China BlueChemical (Germany) Market Value
| H1Q Stock | EUR 0.24 0.01 4.00% |
| Symbol | China |
China BlueChemical '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 BlueChemical'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 BlueChemical.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in China BlueChemical on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding China BlueChemical or generate 0.0% return on investment in China BlueChemical over 30 days. China BlueChemical is related to or competes with Dalata Hotel, HANOVER INSURANCE, Hanover Insurance, Host Hotels, INTERCONT HOTELS, Selective Insurance, and Japan Post. China BlueChemical Ltd., together with its subsidiaries, develops, manufactures, and sells nitrogen, phosphorus, and pot... More
China BlueChemical 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 BlueChemical'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 BlueChemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.72 | |||
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 8.0 |
China BlueChemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China BlueChemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China BlueChemical's standard deviation. In reality, there are many statistical measures that can use China BlueChemical historical prices to predict the future China BlueChemical's volatility.| Risk Adjusted Performance | 0.0653 | |||
| Jensen Alpha | 0.2854 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.024 | |||
| Treynor Ratio | (0.89) |
China BlueChemical Backtested Returns
China BlueChemical appears to be out of control, given 3 months investment horizon. China BlueChemical secures Sharpe Ratio (or Efficiency) of 0.0761, which signifies that the company had a 0.0761% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China BlueChemical, which you can use to evaluate the volatility of the firm. Please makes use of China BlueChemical's Mean Deviation of 2.16, risk adjusted performance of 0.0653, and Downside Deviation of 5.72 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China BlueChemical holds a performance score of 5. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China BlueChemical are expected to decrease at a much lower rate. During the bear market, China BlueChemical is likely to outperform the market. Please check China BlueChemical's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether China BlueChemical's price patterns will revert.
Auto-correlation | 0.10 |
Insignificant predictability
China BlueChemical has insignificant predictability. Overlapping area represents the amount of predictability between China BlueChemical time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 BlueChemical price movement. The serial correlation of 0.1 indicates that less than 10.0% of current China BlueChemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China BlueChemical lagged returns against current returns
Autocorrelation, which is China BlueChemical 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 BlueChemical's stock expected returns. We can calculate the autocorrelation of China BlueChemical returns to help us make a trade decision. For example, suppose you find that China BlueChemical 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 BlueChemical 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 BlueChemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China BlueChemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China BlueChemical stock over time.
Current vs Lagged Prices |
| Timeline |
China BlueChemical Lagged Returns
When evaluating China BlueChemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China BlueChemical stock have on its future price. China BlueChemical 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 BlueChemical autocorrelation shows the relationship between China BlueChemical stock current value and its past values and can show if there is a momentum factor associated with investing in China BlueChemical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China BlueChemical financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China BlueChemical security.