China International (Germany) Market Value
| OCM Stock | EUR 0.62 0.01 1.64% |
| Symbol | China |
China International '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 International'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 International.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in China International on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding China International Marine or generate 0.0% return on investment in China International over 30 days. China International is related to or competes with Allegheny Technologies, Thyssenkrupp, Thyssenkrupp, Mueller Industries, and Carpenter Technology. China International Marine Containers Co., Ltd., together with its subsidiaries, manufactures and sells logistics and en... More
China International 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 International'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 International Marine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 34.58 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.36 |
China International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China International's standard deviation. In reality, there are many statistical measures that can use China International historical prices to predict the future China International's volatility.| Risk Adjusted Performance | 0.0679 | |||
| Jensen Alpha | 0.348 | |||
| Total Risk Alpha | 0.1265 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | (0.35) |
China International Backtested Returns
At this point, China International is abnormally volatile. China International secures Sharpe Ratio (or Efficiency) of 0.0379, which signifies that the company had a 0.0379% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for China International Marine, which you can use to evaluate the volatility of the firm. Please confirm China International's Risk Adjusted Performance of 0.0679, mean deviation of 2.76, and Downside Deviation of 3.41 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. China International has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.91, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning China International are expected to decrease slowly. On the other hand, during market turmoil, China International is expected to outperform it slightly. China International right now shows a risk of 4.37%. Please confirm China International standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if China International will be following its price patterns.
Auto-correlation | 0.26 |
Poor predictability
China International Marine has poor predictability. Overlapping area represents the amount of predictability between China International time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 International price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current China International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China International lagged returns against current returns
Autocorrelation, which is China International 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 International's stock expected returns. We can calculate the autocorrelation of China International returns to help us make a trade decision. For example, suppose you find that China International 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 International 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 International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China International stock over time.
Current vs Lagged Prices |
| Timeline |
China International Lagged Returns
When evaluating China International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China International stock have on its future price. China International 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 International autocorrelation shows the relationship between China International stock current value and its past values and can show if there is a momentum factor associated with investing in China International Marine.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
China International 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 International security.