SHANGHAI ELECT (Germany) Market Value
| USR Stock | EUR 0.36 0.01 2.86% |
| Symbol | SHANGHAI |
SHANGHAI ELECT '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 ELECT'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 ELECT.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in SHANGHAI ELECT on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding SHANGHAI ELECT H or generate 0.0% return on investment in SHANGHAI ELECT over 90 days. SHANGHAI ELECT is related to or competes with ATRESMEDIA, BRIT AMER, Prosiebensat, REMEDY ENTERTAINMENT, Nexstar Media, PRECISION DRILLING, and Japan Tobacco. More
SHANGHAI ELECT 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 ELECT'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 ELECT H upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1143 | |||
| Maximum Drawdown | 9.89 | |||
| Potential Upside | 3.45 |
SHANGHAI ELECT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHANGHAI ELECT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHANGHAI ELECT's standard deviation. In reality, there are many statistical measures that can use SHANGHAI ELECT historical prices to predict the future SHANGHAI ELECT's volatility.| Risk Adjusted Performance | 0.2212 | |||
| Jensen Alpha | 0.48 | |||
| Total Risk Alpha | 0.0101 | |||
| Treynor Ratio | (0.98) |
SHANGHAI ELECT H Backtested Returns
SHANGHAI ELECT appears to be abnormally volatile, given 3 months investment horizon. SHANGHAI ELECT H retains Efficiency (Sharpe Ratio) of 0.24, which indicates the firm had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for SHANGHAI ELECT, which you can use to evaluate the volatility of the company. Please review SHANGHAI ELECT's standard deviation of 1.67, and Risk Adjusted Performance of 0.2212 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SHANGHAI ELECT holds a performance score of 19. The entity owns a Beta (Systematic Risk) of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SHANGHAI ELECT are expected to decrease at a much lower rate. During the bear market, SHANGHAI ELECT is likely to outperform the market. Please check SHANGHAI ELECT's variance, kurtosis, period momentum indicator, as well as the relationship between the total risk alpha and day median price , to make a quick decision on whether SHANGHAI ELECT's current price history will revert.
Auto-correlation | 0.23 |
Weak predictability
SHANGHAI ELECT H has weak predictability. Overlapping area represents the amount of predictability between SHANGHAI ELECT time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 SHANGHAI ELECT H price movement. The serial correlation of 0.23 indicates that over 23.0% of current SHANGHAI ELECT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SHANGHAI ELECT H lagged returns against current returns
Autocorrelation, which is SHANGHAI ELECT 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 ELECT's stock expected returns. We can calculate the autocorrelation of SHANGHAI ELECT returns to help us make a trade decision. For example, suppose you find that SHANGHAI ELECT 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 |
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SHANGHAI ELECT 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 ELECT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHANGHAI ELECT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHANGHAI ELECT stock over time.
Current vs Lagged Prices |
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SHANGHAI ELECT Lagged Returns
When evaluating SHANGHAI ELECT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHANGHAI ELECT stock have on its future price. SHANGHAI ELECT 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 ELECT autocorrelation shows the relationship between SHANGHAI ELECT stock current value and its past values and can show if there is a momentum factor associated with investing in SHANGHAI ELECT H .
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SHANGHAI Stock Analysis
When running SHANGHAI ELECT's price analysis, check to measure SHANGHAI ELECT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SHANGHAI ELECT is operating at the current time. Most of SHANGHAI ELECT's value examination focuses on studying past and present price action to predict the probability of SHANGHAI ELECT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHANGHAI ELECT's price. Additionally, you may evaluate how the addition of SHANGHAI ELECT to your portfolios can decrease your overall portfolio volatility.