AIR CHINA's market value is the price at which a share of AIR CHINA trades on a public exchange. It measures the collective expectations of AIR CHINA LTD investors about its performance. AIR CHINA is trading at 11.40 as of the 11th of July 2025. This is a 3.64% up since the beginning of the trading day. The stock's lowest day price was 11.4. With this module, you can estimate the performance of a buy and hold strategy of AIR CHINA LTD and determine expected loss or profit from investing in AIR CHINA over a given investment horizon. Check out AIR CHINA Correlation, AIR CHINA Volatility and AIR CHINA Alpha and Beta module to complement your research on AIR CHINA.
Please note, there is a significant difference between AIR CHINA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AIR CHINA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AIR CHINA'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.
AIR CHINA '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 AIR CHINA'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 AIR CHINA.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AIR CHINA'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 AIR CHINA LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AIR CHINA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AIR CHINA's standard deviation. In reality, there are many statistical measures that can use AIR CHINA historical prices to predict the future AIR CHINA's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AIR CHINA. Your research has to be compared to or analyzed against AIR CHINA's peers to derive any actionable benefits. When done correctly, AIR CHINA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AIR CHINA LTD.
AIR CHINA LTD Backtested Returns
AIR CHINA appears to be not too volatile, given 3 months investment horizon. AIR CHINA LTD secures Sharpe Ratio (or Efficiency) of 0.0956, which signifies that the company had a 0.0956 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AIR CHINA LTD, which you can use to evaluate the volatility of the firm. Please makes use of AIR CHINA's risk adjusted performance of 0.0833, and Mean Deviation of 2.13 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AIR CHINA holds a performance score of 7. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AIR CHINA's returns are expected to increase less than the market. However, during the bear market, the loss of holding AIR CHINA is expected to be smaller as well. Please check AIR CHINA's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether AIR CHINA's price patterns will revert.
Auto-correlation
0.05
Virtually no predictability
AIR CHINA LTD has virtually no predictability. Overlapping area represents the amount of predictability between AIR CHINA time series from 11th of June 2025 to 26th of June 2025 and 26th of June 2025 to 11th 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 AIR CHINA LTD price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current AIR CHINA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
0.03
Residual Average
0.0
Price Variance
0.18
AIR CHINA LTD lagged returns against current returns
Autocorrelation, which is AIR CHINA 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 AIR CHINA's stock expected returns. We can calculate the autocorrelation of AIR CHINA returns to help us make a trade decision. For example, suppose you find that AIR CHINA 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
AIR CHINA 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 AIR CHINA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AIR CHINA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AIR CHINA stock over time.
Current vs Lagged Prices
Timeline
AIR CHINA Lagged Returns
When evaluating AIR CHINA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AIR CHINA stock have on its future price. AIR CHINA 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, AIR CHINA autocorrelation shows the relationship between AIR CHINA stock current value and its past values and can show if there is a momentum factor associated with investing in AIR CHINA LTD.
AIR CHINA financial ratios help investors to determine whether AIR 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 AIR with respect to the benefits of owning AIR CHINA security.