Sinopec Shanghai (Germany) Market Value
| SGJH Stock | EUR 0.15 0.01 7.14% |
| Symbol | Sinopec |
Sinopec Shanghai '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 Sinopec Shanghai'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 Sinopec Shanghai.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Sinopec Shanghai on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Sinopec Shanghai Petrochemical or generate 0.0% return on investment in Sinopec Shanghai over 90 days. Sinopec Shanghai is related to or competes with Reliance Industries, Marathon Petroleum, Valero Energy, Phillips, NESTE OYJ, ENEOS Holdings, and PTT OILRETBUS. Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical pro... More
Sinopec Shanghai 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 Sinopec Shanghai'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 Sinopec Shanghai Petrochemical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0386 | |||
| Maximum Drawdown | 25.32 | |||
| Potential Upside | 7.69 |
Sinopec Shanghai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopec Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinopec Shanghai's standard deviation. In reality, there are many statistical measures that can use Sinopec Shanghai historical prices to predict the future Sinopec Shanghai's volatility.| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 0.2436 | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 1.14 |
Sinopec Shanghai Pet Backtested Returns
At this point, Sinopec Shanghai is out of control. Sinopec Shanghai Pet owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0497, which indicates the firm had a 0.0497 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Sinopec Shanghai Petrochemical, which you can use to evaluate the volatility of the company. Please validate Sinopec Shanghai's Variance of 14.01, coefficient of variation of 1312.61, and Risk Adjusted Performance of 0.0787 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Sinopec Shanghai has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sinopec Shanghai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinopec Shanghai is expected to be smaller as well. Sinopec Shanghai Pet right now has a risk of 3.73%. Please validate Sinopec Shanghai maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Sinopec Shanghai will be following its existing price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Sinopec Shanghai Petrochemical has very weak predictability. Overlapping area represents the amount of predictability between Sinopec Shanghai time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Sinopec Shanghai Pet price movement. The serial correlation of 0.18 indicates that over 18.0% of current Sinopec Shanghai price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sinopec Shanghai Pet lagged returns against current returns
Autocorrelation, which is Sinopec Shanghai 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 Sinopec Shanghai's stock expected returns. We can calculate the autocorrelation of Sinopec Shanghai returns to help us make a trade decision. For example, suppose you find that Sinopec Shanghai 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 |
Sinopec Shanghai 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 Sinopec Shanghai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinopec Shanghai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinopec Shanghai stock over time.
Current vs Lagged Prices |
| Timeline |
Sinopec Shanghai Lagged Returns
When evaluating Sinopec Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinopec Shanghai stock have on its future price. Sinopec Shanghai 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, Sinopec Shanghai autocorrelation shows the relationship between Sinopec Shanghai stock current value and its past values and can show if there is a momentum factor associated with investing in Sinopec Shanghai Petrochemical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sinopec Stock
Sinopec Shanghai financial ratios help investors to determine whether Sinopec 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 Sinopec with respect to the benefits of owning Sinopec Shanghai security.