Zhong Yang Financial Stock Market Value
| TOP Stock | USD 2.63 0.13 5.20% |
| Symbol | Zhong |
Zhong Yang Financial Price To Book Ratio
Is Zhong Yang's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zhong Yang. If investors know Zhong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zhong Yang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.897 | Earnings Share 0.15 | Revenue Per Share 0.334 | Quarterly Revenue Growth 0.386 | Return On Assets 0.1282 |
The market value of Zhong Yang Financial is measured differently than its book value, which is the value of Zhong that is recorded on the company's balance sheet. Investors also form their own opinion of Zhong Yang's value that differs from its market value or its book value, called intrinsic value, which is Zhong Yang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zhong Yang's market value can be influenced by many factors that don't directly affect Zhong Yang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zhong Yang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhong Yang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhong Yang'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.
Zhong Yang '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 Zhong Yang'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 Zhong Yang.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Zhong Yang on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Zhong Yang Financial or generate 0.0% return on investment in Zhong Yang over 30 days. Zhong Yang is related to or competes with Netcapital, SAITECH Global, Top KingWin, Applied Blockchain, Magic Empire, Lazard, and Marathon Digital. TOP Financial Group Limited, through its subsidiaries, operates as an online brokerage company in Hong Kong More
Zhong Yang 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 Zhong Yang'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 Zhong Yang Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.42 | |||
| Information Ratio | 0.0179 | |||
| Maximum Drawdown | 105.46 | |||
| Value At Risk | (8.53) | |||
| Potential Upside | 7.17 |
Zhong Yang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhong Yang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhong Yang's standard deviation. In reality, there are many statistical measures that can use Zhong Yang historical prices to predict the future Zhong Yang's volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.1174 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | 0.1495 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zhong Yang'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.
Zhong Yang Financial Backtested Returns
We consider Zhong Yang extremely dangerous. Zhong Yang Financial shows Sharpe Ratio of 0.0135, which attests that the company had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhong Yang Financial, which you can use to evaluate the volatility of the company. Please check out Zhong Yang's Mean Deviation of 5.05, downside deviation of 8.42, and Market Risk Adjusted Performance of 0.1595 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Zhong Yang has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 1.83, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zhong Yang will likely underperform. Zhong Yang Financial right now maintains a risk of 10.67%. Please check out Zhong Yang Financial potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Zhong Yang Financial will be following its historical returns.
Auto-correlation | 0.30 |
Below average predictability
Zhong Yang Financial has below average predictability. Overlapping area represents the amount of predictability between Zhong Yang time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Zhong Yang Financial price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Zhong Yang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Zhong Yang Financial lagged returns against current returns
Autocorrelation, which is Zhong Yang 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 Zhong Yang's stock expected returns. We can calculate the autocorrelation of Zhong Yang returns to help us make a trade decision. For example, suppose you find that Zhong Yang 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 |
Zhong Yang 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 Zhong Yang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhong Yang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhong Yang stock over time.
Current vs Lagged Prices |
| Timeline |
Zhong Yang Lagged Returns
When evaluating Zhong Yang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhong Yang stock have on its future price. Zhong Yang 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, Zhong Yang autocorrelation shows the relationship between Zhong Yang stock current value and its past values and can show if there is a momentum factor associated with investing in Zhong Yang Financial.
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 Zhong Yang 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, Zhong Yang's short interest history, or implied volatility extrapolated from Zhong Yang options trading.
Currently Active Assets on Macroaxis
When determining whether Zhong Yang Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Zhong Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Zhong Yang Financial Stock. Highlighted below are key reports to facilitate an investment decision about Zhong Yang Financial Stock:Check out Zhong Yang Correlation, Zhong Yang Volatility and Zhong Yang Alpha and Beta module to complement your research on Zhong Yang. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Zhong Stock analysis
When running Zhong Yang's price analysis, check to measure Zhong Yang'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 Zhong Yang is operating at the current time. Most of Zhong Yang's value examination focuses on studying past and present price action to predict the probability of Zhong Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhong Yang's price. Additionally, you may evaluate how the addition of Zhong Yang to your portfolios can decrease your overall portfolio volatility.
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Zhong Yang technical stock 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, stock market cycles, or different charting patterns.