Yindu Kitchen (China) Market Value
| 603277 Stock | 24.16 0.14 0.58% |
| Symbol | Yindu |
Yindu Kitchen '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 Yindu Kitchen'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 Yindu Kitchen.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Yindu Kitchen on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Yindu Kitchen Equipment or generate 0.0% return on investment in Yindu Kitchen over 30 days. Yindu Kitchen is related to or competes with Shaanxi Energy, Fujian Rongji, Beijing Mainstreets, Xizi Clean, Xiandai Investment, Hunan Investment, and Nuode Investment. Yindu Kitchen is entity of China. It is traded as Stock on SHG exchange. More
Yindu Kitchen 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 Yindu Kitchen'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 Yindu Kitchen Equipment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.22 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 3.02 |
Yindu Kitchen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yindu Kitchen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yindu Kitchen's standard deviation. In reality, there are many statistical measures that can use Yindu Kitchen historical prices to predict the future Yindu Kitchen's volatility.| Risk Adjusted Performance | 0.0163 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1441 |
Yindu Kitchen Equipment Backtested Returns
At this point, Yindu Kitchen is not too volatile. Yindu Kitchen Equipment shows Sharpe Ratio of 0.016, which attests that the company had a 0.016% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yindu Kitchen Equipment, which you can use to evaluate the volatility of the company. Please check out Yindu Kitchen's Mean Deviation of 1.66, downside deviation of 2.69, and Market Risk Adjusted Performance of 0.1541 to validate if the risk estimate we provide is consistent with the expected return of 0.039%. Yindu Kitchen has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yindu Kitchen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yindu Kitchen is expected to be smaller as well. Yindu Kitchen Equipment right now maintains a risk of 2.44%. Please check out Yindu Kitchen Equipment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Yindu Kitchen Equipment will be following its historical returns.
Auto-correlation | -0.66 |
Very good reverse predictability
Yindu Kitchen Equipment has very good reverse predictability. Overlapping area represents the amount of predictability between Yindu Kitchen time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Yindu Kitchen Equipment price movement. The serial correlation of -0.66 indicates that around 66.0% of current Yindu Kitchen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Yindu Kitchen Equipment lagged returns against current returns
Autocorrelation, which is Yindu Kitchen 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 Yindu Kitchen's stock expected returns. We can calculate the autocorrelation of Yindu Kitchen returns to help us make a trade decision. For example, suppose you find that Yindu Kitchen 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 |
Yindu Kitchen 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 Yindu Kitchen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yindu Kitchen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yindu Kitchen stock over time.
Current vs Lagged Prices |
| Timeline |
Yindu Kitchen Lagged Returns
When evaluating Yindu Kitchen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yindu Kitchen stock have on its future price. Yindu Kitchen 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, Yindu Kitchen autocorrelation shows the relationship between Yindu Kitchen stock current value and its past values and can show if there is a momentum factor associated with investing in Yindu Kitchen Equipment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yindu Stock
Yindu Kitchen financial ratios help investors to determine whether Yindu 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 Yindu with respect to the benefits of owning Yindu Kitchen security.