Shanghai Haixin (China) Market Value
| 900917 Stock | 0.27 0.01 3.57% |
| Symbol | Shanghai |
Shanghai Haixin '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 Shanghai Haixin'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 Shanghai Haixin.
| 07/22/2025 |
| 10/20/2025 |
If you would invest 0.00 in Shanghai Haixin on July 22, 2025 and sell it all today you would earn a total of 0.00 from holding Shanghai Haixin Group or generate 0.0% return on investment in Shanghai Haixin over 90 days. Shanghai Haixin is related to or competes with Guolin Environmental, Dongjiang Environmental, Inspur Software, Hangzhou Guotai, Changjiang Jinggong, Shengyuan Environmental, and China National. Shanghai Haixin is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Haixin 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 Shanghai Haixin'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 Shanghai Haixin Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.7 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.57 |
Shanghai Haixin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai Haixin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Haixin's standard deviation. In reality, there are many statistical measures that can use Shanghai Haixin historical prices to predict the future Shanghai Haixin's volatility.| Risk Adjusted Performance | 0.0124 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0588 |
Shanghai Haixin Group Backtested Returns
Shanghai Haixin Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0227, which indicates the firm had a -0.0227 % return per unit of risk over the last 3 months. Shanghai Haixin Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanghai Haixin's Semi Deviation of 1.39, risk adjusted performance of 0.0124, and Coefficient Of Variation of 10866.27 to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Haixin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Haixin is expected to be smaller as well. At this point, Shanghai Haixin Group has a negative expected return of -0.0435%. Please make sure to validate Shanghai Haixin's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shanghai Haixin Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Shanghai Haixin Group has good reverse predictability. Overlapping area represents the amount of predictability between Shanghai Haixin time series from 22nd of July 2025 to 5th of September 2025 and 5th of September 2025 to 20th of October 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 Shanghai Haixin Group price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Shanghai Haixin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shanghai Haixin Group lagged returns against current returns
Autocorrelation, which is Shanghai Haixin 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 Shanghai Haixin's stock expected returns. We can calculate the autocorrelation of Shanghai Haixin returns to help us make a trade decision. For example, suppose you find that Shanghai Haixin 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 |
Shanghai Haixin 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 Shanghai Haixin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Haixin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Haixin stock over time.
Current vs Lagged Prices |
| Timeline |
Shanghai Haixin Lagged Returns
When evaluating Shanghai Haixin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Haixin stock have on its future price. Shanghai Haixin 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, Shanghai Haixin autocorrelation shows the relationship between Shanghai Haixin stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Haixin Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shanghai Stock
Shanghai Haixin financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Haixin security.