China Senior Living Stock Market Value
| CHYL Stock | USD 0 0.00 0.00% |
| Symbol | China |
China Senior '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 Senior'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 China Senior.
| 04/16/2024 |
| 05/16/2024 |
If you would invest 0.00 in China Senior on April 16, 2024 and sell it all today you would earn a total of 0.00 from holding China Senior Living or generate 0.0% return on investment in China Senior over 30 days. China Senior is related to or competes with Copa Holdings, Delta Air, SkyWest, and Allegiant Travel. Unified Global Corp. operates as a vertically integrated cannabis company in Canada and the United States More
China Senior 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 Senior'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 China Senior Living upside and downside potential and time the market with a certain degree of confidence.
China Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Senior's standard deviation. In reality, there are many statistical measures that can use China Senior historical prices to predict the future China Senior's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Senior's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Senior Living Backtested Returns
We have found three technical indicators for China Senior Living, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China Senior are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
China Senior Living has no correlation between past and present. Overlapping area represents the amount of predictability between China Senior time series from 16th of April 2024 to 1st of May 2024 and 1st of May 2024 to 16th of May 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 Senior Living price movement. The serial correlation of 0.0 indicates that just 0.0% of current China Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Senior Living lagged returns against current returns
Autocorrelation, which is China Senior 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 China Senior's pink sheet expected returns. We can calculate the autocorrelation of China Senior returns to help us make a trade decision. For example, suppose you find that China Senior 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 |
China Senior 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 Senior pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Senior pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Senior pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Senior Lagged Returns
When evaluating China Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Senior pink sheet have on its future price. China Senior 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 Senior autocorrelation shows the relationship between China Senior pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Senior Living.
Regressed Prices |
| Timeline |
Pair Trading with China Senior
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Senior position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Senior will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China Senior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Senior when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Senior - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Senior Living to buy it.
The correlation of China Senior is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Senior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Senior Living moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Senior can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out China Senior Correlation, China Senior Volatility and China Senior Alpha and Beta module to complement your research on China Senior. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for China Pink Sheet analysis
When running China Senior's price analysis, check to measure China Senior'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 China Senior is operating at the current time. Most of China Senior's value examination focuses on studying past and present price action to predict the probability of China Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Senior's price. Additionally, you may evaluate how the addition of China Senior to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |
China Senior technical pink sheet 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, pink sheet market cycles, or different charting patterns.