Chaoda Modern (Germany) Market Value
| CHA Stock | EUR 0.02 0.00 0.00% |
| Symbol | Chaoda |
Chaoda Modern '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 Chaoda Modern'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 Chaoda Modern.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Chaoda Modern on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Chaoda Modern Agriculture or generate 0.0% return on investment in Chaoda Modern over 30 days. Chaoda Modern is related to or competes with Archer Daniels, Tyson Foods, MOWI ASA, Mowi ASA, PT Charoen, and Charoen Pokphand. Chaoda Modern Agriculture Limited, an investment holding company, engages in growing and selling agricultural products i... More
Chaoda Modern 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 Chaoda Modern'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 Chaoda Modern Agriculture upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0341 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (25.00) |
Chaoda Modern Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chaoda Modern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chaoda Modern's standard deviation. In reality, there are many statistical measures that can use Chaoda Modern historical prices to predict the future Chaoda Modern's volatility.| Risk Adjusted Performance | 0.0386 | |||
| Jensen Alpha | 0.8204 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.36) |
Chaoda Modern Agriculture Backtested Returns
Chaoda Modern is out of control given 3 months investment horizon. Chaoda Modern Agriculture secures Sharpe Ratio (or Efficiency) of 0.0563, which signifies that the company had a 0.0563% return per unit of standard deviation over the last 3 months. We were able to interpolate eighteen different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Chaoda Modern mean deviation of 7.0, and Risk Adjusted Performance of 0.0386 to evaluate company specific risk that cannot be diversified away. Chaoda Modern holds a performance score of 4 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.1, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Chaoda Modern are expected to decrease by larger amounts. On the other hand, during market turmoil, Chaoda Modern is expected to outperform it. Use Chaoda Modern market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to analyze future returns on Chaoda Modern.
Auto-correlation | 0.00 |
No correlation between past and present
Chaoda Modern Agriculture has no correlation between past and present. Overlapping area represents the amount of predictability between Chaoda Modern time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Chaoda Modern Agriculture price movement. The serial correlation of 0.0 indicates that just 0.0% of current Chaoda Modern price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chaoda Modern Agriculture lagged returns against current returns
Autocorrelation, which is Chaoda Modern 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 Chaoda Modern's stock expected returns. We can calculate the autocorrelation of Chaoda Modern returns to help us make a trade decision. For example, suppose you find that Chaoda Modern 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 |
Chaoda Modern 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 Chaoda Modern stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chaoda Modern stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chaoda Modern stock over time.
Current vs Lagged Prices |
| Timeline |
Chaoda Modern Lagged Returns
When evaluating Chaoda Modern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chaoda Modern stock have on its future price. Chaoda Modern 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, Chaoda Modern autocorrelation shows the relationship between Chaoda Modern stock current value and its past values and can show if there is a momentum factor associated with investing in Chaoda Modern Agriculture.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Chaoda Stock
Chaoda Modern financial ratios help investors to determine whether Chaoda 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 Chaoda with respect to the benefits of owning Chaoda Modern security.