Anhui Guofeng (China) Market Value
| 000859 Stock | 4.90 0.15 2.97% |
| Symbol | Anhui |
Anhui Guofeng '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 Anhui Guofeng'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 Anhui Guofeng.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Anhui Guofeng on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Anhui Guofeng Plastic or generate 0.0% return on investment in Anhui Guofeng over 30 days. Anhui Guofeng is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, and Jiangxi Ganfeng. Anhui Guofeng is entity of China. It is traded as Stock on SHE exchange. More
Anhui Guofeng 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 Anhui Guofeng'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 Anhui Guofeng Plastic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.92 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.01 | |||
| Value At Risk | (8.63) | |||
| Potential Upside | 10.0 |
Anhui Guofeng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Guofeng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Guofeng's standard deviation. In reality, there are many statistical measures that can use Anhui Guofeng historical prices to predict the future Anhui Guofeng's volatility.| Risk Adjusted Performance | 0.0159 | |||
| Jensen Alpha | 0.0692 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.06) |
Anhui Guofeng Plastic Backtested Returns
Anhui Guofeng Plastic secures Sharpe Ratio (or Efficiency) of -0.021, which signifies that the company had a -0.021 % return per unit of standard deviation over the last 3 months. Anhui Guofeng Plastic exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anhui Guofeng's risk adjusted performance of 0.0159, and Mean Deviation of 3.2 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Anhui Guofeng are expected to decrease at a much lower rate. During the bear market, Anhui Guofeng is likely to outperform the market. At this point, Anhui Guofeng Plastic has a negative expected return of -0.0879%. Please make sure to confirm Anhui Guofeng's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Anhui Guofeng Plastic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Anhui Guofeng Plastic has weak reverse predictability. Overlapping area represents the amount of predictability between Anhui Guofeng time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Anhui Guofeng Plastic price movement. The serial correlation of -0.25 indicates that over 25.0% of current Anhui Guofeng price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Anhui Guofeng Plastic lagged returns against current returns
Autocorrelation, which is Anhui Guofeng 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 Anhui Guofeng's stock expected returns. We can calculate the autocorrelation of Anhui Guofeng returns to help us make a trade decision. For example, suppose you find that Anhui Guofeng 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 |
Anhui Guofeng 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 Anhui Guofeng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Guofeng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Guofeng stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Guofeng Lagged Returns
When evaluating Anhui Guofeng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Guofeng stock have on its future price. Anhui Guofeng 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, Anhui Guofeng autocorrelation shows the relationship between Anhui Guofeng stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Guofeng Plastic.
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 Anhui Stock
Anhui Guofeng financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Guofeng security.