China International Capital Stock Market Value
| CNICF Stock | USD 1.31 0.00 0.00% |
| Symbol | China |
China International '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 China International's 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 China International.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in China International on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding China International Capital or generate 0.0% return on investment in China International over 30 days. China International is related to or competes with First Tractor, Ag Growth, AmeraMex International, Arts Way, Buhler Industries, Textainer Group, and Austin Engineering. China International Capital Corporation Limited provides financial services in Mainland China and internationally More
China International 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 China International's 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 China International Capital upside and downside potential and time the market with a certain degree of confidence.
China International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China International's standard deviation. In reality, there are many statistical measures that can use China International historical prices to predict the future China International's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China International'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.
China International Backtested Returns
We have found three technical indicators for China International Capital, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China International are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
China International Capital has no correlation between past and present. Overlapping area represents the amount of predictability between China International time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. 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 International price movement. The serial correlation of 0.0 indicates that just 0.0% of current China International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China International lagged returns against current returns
Autocorrelation, which is China International 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 China International's pink sheet expected returns. We can calculate the autocorrelation of China International returns to help us make a trade decision. For example, suppose you find that China International 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 |
China International 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 China International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China International Lagged Returns
When evaluating China International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China International pink sheet have on its future price. China International 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, China International autocorrelation shows the relationship between China International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China International Capital.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China International's short interest history, or implied volatility extrapolated from China International options trading.
Pair Trading with China International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China International Capital to buy it.
The correlation of China International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out China International Correlation, China International Volatility and China International Alpha and Beta module to complement your research on China International. Note that the China International information on this page should be used as a complementary analysis to other China International'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 the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for China Pink Sheet analysis
When running China International's price analysis, check to measure China International'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 China International is operating at the current time. Most of China International's value examination focuses on studying past and present price action to predict the probability of China International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China International's price. Additionally, you may evaluate how the addition of China International to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
China International technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.