Guangzhou Shiyuan (China) Market Value
| 002841 Stock | 38.74 0.34 0.89% |
| Symbol | Guangzhou |
Guangzhou Shiyuan '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 Guangzhou Shiyuan'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 Guangzhou Shiyuan.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Guangzhou Shiyuan on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Shiyuan Electronic or generate 0.0% return on investment in Guangzhou Shiyuan over 180 days. Guangzhou Shiyuan is related to or competes with Shanghai Rendu, Guangdong Marubi, Xinjiang Baodi, Maccura Biotechnology, Yili Chuanning, Bloomage Biotechnology, and Pengxin International. Guangzhou Shiyuan is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Shiyuan 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 Guangzhou Shiyuan'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 Guangzhou Shiyuan Electronic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | 0.1141 | |||
| Maximum Drawdown | 19.98 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 6.14 |
Guangzhou Shiyuan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Shiyuan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Shiyuan's standard deviation. In reality, there are many statistical measures that can use Guangzhou Shiyuan historical prices to predict the future Guangzhou Shiyuan's volatility.| Risk Adjusted Performance | 0.1267 | |||
| Jensen Alpha | 0.4778 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1232 | |||
| Treynor Ratio | 2.35 |
Guangzhou Shiyuan Backtested Returns
Guangzhou Shiyuan appears to be very steady, given 3 months investment horizon. Guangzhou Shiyuan holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guangzhou Shiyuan, which you can use to evaluate the volatility of the firm. Please utilize Guangzhou Shiyuan's market risk adjusted performance of 2.36, and Risk Adjusted Performance of 0.1267 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Shiyuan holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangzhou Shiyuan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Shiyuan is expected to be smaller as well. Please check Guangzhou Shiyuan'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 Guangzhou Shiyuan's current trending patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Guangzhou Shiyuan Electronic has weak reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Shiyuan time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 Guangzhou Shiyuan price movement. The serial correlation of -0.25 indicates that over 25.0% of current Guangzhou Shiyuan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 8.79 |
Guangzhou Shiyuan lagged returns against current returns
Autocorrelation, which is Guangzhou Shiyuan 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 Guangzhou Shiyuan's stock expected returns. We can calculate the autocorrelation of Guangzhou Shiyuan returns to help us make a trade decision. For example, suppose you find that Guangzhou Shiyuan 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 |
Guangzhou Shiyuan 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 Guangzhou Shiyuan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Shiyuan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Shiyuan stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Shiyuan Lagged Returns
When evaluating Guangzhou Shiyuan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Shiyuan stock have on its future price. Guangzhou Shiyuan 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, Guangzhou Shiyuan autocorrelation shows the relationship between Guangzhou Shiyuan stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Shiyuan Electronic.
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 Guangzhou Stock
Guangzhou Shiyuan financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Shiyuan security.