Huatian Hotel (China) Market Value
| 000428 Stock | 3.24 0.10 2.99% |
| Symbol | Huatian |
Huatian Hotel '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 Huatian Hotel'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 Huatian Hotel.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Huatian Hotel on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Huatian Hotel Group or generate 0.0% return on investment in Huatian Hotel over 270 days. Huatian Hotel is related to or competes with Biwin Storage, PetroChina, Industrial, China Construction, China Petroleum, Agricultural Bank, and Bank of China. Huatian Hotel is entity of China. It is traded as Stock on SHE exchange. More
Huatian Hotel 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 Huatian Hotel'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 Huatian Hotel Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.9 | |||
| Information Ratio | 0.0362 | |||
| Maximum Drawdown | 19.04 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 4.65 |
Huatian Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huatian Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huatian Hotel's standard deviation. In reality, there are many statistical measures that can use Huatian Hotel historical prices to predict the future Huatian Hotel's volatility.| Risk Adjusted Performance | 0.0697 | |||
| Jensen Alpha | 0.3332 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0362 | |||
| Treynor Ratio | (0.25) |
Huatian Hotel Group Backtested Returns
Huatian Hotel appears to be unstable, given 3 months investment horizon. Huatian Hotel Group holds Efficiency (Sharpe) Ratio of 0.0928, which attests that the entity had a 0.0928% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Huatian Hotel Group, which you can use to evaluate the volatility of the firm. Please utilize Huatian Hotel's risk adjusted performance of 0.0697, and Market Risk Adjusted Performance of (0.24) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Huatian Hotel holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.89, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Huatian Hotel are expected to decrease slowly. On the other hand, during market turmoil, Huatian Hotel is expected to outperform it slightly. Please check Huatian Hotel's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Huatian Hotel's current trending patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Huatian Hotel Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Huatian Hotel time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd of November 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 Huatian Hotel Group price movement. The serial correlation of -0.72 indicates that around 72.0% of current Huatian Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Huatian Hotel Group lagged returns against current returns
Autocorrelation, which is Huatian Hotel 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 Huatian Hotel's stock expected returns. We can calculate the autocorrelation of Huatian Hotel returns to help us make a trade decision. For example, suppose you find that Huatian Hotel 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 |
Huatian Hotel 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 Huatian Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huatian Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huatian Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
Huatian Hotel Lagged Returns
When evaluating Huatian Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huatian Hotel stock have on its future price. Huatian Hotel 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, Huatian Hotel autocorrelation shows the relationship between Huatian Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in Huatian Hotel Group.
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 Huatian Stock
Huatian Hotel financial ratios help investors to determine whether Huatian 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 Huatian with respect to the benefits of owning Huatian Hotel security.