CHINA STATE (Germany) Market Value
| C4S1 Stock | EUR 1.35 0.00 0.00% |
| Symbol | CHINA |
CHINA STATE '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 CHINA STATE'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 CHINA STATE.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in CHINA STATE on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding CHINA STATE STRU or generate 0.0% return on investment in CHINA STATE over 30 days. CHINA STATE is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
CHINA STATE 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 CHINA STATE'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 CHINA STATE STRU upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.1016 | |||
| Maximum Drawdown | 6.92 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.9 |
CHINA STATE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHINA STATE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHINA STATE's standard deviation. In reality, there are many statistical measures that can use CHINA STATE historical prices to predict the future CHINA STATE's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.15 | |||
| Total Risk Alpha | 0.1158 | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 2.31 |
CHINA STATE STRU Backtested Returns
Currently, CHINA STATE STRU is relatively risky. CHINA STATE STRU secures Sharpe Ratio (or Efficiency) of 0.0831, which signifies that the company had a 0.0831% return per unit of return volatility over the last 3 months. We have found twenty-five technical indicators for CHINA STATE STRU, which you can use to evaluate the volatility of the firm. Please confirm CHINA STATE's Risk Adjusted Performance of 0.1043, semi deviation of 0.8057, and Mean Deviation of 0.7648 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. CHINA STATE has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0657, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CHINA STATE's returns are expected to increase less than the market. However, during the bear market, the loss of holding CHINA STATE is expected to be smaller as well. CHINA STATE STRU at this time shows a risk of 1.22%. Please confirm CHINA STATE STRU downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if CHINA STATE STRU will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
CHINA STATE STRU has no correlation between past and present. Overlapping area represents the amount of predictability between CHINA STATE time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 CHINA STATE STRU price movement. The serial correlation of 0.0 indicates that just 0.0% of current CHINA STATE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CHINA STATE STRU lagged returns against current returns
Autocorrelation, which is CHINA STATE 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 CHINA STATE's stock expected returns. We can calculate the autocorrelation of CHINA STATE returns to help us make a trade decision. For example, suppose you find that CHINA STATE 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 |
CHINA STATE 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 CHINA STATE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHINA STATE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHINA STATE stock over time.
Current vs Lagged Prices |
| Timeline |
CHINA STATE Lagged Returns
When evaluating CHINA STATE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHINA STATE stock have on its future price. CHINA STATE 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, CHINA STATE autocorrelation shows the relationship between CHINA STATE stock current value and its past values and can show if there is a momentum factor associated with investing in CHINA STATE STRU.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CHINA Stock Analysis
When running CHINA STATE's price analysis, check to measure CHINA STATE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHINA STATE is operating at the current time. Most of CHINA STATE's value examination focuses on studying past and present price action to predict the probability of CHINA STATE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHINA STATE's price. Additionally, you may evaluate how the addition of CHINA STATE to your portfolios can decrease your overall portfolio volatility.