Yanzhou Coal Mining Stock Market Value
| YZCHF Stock | USD 2.34 0.00 0.00% |
| Symbol | Yanzhou |
Yanzhou Coal '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 Yanzhou Coal's otc 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 Yanzhou Coal.
| 02/10/2024 |
| 05/10/2024 |
If you would invest 0.00 in Yanzhou Coal on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding Yanzhou Coal Mining or generate 0.0% return on investment in Yanzhou Coal over 90 days. Yanzhou Coal is related to or competes with Geo Energy, and China Shenhua. Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal worldwide More
Yanzhou Coal 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 Yanzhou Coal's otc 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 Yanzhou Coal Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.93 | |||
| Information Ratio | 0.0707 | |||
| Maximum Drawdown | 128.54 | |||
| Value At Risk | (8.25) | |||
| Potential Upside | 24.43 |
Yanzhou Coal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yanzhou Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yanzhou Coal's standard deviation. In reality, there are many statistical measures that can use Yanzhou Coal historical prices to predict the future Yanzhou Coal's volatility.| Risk Adjusted Performance | 0.0829 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | 0.7297 | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | (1.67) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yanzhou Coal'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.
Yanzhou Coal Mining Backtested Returns
Yanzhou Coal is unstable given 24 months investment horizon. Yanzhou Coal Mining shows Sharpe Ratio of 0.0698, which attests that the company had a 0.0698% return per unit of risk over the last 24 months. We have analyze and collected data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Yanzhou Coal Mining Market Risk Adjusted Performance of (1.66), mean deviation of 5.48, and Downside Deviation of 31.93 to evaluate company specific risk that cannot be diversified away. Yanzhou Coal holds a performance score of 5 on a scale of zero to a hundred. The firm maintains a market beta of -0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Yanzhou Coal are expected to decrease at a much lower rate. During the bear market, Yanzhou Coal is likely to outperform the market. Use Yanzhou Coal Mining maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Yanzhou Coal Mining.
Auto-correlation | 0.00 |
No correlation between past and present
Yanzhou Coal Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Yanzhou Coal time series from 10th of February 2024 to 26th of March 2024 and 26th of March 2024 to 10th of May 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 Yanzhou Coal Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Yanzhou Coal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yanzhou Coal Mining lagged returns against current returns
Autocorrelation, which is Yanzhou Coal otc 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 Yanzhou Coal's otc stock expected returns. We can calculate the autocorrelation of Yanzhou Coal returns to help us make a trade decision. For example, suppose you find that Yanzhou Coal has exhibited high autocorrelation historically, and you observe that the otc 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 |
Yanzhou Coal 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 Yanzhou Coal otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yanzhou Coal otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yanzhou Coal otc stock over time.
Current vs Lagged Prices |
| Timeline |
Yanzhou Coal Lagged Returns
When evaluating Yanzhou Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yanzhou Coal otc stock have on its future price. Yanzhou Coal 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, Yanzhou Coal autocorrelation shows the relationship between Yanzhou Coal otc stock current value and its past values and can show if there is a momentum factor associated with investing in Yanzhou Coal Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Yanzhou Coal Correlation, Yanzhou Coal Volatility and Yanzhou Coal Alpha and Beta module to complement your research on Yanzhou Coal. Note that the Yanzhou Coal Mining information on this page should be used as a complementary analysis to other Yanzhou Coal'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Yanzhou OTC Stock analysis
When running Yanzhou Coal's price analysis, check to measure Yanzhou Coal'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 Yanzhou Coal is operating at the current time. Most of Yanzhou Coal's value examination focuses on studying past and present price action to predict the probability of Yanzhou Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yanzhou Coal's price. Additionally, you may evaluate how the addition of Yanzhou Coal to your portfolios can decrease your overall portfolio volatility.
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Yanzhou Coal technical otc 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, otc market cycles, or different charting patterns.