Soho China Limited Stock Market Value
| SOHOF Stock | USD 0.09 0.01 12.50% |
| Symbol | SOHO |
SOHO China '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 SOHO China'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 SOHO China.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in SOHO China on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding SOHO China Limited or generate 0.0% return on investment in SOHO China over 30 days. SOHO China is related to or competes with IRSA Inversiones, Anywhere Real, Newmark, Wharf Real, New York, CBRE Group, and Frp Holdings. SOHO China Limited, together with its subsidiaries, engages in the real estate development, and property leasing and man... More
SOHO China 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 SOHO China'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 SOHO China Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 23.61 |
SOHO China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SOHO China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SOHO China's standard deviation. In reality, there are many statistical measures that can use SOHO China historical prices to predict the future SOHO China's volatility.| Risk Adjusted Performance | 0.0168 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.0743 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SOHO China'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.
SOHO China Limited Backtested Returns
SOHO China appears to be out of control, given 3 months investment horizon. SOHO China Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0841, which indicates the firm had a 0.0841% return per unit of volatility over the last 3 months. We have found nineteen technical indicators for SOHO China Limited, which you can use to evaluate the volatility of the company. Please review SOHO China's variance of 8.6, and Risk Adjusted Performance of 0.0168 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SOHO China holds a performance score of 6. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SOHO China's returns are expected to increase less than the market. However, during the bear market, the loss of holding SOHO China is expected to be smaller as well. Please check SOHO China's total risk alpha, as well as the relationship between the rate of daily change and period momentum indicator , to make a quick decision on whether SOHO China's existing price patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
SOHO China Limited has very good reverse predictability. Overlapping area represents the amount of predictability between SOHO China 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 SOHO China Limited price movement. The serial correlation of -0.67 indicates that around 67.0% of current SOHO China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SOHO China Limited lagged returns against current returns
Autocorrelation, which is SOHO China 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 SOHO China's pink sheet expected returns. We can calculate the autocorrelation of SOHO China returns to help us make a trade decision. For example, suppose you find that SOHO China 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 |
SOHO China 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 SOHO China pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SOHO China pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SOHO China pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SOHO China Lagged Returns
When evaluating SOHO China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SOHO China pink sheet have on its future price. SOHO China 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, SOHO China autocorrelation shows the relationship between SOHO China pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SOHO China Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out SOHO China Correlation, SOHO China Volatility and SOHO China Alpha and Beta module to complement your research on SOHO China. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for SOHO Pink Sheet analysis
When running SOHO China's price analysis, check to measure SOHO China'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 SOHO China is operating at the current time. Most of SOHO China's value examination focuses on studying past and present price action to predict the probability of SOHO China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOHO China's price. Additionally, you may evaluate how the addition of SOHO China to your portfolios can decrease your overall portfolio volatility.
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SOHO China 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.