Anhui Deli (China) Market Value
| 002571 Stock | 5.01 0.13 2.66% |
| Symbol | Anhui |
Anhui Deli '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 Deli'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 Deli.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Anhui Deli on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Anhui Deli Household or generate 0.0% return on investment in Anhui Deli over 720 days. Anhui Deli is related to or competes with Agricultural Bank, Industrial, Bank of China, China Construction, PetroChina, Industrial Bank, and China Life. Anhui Deli is entity of China. It is traded as Stock on SHE exchange. More
Anhui Deli 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 Deli'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 Deli Household upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0695 | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 4.57 |
Anhui Deli Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Deli's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Deli's standard deviation. In reality, there are many statistical measures that can use Anhui Deli historical prices to predict the future Anhui Deli's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 0.3672 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0661 | |||
| Treynor Ratio | (1.25) |
Anhui Deli Household Backtested Returns
Anhui Deli appears to be moderately volatile, given 3 months investment horizon. Anhui Deli Household secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anhui Deli Household, which you can use to evaluate the volatility of the firm. Please makes use of Anhui Deli's mean deviation of 2.21, and Risk Adjusted Performance of 0.093 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anhui Deli holds a performance score of 10. The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anhui Deli are expected to decrease at a much lower rate. During the bear market, Anhui Deli is likely to outperform the market. Please check Anhui Deli's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Anhui Deli's price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Anhui Deli Household has poor predictability. Overlapping area represents the amount of predictability between Anhui Deli time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 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 Anhui Deli Household price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Anhui Deli price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Anhui Deli Household lagged returns against current returns
Autocorrelation, which is Anhui Deli 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 Deli's stock expected returns. We can calculate the autocorrelation of Anhui Deli returns to help us make a trade decision. For example, suppose you find that Anhui Deli 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 Deli 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 Deli stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Deli stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Deli stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Deli Lagged Returns
When evaluating Anhui Deli's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Deli stock have on its future price. Anhui Deli 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 Deli autocorrelation shows the relationship between Anhui Deli stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Deli Household.
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 Deli 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 Deli security.