Shenzhen Investment Bay Stock Market Value
| SIHBY Stock | USD 2.62 0.00 0.00% |
| Symbol | Shenzhen |
Shenzhen Investment '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 Shenzhen Investment's 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 Shenzhen Investment.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Shenzhen Investment on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Shenzhen Investment Bay or generate 0.0% return on investment in Shenzhen Investment over 720 days. Shenzhen Investment is related to or competes with Jiangsu Expressway, Jiangsu Expressway, Zhejiang Expressway, and Yuexiu Transport. Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, develops, operates, an... More
Shenzhen Investment 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 Shenzhen Investment's 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 Shenzhen Investment Bay upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0732 | |||
| Maximum Drawdown | 91.33 | |||
| Potential Upside | 5.45 |
Shenzhen Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Investment's standard deviation. In reality, there are many statistical measures that can use Shenzhen Investment historical prices to predict the future Shenzhen Investment's volatility.| Risk Adjusted Performance | 0.0746 | |||
| Jensen Alpha | 0.9024 | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (1.85) |
Shenzhen Investment Bay Backtested Returns
Shenzhen Investment appears to be extremely dangerous, given 3 months investment horizon. Shenzhen Investment Bay owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0875, which indicates the firm had a 0.0875% return per unit of risk over the last 3 months. By inspecting Shenzhen Investment's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please review Shenzhen Investment's Variance of 101.11, coefficient of variation of 1169.17, and Risk Adjusted Performance of 0.0746 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shenzhen Investment holds a performance score of 6. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Shenzhen Investment are expected to decrease at a much lower rate. During the bear market, Shenzhen Investment is likely to outperform the market. Please check Shenzhen Investment's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to make a quick decision on whether Shenzhen Investment's existing price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Shenzhen Investment Bay has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Shenzhen Investment time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Shenzhen Investment Bay price movement. The serial correlation of -0.74 indicates that around 74.0% of current Shenzhen Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Shenzhen Investment Bay lagged returns against current returns
Autocorrelation, which is Shenzhen Investment 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 Shenzhen Investment's pink sheet expected returns. We can calculate the autocorrelation of Shenzhen Investment returns to help us make a trade decision. For example, suppose you find that Shenzhen Investment 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 |
| Timeline |
Shenzhen Investment 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 Shenzhen Investment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Investment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Investment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Investment Lagged Returns
When evaluating Shenzhen Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Investment pink sheet have on its future price. Shenzhen Investment 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, Shenzhen Investment autocorrelation shows the relationship between Shenzhen Investment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Investment Bay.
Regressed Prices |
| Timeline |
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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.Additional Tools for Shenzhen Pink Sheet Analysis
When running Shenzhen Investment's price analysis, check to measure Shenzhen Investment'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 Shenzhen Investment is operating at the current time. Most of Shenzhen Investment's value examination focuses on studying past and present price action to predict the probability of Shenzhen Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Investment's price. Additionally, you may evaluate how the addition of Shenzhen Investment to your portfolios can decrease your overall portfolio volatility.