Guangzhou Dongfang (China) Market Value
| 000524 Stock | 9.55 0.27 2.75% |
| Symbol | Guangzhou |
Guangzhou Dongfang '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 Guangzhou Dongfang'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 Guangzhou Dongfang.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Guangzhou Dongfang on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Dongfang Hotel or generate 0.0% return on investment in Guangzhou Dongfang over 30 days. Guangzhou Dongfang is related to or competes with Biwin Storage, PetroChina, Industrial, China Construction, China Petroleum, Agricultural Bank, and Bank of China. Guangzhou Dongfang is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Dongfang 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 Guangzhou Dongfang'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 Guangzhou Dongfang Hotel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.0282 | |||
| Maximum Drawdown | 19.26 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.74 |
Guangzhou Dongfang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Dongfang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Dongfang's standard deviation. In reality, there are many statistical measures that can use Guangzhou Dongfang historical prices to predict the future Guangzhou Dongfang's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.3025 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0296 | |||
| Treynor Ratio | (0.23) |
Guangzhou Dongfang Hotel Backtested Returns
Guangzhou Dongfang appears to be somewhat reliable, given 3 months investment horizon. Guangzhou Dongfang Hotel holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Guangzhou Dongfang Hotel, which you can use to evaluate the volatility of the firm. Please utilize Guangzhou Dongfang's market risk adjusted performance of (0.22), and Risk Adjusted Performance of 0.065 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Dongfang holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.85, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Guangzhou Dongfang are expected to decrease slowly. On the other hand, during market turmoil, Guangzhou Dongfang is expected to outperform it slightly. Please check Guangzhou Dongfang'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 Guangzhou Dongfang's current trending patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Guangzhou Dongfang Hotel has modest reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Dongfang time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 Guangzhou Dongfang Hotel price movement. The serial correlation of -0.5 indicates that about 50.0% of current Guangzhou Dongfang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Guangzhou Dongfang Hotel lagged returns against current returns
Autocorrelation, which is Guangzhou Dongfang 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 Guangzhou Dongfang's stock expected returns. We can calculate the autocorrelation of Guangzhou Dongfang returns to help us make a trade decision. For example, suppose you find that Guangzhou Dongfang 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 |
Guangzhou Dongfang 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 Guangzhou Dongfang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Dongfang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Dongfang stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Dongfang Lagged Returns
When evaluating Guangzhou Dongfang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Dongfang stock have on its future price. Guangzhou Dongfang 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, Guangzhou Dongfang autocorrelation shows the relationship between Guangzhou Dongfang stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Dongfang Hotel.
Regressed Prices |
| Timeline |
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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 Guangzhou Stock
Guangzhou Dongfang financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Dongfang security.