Zhejiang Entive (China) Market Value
| 300911 Stock | 38.25 0.94 2.52% |
| Symbol | Zhejiang |
Zhejiang Entive '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 Zhejiang Entive'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 Zhejiang Entive.
| 12/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Zhejiang Entive on December 16, 2025 and sell it all today you would earn a total of 0.00 from holding Zhejiang Entive Smart or generate 0.0% return on investment in Zhejiang Entive over 30 days. Zhejiang Entive is related to or competes with Zijin Mining, JCHX Mining, Rising Nonferrous, Ye Chiu, Hainan Mining, and Uroica Mining. More
Zhejiang Entive 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 Zhejiang Entive'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 Zhejiang Entive Smart upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 17.33 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.23 |
Zhejiang Entive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhejiang Entive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhejiang Entive's standard deviation. In reality, there are many statistical measures that can use Zhejiang Entive historical prices to predict the future Zhejiang Entive's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.44) |
Zhejiang Entive Smart Backtested Returns
Zhejiang Entive Smart shows Sharpe Ratio of -0.12, which attests that the company had a -0.12 % return per unit of risk over the last 3 months. Zhejiang Entive Smart exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhejiang Entive's Mean Deviation of 2.06, market risk adjusted performance of (0.43), and Standard Deviation of 3.1 to validate the risk estimate we provide. The firm maintains a market beta of 0.88, which attests to possible diversification benefits within a given portfolio. Zhejiang Entive returns are very sensitive to returns on the market. As the market goes up or down, Zhejiang Entive is expected to follow. At this point, Zhejiang Entive Smart has a negative expected return of -0.38%. Please make sure to check out Zhejiang Entive's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Zhejiang Entive Smart performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.85 |
Very good predictability
Zhejiang Entive Smart has very good predictability. Overlapping area represents the amount of predictability between Zhejiang Entive time series from 16th of December 2025 to 31st of December 2025 and 31st of December 2025 to 15th 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 Zhejiang Entive Smart price movement. The serial correlation of 0.85 indicates that around 85.0% of current Zhejiang Entive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.9 |
Zhejiang Entive Smart lagged returns against current returns
Autocorrelation, which is Zhejiang Entive 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 Zhejiang Entive's stock expected returns. We can calculate the autocorrelation of Zhejiang Entive returns to help us make a trade decision. For example, suppose you find that Zhejiang Entive 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 |
Zhejiang Entive 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 Zhejiang Entive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhejiang Entive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhejiang Entive stock over time.
Current vs Lagged Prices |
| Timeline |
Zhejiang Entive Lagged Returns
When evaluating Zhejiang Entive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhejiang Entive stock have on its future price. Zhejiang Entive 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, Zhejiang Entive autocorrelation shows the relationship between Zhejiang Entive stock current value and its past values and can show if there is a momentum factor associated with investing in Zhejiang Entive Smart.
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 Zhejiang Stock
Zhejiang Entive financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Entive security.