China Stock Market Value

CYD
 Stock
  

USD 7.50  0.07  0.92%   

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


Is China Yuchai's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Yuchai. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Yuchai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.63) 
Market Capitalization
305.6 M
Quarterly Revenue Growth YOY
(0.32) 
Return On Assets
0.0126
The market value of China Yuchai Interna is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Yuchai's value that differs from its market value or its book value, called intrinsic value, which is China Yuchai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Yuchai's market value can be influenced by many factors that don't directly affect China Yuchai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Yuchai's value and its price as these two are different measures arrived at by different means. Investors typically determine China Yuchai value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yuchai'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.

China Yuchai '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 China Yuchai'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 China Yuchai.
0.00
12/08/2021
No Change 0.00  0.0 
In 11 months and 27 days
12/03/2022
0.00
If you would invest  0.00  in China Yuchai on December 8, 2021 and sell it all today you would earn a total of 0.00 from holding China Yuchai International or generate 0.0% return on investment in China Yuchai over 360 days. China Yuchai is related to or competes with American Superconductor, Smith AO, Ballard Power, Babcock Wilcox, Broadwind Energy, Capstone Green, and CIRCOR International. China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas ... More

China Yuchai 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 China Yuchai'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 China Yuchai International upside and downside potential and time the market with a certain degree of confidence.

China Yuchai Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China Yuchai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Yuchai's standard deviation. In reality, there are many statistical measures that can use China Yuchai historical prices to predict the future China Yuchai's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of China Yuchai'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 China Yuchai in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.647.509.36
Details
Intrinsic
Valuation
LowReal ValueHigh
6.7511.3913.25
Details
1 Analysts
Consensus
LowTarget PriceHigh
23.0023.0023.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
1.281.281.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Yuchai. Your research has to be compared to or analyzed against China Yuchai's peers to derive any actionable benefits. When done correctly, China Yuchai'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 China Yuchai Interna.

China Yuchai Interna Backtested Returns

China Yuchai Interna secures Sharpe Ratio (or Efficiency) of -0.057, which signifies that the company had -0.057% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. China Yuchai International exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm China Yuchai Interna mean deviation of 1.44, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.5721, which signifies possible diversification benefits within a given portfolio. Let's try to break down what China's beta means in this case. As returns on the market increase, China Yuchai returns are expected to increase less than the market. However, during the bear market, the loss on holding China Yuchai will be expected to be smaller as well. Even though it is essential to pay attention to China Yuchai Interna historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. China Yuchai International exposes twenty-one different technical indicators, which can help you to evaluate its performance. China Yuchai Interna has an expected return of -0.11%. Please be advised to confirm China Yuchai Interna variance, as well as the relationship between the maximum drawdown and semi variance to decide if China Yuchai Interna performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.57  

Modest predictability

China Yuchai International has modest predictability. Overlapping area represents the amount of predictability between China Yuchai time series from 8th of December 2021 to 6th of June 2022 and 6th of June 2022 to 3rd of December 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 China Yuchai Interna price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current China Yuchai price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.63
Residual Average0.0
Price Variance0.75

China Yuchai Interna lagged returns against current returns

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

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

China Yuchai Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in China Yuchai 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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Pair Trading with China Yuchai

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Yuchai position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Yuchai will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Yuchai

+0.67ACTGAcacia Research Aggressive PushPairCorr

Moving against China Yuchai

-0.58REVGRev Group Fiscal Year End 21st of December 2022 PairCorr
The ability to find closely correlated positions to China Yuchai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Yuchai when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Yuchai - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Yuchai International to buy it.
The correlation of China Yuchai is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Yuchai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Yuchai Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Yuchai can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to China Yuchai Correlation, China Yuchai Volatility and China Yuchai Alpha and Beta module to complement your research on China Yuchai. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running China Yuchai Interna price analysis, check to measure China Yuchai'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 China Yuchai is operating at the current time. Most of China Yuchai's value examination focuses on studying past and present price action to predict the probability of China Yuchai's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move China Yuchai's price. Additionally, you may evaluate how the addition of China Yuchai to your portfolios can decrease your overall portfolio volatility.
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China Yuchai 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 China Yuchai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Yuchai 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...