Shanghai Action (China) Market Value
| 605098 Stock | 35.74 3.25 10.00% |
| Symbol | Shanghai |
Shanghai Action '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 Shanghai Action'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 Shanghai Action.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Shanghai Action on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Shanghai Action Education or generate 0.0% return on investment in Shanghai Action over 720 days. Shanghai Action is related to or competes with PetroChina, China Mobile, Industrial, China Life, Ping An, and China Construction. Shanghai Action is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Action 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 Shanghai Action'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 Shanghai Action Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.0341 | |||
| Maximum Drawdown | 19.77 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 5.64 |
Shanghai Action Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Action's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Action's standard deviation. In reality, there are many statistical measures that can use Shanghai Action historical prices to predict the future Shanghai Action's volatility.| Risk Adjusted Performance | 0.0672 | |||
| Jensen Alpha | 0.1981 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | 0.8215 |
Shanghai Action Education Backtested Returns
Shanghai Action appears to be not too volatile, given 3 months investment horizon. Shanghai Action Education owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0621, which indicates the firm had a 0.0621% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Action Education, which you can use to evaluate the volatility of the company. Please review Shanghai Action's Semi Deviation of 2.94, coefficient of variation of 1281.41, and Risk Adjusted Performance of 0.0672 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shanghai Action holds a performance score of 4. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Action's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Action is expected to be smaller as well. Please check Shanghai Action's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Shanghai Action's existing price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Shanghai Action Education has weak reverse predictability. Overlapping area represents the amount of predictability between Shanghai Action time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Shanghai Action Education price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Shanghai Action price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 30.03 |
Shanghai Action Education lagged returns against current returns
Autocorrelation, which is Shanghai Action 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 Shanghai Action's stock expected returns. We can calculate the autocorrelation of Shanghai Action returns to help us make a trade decision. For example, suppose you find that Shanghai Action 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 |
Shanghai Action 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 Shanghai Action stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Action stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Action stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Action Lagged Returns
When evaluating Shanghai Action's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Action stock have on its future price. Shanghai Action 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, Shanghai Action autocorrelation shows the relationship between Shanghai Action stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Action Education.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Action financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Action security.