Yunji Inc Stock Market Value
| YJ Stock | USD 1.72 0.04 2.38% |
| Symbol | Yunji |
Yunji Inc Price To Book Ratio
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yunji. If investors know Yunji will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yunji listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (27.61) | Revenue Per Share 107.408 | Quarterly Revenue Growth (0.37) | Return On Assets (0.04) | Return On Equity (0.09) |
The market value of Yunji Inc is measured differently than its book value, which is the value of Yunji that is recorded on the company's balance sheet. Investors also form their own opinion of Yunji's value that differs from its market value or its book value, called intrinsic value, which is Yunji's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yunji's market value can be influenced by many factors that don't directly affect Yunji's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yunji's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yunji is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yunji's 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.
Yunji '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 Yunji'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 Yunji.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Yunji on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Yunji Inc or generate 0.0% return on investment in Yunji over 90 days. Yunji is related to or competes with Hour Loop, Kidpik Corp, Oriental Culture, Jeffs Brands, Qurate Retail, D MARKET, and 1StdibsCom. Yunji Inc. operates a social e-commerce platform in the Peoples Republic of China More
Yunji 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 Yunji'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 Yunji Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 33.95 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.73 |
Yunji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yunji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yunji's standard deviation. In reality, there are many statistical measures that can use Yunji historical prices to predict the future Yunji's volatility.| Risk Adjusted Performance | 0.0014 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | (1.18) |
Yunji Inc Backtested Returns
Yunji is dangerous at the moment. Yunji Inc shows Sharpe Ratio of 0.0211, which attests that the company had a 0.0211% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Yunji Inc, which you can use to evaluate the volatility of the company. Please check out Yunji's Market Risk Adjusted Performance of (1.17), mean deviation of 4.83, and Standard Deviation of 6.33 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Yunji has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.0604, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yunji's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yunji is expected to be smaller as well. Yunji Inc right now maintains a risk of 6.32%. Please check out Yunji Inc total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Yunji Inc will be following its historical returns.
Auto-correlation | -0.31 |
Poor reverse predictability
Yunji Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Yunji time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th 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 Yunji Inc price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Yunji price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Yunji Inc lagged returns against current returns
Autocorrelation, which is Yunji 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 Yunji's stock expected returns. We can calculate the autocorrelation of Yunji returns to help us make a trade decision. For example, suppose you find that Yunji 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 |
Yunji 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 Yunji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yunji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yunji stock over time.
Current vs Lagged Prices |
| Timeline |
Yunji Lagged Returns
When evaluating Yunji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yunji stock have on its future price. Yunji 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, Yunji autocorrelation shows the relationship between Yunji stock current value and its past values and can show if there is a momentum factor associated with investing in Yunji Inc.
Regressed Prices |
| Timeline |
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Yunji technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.