Shanghai (China) Market Value

000001
  

 3,102  12.38  0.40%   

Shanghai's market value is the price at which a share of Shanghai stock trades on a public exchange. It measures the collective expectations of Shanghai investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Shanghai and determine expected loss or profit from investing in Shanghai over a given investment horizon. Please continue to Shanghai Correlation, Shanghai Volatility and Shanghai Alpha and Beta module to complement your research on Shanghai.
Symbol

Please note, there is a significant difference between Shanghai's value and its price as these two are different measures arrived at by different means. Investors typically determine Shanghai value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai'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.

Shanghai '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's index 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.
0.00
06/04/2021
No Change 0.00  0.0 
In 1 year 5 months and 24 days
11/26/2022
0.00
If you would invest  0.00  in Shanghai on June 4, 2021 and sell it all today you would earn a total of 0.00 from holding Shanghai or generate 0.0% return on investment in Shanghai over 540 days. More

Shanghai 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's index 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 upside and downside potential and time the market with a certain degree of confidence.

Shanghai Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai's standard deviation. In reality, there are many statistical measures that can use Shanghai historical prices to predict the future Shanghai's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Shanghai'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. Please use the tools below to analyze the current value of Shanghai in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3,1013,1023,103
Details
Intrinsic
Valuation
LowReal ValueHigh
3,0393,0403,412
Details
Naive
Forecast
LowNext ValueHigh
3,0833,0843,085
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,0803,0953,109
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai. Your research has to be compared to or analyzed against Shanghai's peers to derive any actionable benefits. When done correctly, Shanghai's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Shanghai.

Shanghai Backtested Returns

Shanghai owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0661, which indicates the index had -0.0661% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Shanghai exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what Shanghai's beta means in this case. the returns on MARKET and Shanghai are completely uncorrelated. Even though it is essential to pay attention to Shanghai current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Shanghai exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.18  

Very weak predictability

Shanghai has very weak predictability. Overlapping area represents the amount of predictability between Shanghai time series from 4th of June 2021 to 1st of March 2022 and 1st of March 2022 to 26th of November 2022. 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 price movement. The serial correlation of 0.18 indicates that over 18.0% of current Shanghai price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.12
Residual Average0.0
Price Variance10790.3

Shanghai lagged returns against current returns

Autocorrelation, which is Shanghai index'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's index expected returns. We can calculate the autocorrelation of Shanghai returns to help us make a trade decision. For example, suppose you find that Shanghai index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Shanghai 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 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai index over time.
   Current vs Lagged Prices   
Share
       Timeline  

Shanghai Lagged Returns

When evaluating Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai index have on its future price. Shanghai 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 autocorrelation shows the relationship between Shanghai index current value and its past values and can show if there is a momentum factor associated with investing in Shanghai.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shanghai without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please continue to Shanghai Correlation, Shanghai Volatility and Shanghai Alpha and Beta module to complement your research on Shanghai. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for Shanghai Index

When running Shanghai price analysis, check to measure Shanghai'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 Shanghai is operating at the current time. Most of Shanghai's value examination focuses on studying past and present price action to predict the probability of Shanghai's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shanghai's price. Additionally, you may evaluate how the addition of Shanghai to your portfolios can decrease your overall portfolio volatility.
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