CHINA LIFE (Hong Kong) Backtesting

    CHINA LIFE -- Hong Kong Stock  

    HKD 24.5  0.55  2.3%

    With this equity back-testing module your can estimate the performance of a buy and hold strategy of CHINA LIFE and determine expected loss or profit from investing in CHINA LIFE over given investment horizon. Check also CHINA LIFE Hype Analysis, CHINA LIFE Correlation, CHINA LIFE Valuation, CHINA LIFE Volatility as well as analyze CHINA LIFE Alpha and Beta and CHINA LIFE Performance
    Investment Horizon     30 Days    Login   to change

    CHINA LIFE 'What if' Analysis

    November 17, 2017
    No Change 0.00  0.0%
    In 31 days
    December 17, 2017
    If you would invest  0.00  in CHINA LIFE on November 17, 2017 and sell it all today you would earn a total of 0.00 from holding CHINA LIFE or generate 0.0% return on investment in CHINA LIFE over 30 days. CHINA LIFE is related to or competes with NCI, HUISHANG BANK, CPIC, CC SECURITIES, and Value Partners. CHINA LIFE operates in four segments Life Insurance Health Insurance Accident Insurance and Other

    CHINA LIFE Upside/Downside Indicators


    CHINA LIFE Market Premium Indicators

    CHINA LIFE lagged returns against current returns

     Current and Lagged Values 

    CHINA LIFE regressed lagged prices vs. current prices

     Current vs Lagged Prices 

    CHINA LIFE Backtested Returns

    Macroaxis considers CHINA LIFE to be not too volatile. CHINA LIFE secures Sharpe Ratio (or Efficiency) of -0.3181 which signifies that CHINA LIFE had -0.3181% of return per unit of return volatility over the last 1 month. Macroaxis approach into foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. CHINA LIFE exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CHINA LIFE Risk Adjusted Performance of (0.14) and Mean Deviation of 1.22 to double-check risk estimate we provide. Macroaxis gives CHINA LIFE performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.2483 which signifies that as returns on market increase, CHINA LIFE returns are expected to increase less than the market. However during bear market, the loss on holding CHINA LIFE will be expected to be smaller as well.. Even though it is essential to pay attention to CHINA LIFE historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CHINA LIFE exposes twenty-one different technical indicators which can help you to evaluate its performance. CHINA LIFE has expected return of -0.5295%. Please be advised to confirm CHINA LIFE Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if CHINA LIFE past performance will be repeated in the future.
    Advice Volatility Trend Exposure Correlations
    15 days auto-correlation 0.14 

    Insignificant predictability

    CHINA LIFE has insignificant predictability. Overlapping area represents the amount of predictability between CHINA LIFE time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CHINA LIFE price movement. The serial correlation of 0.14 indicates that less than 14.0% of current CHINA LIFE price fluctuation can be explain by its past prices.
    Correlation Coefficient 0.14
    Spearman Rank Test -0.02
    Price Variance 0.2
    Lagged Price Variance 0.36

    CHINA LIFE Lagged Returns

     Regressed Prices 

    CHINA LIFE Performance vs Hang Seng

    The median price of CHINA LIFE for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 25.45 with a coefficient of variation of 4.36. The daily time series for the period is distributed with a sample standard deviation of 1.12, arithmetic mean of 25.66, and mean deviation of 0.99. The Stock received some media coverage during the period.
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