Shanghai (China) Market Value

000001 -  China Index  

 3,464  66.93  1.97%

Shanghai's market value is the price at which a share of Shanghai stock trades on a public exchange. It measures the collective expectations of Shanghai investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Shanghai and determine expected loss or profit from investing in Shanghai over a given investment horizon. Please continue to Shanghai Hype Analysis, Shanghai Correlation, Portfolio Optimization, Shanghai Volatility, as well as analyze Shanghai Alpha and Beta and Shanghai Performance.
Symbol
Backtest

Please note, there is a significant difference between Shanghai's value and its price as these two are different measures arrived at by different means. Investors typically determine Shanghai value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai'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.

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 Shanghai's index 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.
0.00
06/03/2021
No Change 0.00  0.0 
In 2 months and 2 days
08/02/2021
0.00
If you would invest  0.00  in Shanghai on June 3, 2021 and sell it all today you would earn a total of 0.00 from holding Shanghai or generate 0.0% return on investment in Shanghai over 60 days.

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 Shanghai's index 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 upside and downside potential and time the market with a certain degree of confidence.

Shanghai Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shanghai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai's standard deviation. In reality, there are many statistical measures that can use Shanghai historical prices to predict the future Shanghai's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Shanghai's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Shanghai in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3,4633,4643,465
Details
Intrinsic
Valuation
LowReal ValueHigh
3,1183,4793,480
Details
Naive
Forecast
LowNext ValueHigh
3,3433,3433,344
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,3343,4033,473
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai. Your research has to be compared to or analyzed against Shanghai's peers to derive any actionable benefits. When done correctly, Shanghai's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Shanghai.

Shanghai Backtested Returns

Shanghai owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0163, which indicates the index had 0.0163% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Shanghai, which you can use to evaluate the future volatility of the index.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what Shanghai's beta means in this case. the returns on MARKET and Shanghai are completely uncorrelated. Although it is extremely important to respect Shanghai current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Shanghai technical indicators, you can presently evaluate if the expected return of 0.0141% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.45)   

Modest reverse predictability

Shanghai has modest reverse predictability. Overlapping area represents the amount of predictability between Shanghai time series from 3rd of June 2021 to 3rd of July 2021 and 3rd of July 2021 to 2nd of August 2021. 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 price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Shanghai price fluctuation can be explain by its past prices. Given that Shanghai has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Shanghai for similar time interval.
Correlation Coefficient-0.45
Spearman Rank Test-0.43
Residual Average0.0
Price Variance4212.79

Shanghai lagged returns against current returns

Autocorrelation, which is Shanghai index'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's index expected returns. We can calculate the autocorrelation of Shanghai returns to help us make a trade decision. For example, suppose you find that Shanghai index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

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 Shanghai index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai index over time.
 Current vs Lagged Prices 
Share
      Timeline 

Shanghai Lagged Returns

When evaluating Shanghai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai index have on its future price. 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, Shanghai autocorrelation shows the relationship between Shanghai index current value and its past values and can show if there is a momentum factor associated with investing in Shanghai.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shanghai without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please continue to Shanghai Hype Analysis, Shanghai Correlation, Portfolio Optimization, Shanghai Volatility, as well as analyze Shanghai Alpha and Beta and Shanghai Performance. Note that the Shanghai information on this page should be used as a complementary analysis to other Shanghai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for Shanghai Index

When running Shanghai price analysis, check to measure Shanghai'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 is operating at the current time. Most of Shanghai's value examination focuses on studying past and present price action to predict the probability of Shanghai's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shanghai's price. Additionally, you may evaluate how the addition of Shanghai to your portfolios can decrease your overall portfolio volatility.
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