Huasi Agricultural (China) Market Value
| 002494 Stock | 4.19 0.02 0.48% |
| Symbol | Huasi |
Huasi Agricultural '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 Huasi Agricultural'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 Huasi Agricultural.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Huasi Agricultural on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Huasi Agricultural Development or generate 0.0% return on investment in Huasi Agricultural over 90 days. Huasi Agricultural is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and China Merchants. Huasi Agricultural is entity of China. It is traded as Stock on SHE exchange. More
Huasi Agricultural 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 Huasi Agricultural'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 Huasi Agricultural Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.1095 | |||
| Maximum Drawdown | 17.45 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 4.18 |
Huasi Agricultural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huasi Agricultural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huasi Agricultural's standard deviation. In reality, there are many statistical measures that can use Huasi Agricultural historical prices to predict the future Huasi Agricultural's volatility.| Risk Adjusted Performance | 0.1252 | |||
| Jensen Alpha | 0.431 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1031 | |||
| Treynor Ratio | 27.75 |
Huasi Agricultural Backtested Returns
Huasi Agricultural appears to be moderately volatile, given 3 months investment horizon. Huasi Agricultural holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of standard deviation over the last 3 months. By evaluating Huasi Agricultural's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Huasi Agricultural's risk adjusted performance of 0.1252, and Market Risk Adjusted Performance of 27.76 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Huasi Agricultural holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.0156, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Huasi Agricultural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Huasi Agricultural is expected to be smaller as well. Please check Huasi Agricultural'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 Huasi Agricultural's current trending patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Huasi Agricultural Development has good predictability. Overlapping area represents the amount of predictability between Huasi Agricultural time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 Huasi Agricultural price movement. The serial correlation of 0.69 indicates that around 69.0% of current Huasi Agricultural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Huasi Agricultural lagged returns against current returns
Autocorrelation, which is Huasi Agricultural 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 Huasi Agricultural's stock expected returns. We can calculate the autocorrelation of Huasi Agricultural returns to help us make a trade decision. For example, suppose you find that Huasi Agricultural 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 |
Huasi Agricultural 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 Huasi Agricultural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huasi Agricultural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huasi Agricultural stock over time.
Current vs Lagged Prices |
| Timeline |
Huasi Agricultural Lagged Returns
When evaluating Huasi Agricultural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huasi Agricultural stock have on its future price. Huasi Agricultural 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, Huasi Agricultural autocorrelation shows the relationship between Huasi Agricultural stock current value and its past values and can show if there is a momentum factor associated with investing in Huasi Agricultural Development.
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 Huasi Stock
Huasi Agricultural financial ratios help investors to determine whether Huasi 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 Huasi with respect to the benefits of owning Huasi Agricultural security.