Chengdu Screen (China) Market Value
| 688053 Stock | 30.15 0.56 1.89% |
| Symbol | Chengdu |
Chengdu Screen '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 Chengdu Screen'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 Chengdu Screen.
| 09/03/2025 |
| 12/02/2025 |
If you would invest 0.00 in Chengdu Screen on September 3, 2025 and sell it all today you would earn a total of 0.00 from holding Chengdu Screen Micro Electronics or generate 0.0% return on investment in Chengdu Screen over 90 days. Chengdu Screen is related to or competes with Zhejiang Kingland, Vohringer Home, Wankai New, Guangzhou Tinci, Xilinmen Furniture, UE Furniture, and Jilin OLED. More
Chengdu Screen 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 Chengdu Screen'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 Chengdu Screen Micro Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.11 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.83 |
Chengdu Screen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chengdu Screen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chengdu Screen's standard deviation. In reality, there are many statistical measures that can use Chengdu Screen historical prices to predict the future Chengdu Screen's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (2.71) |
Chengdu Screen Micro Backtested Returns
Chengdu Screen Micro secures Sharpe Ratio (or Efficiency) of -0.0542, which signifies that the company had a -0.0542 % return per unit of standard deviation over the last 3 months. Chengdu Screen Micro Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chengdu Screen's risk adjusted performance of (0.06), and Mean Deviation of 1.54 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0838, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chengdu Screen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chengdu Screen is expected to be smaller as well. At this point, Chengdu Screen Micro has a negative expected return of -0.13%. Please make sure to confirm Chengdu Screen's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Chengdu Screen Micro performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Chengdu Screen Micro Electronics has virtually no predictability. Overlapping area represents the amount of predictability between Chengdu Screen time series from 3rd of September 2025 to 18th of October 2025 and 18th of October 2025 to 2nd of December 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 Chengdu Screen Micro price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Chengdu Screen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Chengdu Screen Micro lagged returns against current returns
Autocorrelation, which is Chengdu Screen 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 Chengdu Screen's stock expected returns. We can calculate the autocorrelation of Chengdu Screen returns to help us make a trade decision. For example, suppose you find that Chengdu Screen 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 |
Chengdu Screen 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 Chengdu Screen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chengdu Screen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chengdu Screen stock over time.
Current vs Lagged Prices |
| Timeline |
Chengdu Screen Lagged Returns
When evaluating Chengdu Screen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chengdu Screen stock have on its future price. Chengdu Screen 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, Chengdu Screen autocorrelation shows the relationship between Chengdu Screen stock current value and its past values and can show if there is a momentum factor associated with investing in Chengdu Screen Micro Electronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Chengdu Stock
Chengdu Screen financial ratios help investors to determine whether Chengdu 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 Chengdu with respect to the benefits of owning Chengdu Screen security.