BANK OF SUZHOU (China) Market Value

002966
  

CNY 6.75  0.01  0.15%   

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

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

BANK OF SUZHOU '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 BANK OF SUZHOU'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 BANK OF SUZHOU.
0.00
10/03/2021
No Change 0.00  0.0 
In 11 months and 27 days
09/28/2022
0.00
If you would invest  0.00  in BANK OF SUZHOU on October 3, 2021 and sell it all today you would earn a total of 0.00 from holding BANK OF SUZHOU or generate 0.0% return on investment in BANK OF SUZHOU over 360 days. Bank of Suzhou Co., Ltd. provides commercial banking products and services in Suzhou More

BANK OF SUZHOU 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 BANK OF SUZHOU'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 BANK OF SUZHOU upside and downside potential and time the market with a certain degree of confidence.

BANK OF SUZHOU Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BANK OF SUZHOU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BANK OF SUZHOU's standard deviation. In reality, there are many statistical measures that can use BANK OF SUZHOU historical prices to predict the future BANK OF SUZHOU's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BANK OF SUZHOU'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 BANK OF SUZHOU in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.106.758.40
Details
Intrinsic
Valuation
LowReal ValueHigh
5.427.078.72
Details
Naive
Forecast
LowNext ValueHigh
4.896.548.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.306.626.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BANK OF SUZHOU. Your research has to be compared to or analyzed against BANK OF SUZHOU's peers to derive any actionable benefits. When done correctly, BANK OF SUZHOU'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 BANK OF SUZHOU.

BANK OF SUZHOU Backtested Returns

BANK OF SUZHOU appears to be not too volatile, given 3 months investment horizon. BANK OF SUZHOU secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of risk over the last 3 months. Our approach towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BANK OF SUZHOU, which you can use to evaluate the future volatility of the entity. Please makes use of BANK OF SUZHOU's Mean Deviation of 1.02, coefficient of variation of 893.13, and Semi Deviation of 1.01 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, BANK OF SUZHOU holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0204, which signifies not very significant fluctuations relative to the market. Let's try to break down what 002966's beta means in this case. As returns on the market increase, BANK OF SUZHOU returns are expected to increase less than the market. However, during the bear market, the loss on holding BANK OF SUZHOU will be expected to be smaller as well. Although it is important to respect BANK OF SUZHOU historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining BANK OF SUZHOU technical indicators, you can right now evaluate if the expected return of 0.2% will be sustainable into the future. Please makes use of BANK OF SUZHOU coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to make a quick decision on whether BANK OF SUZHOU price patterns will revert.

Auto-correlation

    
  0.34  

Below average predictability

BANK OF SUZHOU has below average predictability. Overlapping area represents the amount of predictability between BANK OF SUZHOU time series from 3rd of October 2021 to 1st of April 2022 and 1st of April 2022 to 28th of September 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 BANK OF SUZHOU price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current BANK OF SUZHOU price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test-0.2
Residual Average0.0
Price Variance0.1

BANK OF SUZHOU lagged returns against current returns

Autocorrelation, which is BANK OF SUZHOU 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 BANK OF SUZHOU's stock expected returns. We can calculate the autocorrelation of BANK OF SUZHOU returns to help us make a trade decision. For example, suppose you find that BANK OF SUZHOU stock 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  

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

BANK OF SUZHOU Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in BANK OF SUZHOU 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.

Did you try this?

Run Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

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.
Explore Thematic Ideas
Explore Investing Ideas  
Please continue to BANK OF SUZHOU Correlation, BANK OF SUZHOU Volatility and BANK OF SUZHOU Alpha and Beta module to complement your research on BANK OF SUZHOU. Note that the BANK OF SUZHOU information on this page should be used as a complementary analysis to other BANK OF SUZHOU's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for 002966 Stock

When running BANK OF SUZHOU price analysis, check to measure BANK OF SUZHOU'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 BANK OF SUZHOU is operating at the current time. Most of BANK OF SUZHOU's value examination focuses on studying past and present price action to predict the probability of BANK OF SUZHOU's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BANK OF SUZHOU's price. Additionally, you may evaluate how the addition of BANK OF SUZHOU to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
CEO Directory
Screen CEOs from public companies around the world
Go