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Please note, there is a significant difference between Vohringer Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vohringer Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vohringer Home'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.

Vohringer Home '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 Vohringer Home'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 Vohringer Home.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Vohringer Home on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vohringer Home Technology or generate 0.0% return on investment in Vohringer Home over 30 days. Vohringer Home is related to or competes with Time Publishing, Offcn Education, Mengtian Home, China Publishing, Fiberhome Telecommunicatio, Xiamen Goldenhome, and Shandong Publishing. Vohringer Home is entity of China. It is traded as Stock on SHG exchange. More

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

Vohringer Home Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vohringer Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vohringer Home's standard deviation. In reality, there are many statistical measures that can use Vohringer Home historical prices to predict the future Vohringer Home's volatility.
Hype
Prediction
LowEstimatedHigh
1.644.958.26
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Intrinsic
Valuation
LowRealHigh
1.004.317.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vohringer Home. Your research has to be compared to or analyzed against Vohringer Home's peers to derive any actionable benefits. When done correctly, Vohringer Home'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 Vohringer Home Technology.

Vohringer Home Technology Backtested Returns

Vohringer Home appears to be moderately volatile, given 3 months investment horizon. Vohringer Home Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Vohringer Home's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please review Vohringer Home's Risk Adjusted Performance of 0.1896, coefficient of variation of 406.05, and Semi Deviation of 2.4 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vohringer Home holds a performance score of 21. The entity has a beta of -0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vohringer Home are expected to decrease at a much lower rate. During the bear market, Vohringer Home is likely to outperform the market. Please check Vohringer Home's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Vohringer Home's existing price patterns will revert.

Auto-correlation

    
  0.18  

Very weak predictability

Vohringer Home Technology has very weak predictability. Overlapping area represents the amount of predictability between Vohringer Home time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Vohringer Home Technology price movement. The serial correlation of 0.18 indicates that over 18.0% of current Vohringer Home price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.01

Vohringer Home Technology lagged returns against current returns

Autocorrelation, which is Vohringer Home 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 Vohringer Home's stock expected returns. We can calculate the autocorrelation of Vohringer Home returns to help us make a trade decision. For example, suppose you find that Vohringer Home 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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Vohringer Home 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 Vohringer Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vohringer Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vohringer Home stock over time.
   Current vs Lagged Prices   
       Timeline  

Vohringer Home Lagged Returns

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

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Other Information on Investing in Vohringer Stock

Vohringer Home financial ratios help investors to determine whether Vohringer 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 Vohringer with respect to the benefits of owning Vohringer Home security.