Yanzhou Coal (Germany) Market Value
| YZC Stock | EUR 11.00 0.10 0.90% |
| Symbol | Yanzhou |
Yanzhou Coal '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 Yanzhou Coal'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 Yanzhou Coal.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Yanzhou Coal on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Yanzhou Coal Mining or generate 0.0% return on investment in Yanzhou Coal over 30 days. Yanzhou Coal is related to or competes with Ameriprise Financial, Coeur Mining, National Bank, Hanover Insurance, CDN IMPERIAL, and Zijin Mining. Yanzhou Coal Mining Company Limited, an investment holding company, Limited explores, mines, washes, processes, and sell... More
Yanzhou Coal 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 Yanzhou Coal'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 Yanzhou Coal Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.0472 | |||
| Maximum Drawdown | 30.61 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 5.92 |
Yanzhou Coal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yanzhou Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yanzhou Coal's standard deviation. In reality, there are many statistical measures that can use Yanzhou Coal historical prices to predict the future Yanzhou Coal's volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | 0.2554 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0392 | |||
| Treynor Ratio | (0.47) |
Yanzhou Coal Mining Backtested Returns
Yanzhou Coal appears to be somewhat reliable, given 3 months investment horizon. Yanzhou Coal Mining shows Sharpe Ratio of 0.0671, which attests that the company had a 0.0671% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yanzhou Coal Mining, which you can use to evaluate the volatility of the company. Please utilize Yanzhou Coal's Downside Deviation of 4.33, market risk adjusted performance of (0.46), and Mean Deviation of 2.14 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yanzhou Coal holds a performance score of 5. The firm maintains a market beta of -0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yanzhou Coal are expected to decrease at a much lower rate. During the bear market, Yanzhou Coal is likely to outperform the market. Please check Yanzhou Coal's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Yanzhou Coal's historical returns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Yanzhou Coal Mining has very weak reverse predictability. Overlapping area represents the amount of predictability between Yanzhou Coal time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Yanzhou Coal Mining price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Yanzhou Coal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Yanzhou Coal Mining lagged returns against current returns
Autocorrelation, which is Yanzhou Coal 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 Yanzhou Coal's stock expected returns. We can calculate the autocorrelation of Yanzhou Coal returns to help us make a trade decision. For example, suppose you find that Yanzhou Coal 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 |
Yanzhou Coal 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 Yanzhou Coal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yanzhou Coal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yanzhou Coal stock over time.
Current vs Lagged Prices |
| Timeline |
Yanzhou Coal Lagged Returns
When evaluating Yanzhou Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yanzhou Coal stock have on its future price. Yanzhou Coal 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, Yanzhou Coal autocorrelation shows the relationship between Yanzhou Coal stock current value and its past values and can show if there is a momentum factor associated with investing in Yanzhou Coal Mining.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yanzhou Stock
Yanzhou Coal financial ratios help investors to determine whether Yanzhou 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 Yanzhou with respect to the benefits of owning Yanzhou Coal security.