Top Kingwin Ltd Stock Market Value
| TCJH Stock | 0.50 0.02 3.85% |
| Symbol | Top |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Top KingWin. If investors know Top will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Top KingWin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Top KingWin is measured differently than its book value, which is the value of Top that is recorded on the company's balance sheet. Investors also form their own opinion of Top KingWin's value that differs from its market value or its book value, called intrinsic value, which is Top KingWin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Top KingWin's market value can be influenced by many factors that don't directly affect Top KingWin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Top KingWin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Top KingWin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Top KingWin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Top KingWin '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 Top KingWin'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 Top KingWin.
| 07/18/2024 |
| 10/16/2024 |
If you would invest 0.00 in Top KingWin on July 18, 2024 and sell it all today you would earn a total of 0.00 from holding Top KingWin Ltd or generate 0.0% return on investment in Top KingWin over 90 days. Top KingWin is related to or competes with Barings BDC, IPG Photonics, KVH Industries, Amkor Technology, Nextnav Acquisition, Encore Capital, and Jabil Circuit. More
Top KingWin 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 Top KingWin'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 Top KingWin Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.11 | |||
| Information Ratio | 0.0985 | |||
| Maximum Drawdown | 44.06 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 21.43 |
Top KingWin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top KingWin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Top KingWin's standard deviation. In reality, there are many statistical measures that can use Top KingWin historical prices to predict the future Top KingWin's volatility.| Risk Adjusted Performance | 0.0998 | |||
| Jensen Alpha | 0.9366 | |||
| Total Risk Alpha | 0.0435 | |||
| Sortino Ratio | 0.1103 | |||
| Treynor Ratio | 1.9 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Top KingWin'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.
Top KingWin Backtested Returns
Top KingWin appears to be out of control, given 3 months investment horizon. Top KingWin owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. By inspecting Top KingWin's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please review Top KingWin's Coefficient Of Variation of 917.47, risk adjusted performance of 0.0998, and Semi Deviation of 6.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Top KingWin holds a performance score of 8. The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Top KingWin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Top KingWin is expected to be smaller as well. Please check Top KingWin's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether Top KingWin's existing price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Top KingWin Ltd has very good reverse predictability. Overlapping area represents the amount of predictability between Top KingWin time series from 18th of July 2024 to 1st of September 2024 and 1st of September 2024 to 16th of October 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 Top KingWin price movement. The serial correlation of -0.66 indicates that around 66.0% of current Top KingWin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Top KingWin lagged returns against current returns
Autocorrelation, which is Top KingWin 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 Top KingWin's stock expected returns. We can calculate the autocorrelation of Top KingWin returns to help us make a trade decision. For example, suppose you find that Top KingWin 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 |
Top KingWin 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 Top KingWin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Top KingWin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Top KingWin stock over time.
Current vs Lagged Prices |
| Timeline |
Top KingWin Lagged Returns
When evaluating Top KingWin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Top KingWin stock have on its future price. Top KingWin 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, Top KingWin autocorrelation shows the relationship between Top KingWin stock current value and its past values and can show if there is a momentum factor associated with investing in Top KingWin Ltd.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Top KingWin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Top KingWin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Top Kingwin Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Top Kingwin Ltd Stock:Check out Top KingWin Correlation, Top KingWin Volatility and Top KingWin Alpha and Beta module to complement your research on Top KingWin. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Top KingWin technical 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, stock market cycles, or different charting patterns.