China Resources' market value is the price at which a share of China Resources trades on a public exchange. It measures the collective expectations of China Resources Land investors about its performance. China Resources is trading at 30.38 as of the 2nd of December 2024; that is No Change since the beginning of the trading day. The stock's open price was 30.38. With this module, you can estimate the performance of a buy and hold strategy of China Resources Land and determine expected loss or profit from investing in China Resources over a given investment horizon. Check out China Resources Correlation, China Resources Volatility and China Resources Alpha and Beta module to complement your research on China Resources.
Please note, there is a significant difference between China Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if China Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Resources' 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.
China Resources '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 Resources' pink sheet 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 Resources.
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If you would invest 0.00 in China Resources on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding China Resources Land or generate 0.0% return on investment in China Resources over 30 days. China Resources is related to or competes with China Overseas, Longfor Group, Sun Hung, Country Garden, and Longfor Properties. China Resources Land Limited, an investment holding company, invests in, develops, manages, and sells properties in the ... More
China Resources 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 Resources' pink sheet 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 Resources Land upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Resources' standard deviation. In reality, there are many statistical measures that can use China Resources historical prices to predict the future China Resources' volatility.
At this stage we consider China Pink Sheet to be out of control. China Resources Land secures Sharpe Ratio (or Efficiency) of 0.0669, which signifies that the company had a 0.0669% return per unit of risk over the last 3 months. We have found eighteen technical indicators for China Resources Land, which you can use to evaluate the volatility of the firm. Please confirm China Resources' Risk Adjusted Performance of 0.0617, mean deviation of 0.823, and Standard Deviation of 2.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. China Resources has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, China Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding China Resources is expected to be smaller as well. China Resources Land right now shows a risk of 2.15%. Please confirm China Resources Land coefficient of variation, value at risk, as well as the relationship between the Value At Risk and day typical price , to decide if China Resources Land will be following its price patterns.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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China Resources Land lagged returns against current returns
Autocorrelation, which is China Resources pink sheet'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 Resources' pink sheet expected returns. We can calculate the autocorrelation of China Resources returns to help us make a trade decision. For example, suppose you find that China Resources has exhibited high autocorrelation historically, and you observe that the pink sheet 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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China Resources 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 Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Resources pink sheet over time.
Current vs Lagged Prices
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China Resources Lagged Returns
When evaluating China Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Resources pink sheet have on its future price. China Resources 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 Resources autocorrelation shows the relationship between China Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Resources Land.
Regressed Prices
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Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running China Resources' price analysis, check to measure China Resources' 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 Resources is operating at the current time. Most of China Resources' value examination focuses on studying past and present price action to predict the probability of China Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Resources' price. Additionally, you may evaluate how the addition of China Resources to your portfolios can decrease your overall portfolio volatility.