Guosheng Financial (China) Market Value

002670 Stock   11.12  0.08  0.72%   
Guosheng Financial's market value is the price at which a share of Guosheng Financial trades on a public exchange. It measures the collective expectations of Guosheng Financial Holding investors about its performance. Guosheng Financial is trading at 11.12 as of the 27th of November 2024, a 0.72 percent increase since the beginning of the trading day. The stock's open price was 11.04.
With this module, you can estimate the performance of a buy and hold strategy of Guosheng Financial Holding and determine expected loss or profit from investing in Guosheng Financial over a given investment horizon. Check out Guosheng Financial Correlation, Guosheng Financial Volatility and Guosheng Financial Alpha and Beta module to complement your research on Guosheng Financial.
Symbol

Please note, there is a significant difference between Guosheng Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guosheng Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guosheng Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Guosheng Financial '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 Guosheng Financial'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 Guosheng Financial.
0.00
12/03/2023
No Change 0.00  0.0 
In 11 months and 27 days
11/27/2024
0.00
If you would invest  0.00  in Guosheng Financial on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Guosheng Financial Holding or generate 0.0% return on investment in Guosheng Financial over 360 days. Guosheng Financial is related to or competes with PetroChina, China State, China Mobile, Industrial, China Life, Ping An, and China Construction. Guosheng Financial is entity of China. It is traded as Stock on SHE exchange. More

Guosheng Financial 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 Guosheng Financial'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 Guosheng Financial Holding upside and downside potential and time the market with a certain degree of confidence.

Guosheng Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guosheng Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guosheng Financial's standard deviation. In reality, there are many statistical measures that can use Guosheng Financial historical prices to predict the future Guosheng Financial's volatility.
Hype
Prediction
LowEstimatedHigh
7.0911.0014.91
Details
Intrinsic
Valuation
LowRealHigh
5.419.3213.23
Details
Naive
Forecast
LowNextHigh
6.7810.6814.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7111.5912.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guosheng Financial. Your research has to be compared to or analyzed against Guosheng Financial's peers to derive any actionable benefits. When done correctly, Guosheng Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guosheng Financial.

Guosheng Financial Backtested Returns

Guosheng Financial appears to be somewhat reliable, given 3 months investment horizon. Guosheng Financial holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Guosheng Financial, which you can use to evaluate the volatility of the firm. Please utilize Guosheng Financial's Risk Adjusted Performance of 0.0611, downside deviation of 3.35, and Market Risk Adjusted Performance of (0.41) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guosheng Financial holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guosheng Financial are expected to decrease at a much lower rate. During the bear market, Guosheng Financial is likely to outperform the market. Please check Guosheng Financial's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Guosheng Financial's current trending patterns will revert.

Auto-correlation

    
  0.27  

Poor predictability

Guosheng Financial Holding has poor predictability. Overlapping area represents the amount of predictability between Guosheng Financial time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Guosheng Financial price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Guosheng Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test0.32
Residual Average0.0
Price Variance1.65

Guosheng Financial lagged returns against current returns

Autocorrelation, which is Guosheng Financial 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 Guosheng Financial's stock expected returns. We can calculate the autocorrelation of Guosheng Financial returns to help us make a trade decision. For example, suppose you find that Guosheng Financial 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  

Guosheng Financial 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 Guosheng Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guosheng Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guosheng Financial stock over time.
   Current vs Lagged Prices   
       Timeline  

Guosheng Financial Lagged Returns

When evaluating Guosheng Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guosheng Financial stock have on its future price. Guosheng Financial 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, Guosheng Financial autocorrelation shows the relationship between Guosheng Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Guosheng Financial Holding.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Guosheng Stock

Guosheng Financial financial ratios help investors to determine whether Guosheng 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 Guosheng with respect to the benefits of owning Guosheng Financial security.