CITIC Pacific (China) Market Value
| 000708 Stock | 12.61 0.04 0.32% |
| Symbol | CITIC |
CITIC Pacific '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 CITIC Pacific'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 CITIC Pacific.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in CITIC Pacific on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding CITIC Pacific Special or generate 0.0% return on investment in CITIC Pacific over 90 days. CITIC Pacific is related to or competes with Muyuan Foodstuff, Hubei Yingtong, New Hope, JuneYao Dairy, Guilin Seamild, Chacha Food, and Guangdong Wens. CITIC Pacific is entity of China. It is traded as Stock on SHE exchange. More
CITIC Pacific 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 CITIC Pacific'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 CITIC Pacific Special upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.0607 | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.91 |
CITIC Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIC Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIC Pacific's standard deviation. In reality, there are many statistical measures that can use CITIC Pacific historical prices to predict the future CITIC Pacific's volatility.| Risk Adjusted Performance | 0.1805 | |||
| Jensen Alpha | 0.1796 | |||
| Total Risk Alpha | 0.0457 | |||
| Sortino Ratio | 0.0617 | |||
| Treynor Ratio | 1.57 |
CITIC Pacific Special Backtested Returns
At this point, CITIC Pacific is very steady. CITIC Pacific Special secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CITIC Pacific Special, which you can use to evaluate the volatility of the firm. Please confirm CITIC Pacific's mean deviation of 0.7997, and Risk Adjusted Performance of 0.1805 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. CITIC Pacific has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CITIC Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding CITIC Pacific is expected to be smaller as well. CITIC Pacific Special now shows a risk of 1.03%. Please confirm CITIC Pacific Special standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if CITIC Pacific Special will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
CITIC Pacific Special has good reverse predictability. Overlapping area represents the amount of predictability between CITIC Pacific time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CITIC Pacific Special price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current CITIC Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
CITIC Pacific Special lagged returns against current returns
Autocorrelation, which is CITIC Pacific 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 CITIC Pacific's stock expected returns. We can calculate the autocorrelation of CITIC Pacific returns to help us make a trade decision. For example, suppose you find that CITIC Pacific 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 |
CITIC Pacific 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 CITIC Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIC Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIC Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
CITIC Pacific Lagged Returns
When evaluating CITIC Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIC Pacific stock have on its future price. CITIC Pacific 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, CITIC Pacific autocorrelation shows the relationship between CITIC Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in CITIC Pacific Special.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CITIC Stock
CITIC Pacific financial ratios help investors to determine whether CITIC 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 CITIC with respect to the benefits of owning CITIC Pacific security.