PetroChina Jinhong (China) Market Value
| 000669 Stock | 2.91 0.02 0.68% |
| Symbol | PetroChina |
PetroChina Jinhong '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 PetroChina Jinhong'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 PetroChina Jinhong.
| 10/15/2025 |
| 01/13/2026 |
If you would invest 0.00 in PetroChina Jinhong on October 15, 2025 and sell it all today you would earn a total of 0.00 from holding PetroChina Jinhong Energy or generate 0.0% return on investment in PetroChina Jinhong over 90 days. PetroChina Jinhong is related to or competes with Sichuan Teway, Sanquan Food, Sun Create, Chacha Food, Jiangxi Sunshine, Zhengzhou Qianweiyangchu, and Camelot Electronics. More
PetroChina Jinhong 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 PetroChina Jinhong'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 PetroChina Jinhong Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.04 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 4.35 |
PetroChina Jinhong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PetroChina Jinhong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PetroChina Jinhong's standard deviation. In reality, there are many statistical measures that can use PetroChina Jinhong historical prices to predict the future PetroChina Jinhong's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.18) |
PetroChina Jinhong Energy Backtested Returns
PetroChina Jinhong Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0343, which implies the firm had a -0.0343 % return per unit of risk over the last 3 months. PetroChina Jinhong Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetroChina Jinhong's Coefficient Of Variation of (4,740), risk adjusted performance of (0.01), and Variance of 4.23 to confirm the risk estimate we provide. The company holds a Beta of 0.3, which implies not very significant fluctuations relative to the market. As returns on the market increase, PetroChina Jinhong's returns are expected to increase less than the market. However, during the bear market, the loss of holding PetroChina Jinhong is expected to be smaller as well. At this point, PetroChina Jinhong Energy has a negative expected return of -0.0707%. Please make sure to check PetroChina Jinhong's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if PetroChina Jinhong Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
PetroChina Jinhong Energy has weak predictability. Overlapping area represents the amount of predictability between PetroChina Jinhong time series from 15th of October 2025 to 29th of November 2025 and 29th of November 2025 to 13th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PetroChina Jinhong Energy price movement. The serial correlation of 0.21 indicates that over 21.0% of current PetroChina Jinhong price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PetroChina Jinhong Energy lagged returns against current returns
Autocorrelation, which is PetroChina Jinhong 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 PetroChina Jinhong's stock expected returns. We can calculate the autocorrelation of PetroChina Jinhong returns to help us make a trade decision. For example, suppose you find that PetroChina Jinhong 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 |
PetroChina Jinhong 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 PetroChina Jinhong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PetroChina Jinhong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PetroChina Jinhong stock over time.
Current vs Lagged Prices |
| Timeline |
PetroChina Jinhong Lagged Returns
When evaluating PetroChina Jinhong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PetroChina Jinhong stock have on its future price. PetroChina Jinhong 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, PetroChina Jinhong autocorrelation shows the relationship between PetroChina Jinhong stock current value and its past values and can show if there is a momentum factor associated with investing in PetroChina Jinhong Energy.
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 PetroChina Stock
PetroChina Jinhong financial ratios help investors to determine whether PetroChina 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 PetroChina with respect to the benefits of owning PetroChina Jinhong security.