Arrow Home (China) Market Value
| 001322 Stock | 8.16 0.05 0.61% |
| Symbol | Arrow |
Arrow Home '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 Arrow Home'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 Arrow Home.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Arrow Home on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Arrow Home Group or generate 0.0% return on investment in Arrow Home over 30 days. Arrow Home is related to or competes with Luoyang Glass, Gansu Jiu, Shenzhen MTC, Ming Yang, Changzhou Almaden, Aba Chemicals, and Loctek Ergonomic. Arrow Home is entity of China. It is traded as Stock on SHE exchange. More
Arrow Home 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 Arrow Home'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 Arrow Home Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.71 | |||
| Information Ratio | 0.0764 | |||
| Maximum Drawdown | 18.21 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 5.12 |
Arrow Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Home's standard deviation. In reality, there are many statistical measures that can use Arrow Home historical prices to predict the future Arrow Home's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 0.4116 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0791 | |||
| Treynor Ratio | (0.52) |
Arrow Home Group Backtested Returns
Arrow Home appears to be slightly risky, given 3 months investment horizon. Arrow Home Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Arrow Home Group, which you can use to evaluate the volatility of the firm. Please makes use of Arrow Home's Downside Deviation of 2.71, risk adjusted performance of 0.1013, and Mean Deviation of 2.02 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arrow Home holds a performance score of 8. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Arrow Home are expected to decrease at a much lower rate. During the bear market, Arrow Home is likely to outperform the market. Please check Arrow Home's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Arrow Home's price patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Arrow Home Group has insignificant predictability. Overlapping area represents the amount of predictability between Arrow Home time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Arrow Home Group price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Arrow Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Arrow Home Group lagged returns against current returns
Autocorrelation, which is Arrow Home 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 Arrow Home's stock expected returns. We can calculate the autocorrelation of Arrow Home returns to help us make a trade decision. For example, suppose you find that Arrow Home 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 |
Arrow Home 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 Arrow Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrow Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrow Home stock over time.
Current vs Lagged Prices |
| Timeline |
Arrow Home Lagged Returns
When evaluating Arrow Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrow Home stock have on its future price. Arrow Home 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, Arrow Home autocorrelation shows the relationship between Arrow Home stock current value and its past values and can show if there is a momentum factor associated with investing in Arrow Home Group.
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 Arrow Stock
Arrow Home financial ratios help investors to determine whether Arrow 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 Arrow with respect to the benefits of owning Arrow Home security.