XUNLEI SP (Germany) Market Value
| 4XN Stock | EUR 3.76 0.02 0.53% |
| Symbol | XUNLEI |
XUNLEI SP '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 XUNLEI SP'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 XUNLEI SP.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in XUNLEI SP on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding XUNLEI SP ADS A or generate 0.0% return on investment in XUNLEI SP over 90 days. XUNLEI SP is related to or competes with BJs Restaurants, NORWEGIAN AIR, AviChina Industry, Alfa Financial, Norwegian Air, Kingdee International, and SMA Solar. More
XUNLEI SP 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 XUNLEI SP'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 XUNLEI SP ADS A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.03 | |||
| Information Ratio | 0.0595 | |||
| Maximum Drawdown | 38.61 | |||
| Value At Risk | (6.02) | |||
| Potential Upside | 10.48 |
XUNLEI SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XUNLEI SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XUNLEI SP's standard deviation. In reality, there are many statistical measures that can use XUNLEI SP historical prices to predict the future XUNLEI SP's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.4725 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0591 | |||
| Treynor Ratio | 4.39 |
XUNLEI SP ADS Backtested Returns
XUNLEI SP appears to be very risky, given 3 months investment horizon. XUNLEI SP ADS shows Sharpe Ratio of 0.0729, which attests that the company had a 0.0729 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for XUNLEI SP ADS, which you can use to evaluate the volatility of the company. Please utilize XUNLEI SP's Risk Adjusted Performance of 0.086, downside deviation of 6.03, and Mean Deviation of 4.28 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, XUNLEI SP holds a performance score of 5. The firm maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, XUNLEI SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding XUNLEI SP is expected to be smaller as well. Please check XUNLEI SP's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether XUNLEI SP's historical returns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
XUNLEI SP ADS A has good reverse predictability. Overlapping area represents the amount of predictability between XUNLEI SP time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 XUNLEI SP ADS price movement. The serial correlation of -0.53 indicates that about 53.0% of current XUNLEI SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
XUNLEI SP ADS lagged returns against current returns
Autocorrelation, which is XUNLEI SP 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 XUNLEI SP's stock expected returns. We can calculate the autocorrelation of XUNLEI SP returns to help us make a trade decision. For example, suppose you find that XUNLEI SP 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 |
XUNLEI SP 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 XUNLEI SP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XUNLEI SP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XUNLEI SP stock over time.
Current vs Lagged Prices |
| Timeline |
XUNLEI SP Lagged Returns
When evaluating XUNLEI SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XUNLEI SP stock have on its future price. XUNLEI SP 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, XUNLEI SP autocorrelation shows the relationship between XUNLEI SP stock current value and its past values and can show if there is a momentum factor associated with investing in XUNLEI SP ADS A.
Regressed Prices |
| Timeline |
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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 XUNLEI Stock
XUNLEI SP financial ratios help investors to determine whether XUNLEI 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 XUNLEI with respect to the benefits of owning XUNLEI SP security.