JIANGSU NEW (China) Market Value

603693
  

CNY 13.27  0.18  1.38%   

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

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

JIANGSU NEW '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 JIANGSU NEW'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 JIANGSU NEW.
0.00
01/05/2021
No Change 0.00  0.0 
In 1 year 10 months and 22 days
11/26/2022
0.00
If you would invest  0.00  in JIANGSU NEW on January 5, 2021 and sell it all today you would earn a total of 0.00 from holding JIANGSU NEW ENERGY or generate 0.0% return on investment in JIANGSU NEW over 690 days. JIANGSU NEW is related to or competes with GUIYANG XINTIAN. Jiangsu New Energy Development Co., Ltd. invests in, develops, and manages wind, solar, and biomass power plants More

JIANGSU NEW 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 JIANGSU NEW'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 JIANGSU NEW ENERGY upside and downside potential and time the market with a certain degree of confidence.

JIANGSU NEW Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JIANGSU NEW's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JIANGSU NEW's standard deviation. In reality, there are many statistical measures that can use JIANGSU NEW historical prices to predict the future JIANGSU NEW's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of JIANGSU NEW'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 JIANGSU NEW in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.9213.2715.62
Details
Intrinsic
Valuation
LowReal ValueHigh
9.1011.4513.80
Details
Naive
Forecast
LowNext ValueHigh
11.5413.8916.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3412.9413.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JIANGSU NEW. Your research has to be compared to or analyzed against JIANGSU NEW's peers to derive any actionable benefits. When done correctly, JIANGSU NEW'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 JIANGSU NEW ENERGY.

JIANGSU NEW ENERGY Backtested Returns

JIANGSU NEW ENERGY retains Efficiency (Sharpe Ratio) of -0.0668, which attests that the entity had -0.0668% of return per unit of return volatility over the last 3 months. Macroaxis approach into determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. JIANGSU NEW exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out JIANGSU NEW ENERGY market risk adjusted performance of (0.72) to validate the risk estimate we provide.
The company owns a Beta (Systematic Risk) of 0.1978, which attests to not very significant fluctuations relative to the market. Let's try to break down what JIANGSU's beta means in this case. As returns on the market increase, JIANGSU NEW returns are expected to increase less than the market. However, during the bear market, the loss on holding JIANGSU NEW will be expected to be smaller as well. Even though it is essential to pay attention to JIANGSU NEW ENERGY existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach into determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. JIANGSU NEW exposes twenty-one different technical indicators, which can help you to evaluate its performance. JIANGSU NEW ENERGY has an expected return of -0.16%. Please be advised to check out JIANGSU NEW ENERGY mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if JIANGSU NEW ENERGY performance from the past will be repeated in the future.

Auto-correlation

    
  -0.49  

Modest reverse predictability

JIANGSU NEW ENERGY has modest reverse predictability. Overlapping area represents the amount of predictability between JIANGSU NEW time series from 5th of January 2021 to 16th of December 2021 and 16th of December 2021 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 JIANGSU NEW ENERGY price movement. The serial correlation of -0.49 indicates that about 49.0% of current JIANGSU NEW price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.62
Residual Average0.0
Price Variance7.92

JIANGSU NEW ENERGY lagged returns against current returns

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

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

JIANGSU NEW Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in JIANGSU NEW 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 JIANGSU NEW Correlation, JIANGSU NEW Volatility and JIANGSU NEW Alpha and Beta module to complement your research on JIANGSU NEW. Note that the JIANGSU NEW ENERGY information on this page should be used as a complementary analysis to other JIANGSU NEW'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for JIANGSU Stock analysis

When running JIANGSU NEW ENERGY price analysis, check to measure JIANGSU NEW'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 JIANGSU NEW is operating at the current time. Most of JIANGSU NEW's value examination focuses on studying past and present price action to predict the probability of JIANGSU NEW's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move JIANGSU NEW's price. Additionally, you may evaluate how the addition of JIANGSU NEW to your portfolios can decrease your overall portfolio volatility.
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JIANGSU NEW technical stock 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, stock market cycles, or different charting patterns.
A focus of JIANGSU NEW technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JIANGSU NEW trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...