Lepu Medical (China) Market Value
| 300003 Stock | 12.18 0.29 2.44% |
| Symbol | Lepu |
Lepu Medical '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 Lepu Medical'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 Lepu Medical.
| 12/25/2023 |
| 12/19/2024 |
If you would invest 0.00 in Lepu Medical on December 25, 2023 and sell it all today you would earn a total of 0.00 from holding Lepu Medical Tech or generate 0.0% return on investment in Lepu Medical over 360 days. Lepu Medical is related to or competes with Industrial, Kweichow Moutai, Agricultural Bank, China Mobile, China Construction, PetroChina, and Bank of China. Lepu Medical is entity of China. It is traded as Stock on SHE exchange. More
Lepu Medical 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 Lepu Medical'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 Lepu Medical Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.34 | |||
| Information Ratio | 0.1084 | |||
| Maximum Drawdown | 32.34 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 6.27 |
Lepu Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lepu Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lepu Medical's standard deviation. In reality, there are many statistical measures that can use Lepu Medical historical prices to predict the future Lepu Medical's volatility.| Risk Adjusted Performance | 0.0997 | |||
| Jensen Alpha | 0.4857 | |||
| Total Risk Alpha | 0.3795 | |||
| Sortino Ratio | 0.1386 | |||
| Treynor Ratio | (2.64) |
Lepu Medical Tech Backtested Returns
Lepu Medical appears to be slightly risky, given 3 months investment horizon. Lepu Medical Tech has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Lepu Medical's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Lepu Medical's Mean Deviation of 2.54, downside deviation of 3.34, and Risk Adjusted Performance of 0.0997 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lepu Medical holds a performance score of 10. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lepu Medical are expected to decrease at a much lower rate. During the bear market, Lepu Medical is likely to outperform the market. Please check Lepu Medical's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Lepu Medical's current price movements will revert.
Auto-correlation | 0.17 |
Very weak predictability
Lepu Medical Tech has very weak predictability. Overlapping area represents the amount of predictability between Lepu Medical time series from 25th of December 2023 to 22nd of June 2024 and 22nd of June 2024 to 19th 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 Lepu Medical Tech price movement. The serial correlation of 0.17 indicates that over 17.0% of current Lepu Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 2.19 |
Lepu Medical Tech lagged returns against current returns
Autocorrelation, which is Lepu Medical 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 Lepu Medical's stock expected returns. We can calculate the autocorrelation of Lepu Medical returns to help us make a trade decision. For example, suppose you find that Lepu Medical 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 |
Lepu Medical 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 Lepu Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lepu Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lepu Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Lepu Medical Lagged Returns
When evaluating Lepu Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lepu Medical stock have on its future price. Lepu Medical 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, Lepu Medical autocorrelation shows the relationship between Lepu Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Lepu Medical Tech.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Lepu Stock
Lepu Medical financial ratios help investors to determine whether Lepu 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 Lepu with respect to the benefits of owning Lepu Medical security.