Shenzhen Wongtee (China) Market Value
| 200056 Stock | 0.73 0.01 1.39% |
| Symbol | Shenzhen |
Shenzhen Wongtee '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 Shenzhen Wongtee'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 Shenzhen Wongtee.
| 11/02/2025 |
| 12/02/2025 |
If you would invest 0.00 in Shenzhen Wongtee on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding Shenzhen Wongtee International or generate 0.0% return on investment in Shenzhen Wongtee over 30 days. Shenzhen Wongtee is related to or competes with Touchstone International, Smartgiant Technology, Bangyan Technology, Innovative Medical, Kidswant Children, Tianjin Ruixin, and Allmed Medical. Shenzhen Wongtee is entity of China. It is traded as Stock on SHE exchange. More
Shenzhen Wongtee 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 Shenzhen Wongtee'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 Shenzhen Wongtee International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.17 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 3.57 |
Shenzhen Wongtee Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shenzhen Wongtee's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shenzhen Wongtee's standard deviation. In reality, there are many statistical measures that can use Shenzhen Wongtee historical prices to predict the future Shenzhen Wongtee's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.63) |
Shenzhen Wongtee Int Backtested Returns
Shenzhen Wongtee Int owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Shenzhen Wongtee International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenzhen Wongtee's Coefficient Of Variation of (858.93), variance of 6.05, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shenzhen Wongtee's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shenzhen Wongtee is expected to be smaller as well. At this point, Shenzhen Wongtee Int has a negative expected return of -0.25%. Please make sure to validate Shenzhen Wongtee's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Shenzhen Wongtee Int performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Shenzhen Wongtee International has modest predictability. Overlapping area represents the amount of predictability between Shenzhen Wongtee time series from 2nd of November 2025 to 17th of November 2025 and 17th of November 2025 to 2nd of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shenzhen Wongtee Int price movement. The serial correlation of 0.55 indicates that about 55.0% of current Shenzhen Wongtee price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Shenzhen Wongtee Int lagged returns against current returns
Autocorrelation, which is Shenzhen Wongtee 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 Shenzhen Wongtee's stock expected returns. We can calculate the autocorrelation of Shenzhen Wongtee returns to help us make a trade decision. For example, suppose you find that Shenzhen Wongtee 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 |
Shenzhen Wongtee 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 Shenzhen Wongtee stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shenzhen Wongtee stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shenzhen Wongtee stock over time.
Current vs Lagged Prices |
| Timeline |
Shenzhen Wongtee Lagged Returns
When evaluating Shenzhen Wongtee's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shenzhen Wongtee stock have on its future price. Shenzhen Wongtee 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, Shenzhen Wongtee autocorrelation shows the relationship between Shenzhen Wongtee stock current value and its past values and can show if there is a momentum factor associated with investing in Shenzhen Wongtee International.
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.Other Information on Investing in Shenzhen Stock
Shenzhen Wongtee financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen Wongtee security.