Citic Securities Stock Market Value
CIIHF Stock | USD 3.03 0.00 0.00% |
Symbol | CITIC |
CITIC Securities '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 Securities' pink sheet 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 Securities.
04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in CITIC Securities on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding CITIC Securities or generate 0.0% return on investment in CITIC Securities over 90 days. CITIC Securities is related to or competes with CITIC Securities, Up Fintech, Futu Holdings, Bit Digital, Xp, Magic Empire, and Applied Digital. CITIC Securities Company Limited provides various financial products and services in Mainland China and internationally More
CITIC Securities 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 Securities' pink sheet 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 Securities upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | 0.0601 | |||
Maximum Drawdown | 18.82 |
CITIC Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CITIC Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CITIC Securities' standard deviation. In reality, there are many statistical measures that can use CITIC Securities historical prices to predict the future CITIC Securities' volatility.Risk Adjusted Performance | 0.1207 | |||
Jensen Alpha | 0.2392 | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | 1.04 |
CITIC Securities Backtested Returns
CITIC Securities appears to be moderately volatile, given 3 months investment horizon. CITIC Securities secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of volatility over the last 3 months. We have found sixteen technical indicators for CITIC Securities, which you can use to evaluate the volatility of the firm. Please makes use of CITIC Securities' risk adjusted performance of 0.1207, and Mean Deviation of 0.5618 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CITIC Securities holds a performance score of 10. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CITIC Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding CITIC Securities is expected to be smaller as well. Please check CITIC Securities' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether CITIC Securities' price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
CITIC Securities has no correlation between past and present. Overlapping area represents the amount of predictability between CITIC Securities time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Securities price movement. The serial correlation of 0.0 indicates that just 0.0% of current CITIC Securities price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.05 |
CITIC Securities lagged returns against current returns
Autocorrelation, which is CITIC Securities pink sheet'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 Securities' pink sheet expected returns. We can calculate the autocorrelation of CITIC Securities returns to help us make a trade decision. For example, suppose you find that CITIC Securities has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Securities 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 Securities pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CITIC Securities pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CITIC Securities pink sheet over time.
Current vs Lagged Prices |
Timeline |
CITIC Securities Lagged Returns
When evaluating CITIC Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CITIC Securities pink sheet have on its future price. CITIC Securities 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 Securities autocorrelation shows the relationship between CITIC Securities pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CITIC Securities.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CITIC Pink Sheet
CITIC Securities financial ratios help investors to determine whether CITIC Pink Sheet 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 Securities security.