Guangdong Tianhe's market value is the price at which a share of Guangdong Tianhe trades on a public exchange. It measures the collective expectations of Guangdong Tianhe Agricultural investors about its performance. Guangdong Tianhe is trading at 5.65 as of the 13th of January 2025, a 4.56 percent down since the beginning of the trading day. The stock's open price was 5.92. With this module, you can estimate the performance of a buy and hold strategy of Guangdong Tianhe Agricultural and determine expected loss or profit from investing in Guangdong Tianhe over a given investment horizon. Check out Guangdong Tianhe Correlation, Guangdong Tianhe Volatility and Guangdong Tianhe Alpha and Beta module to complement your research on Guangdong Tianhe.
Please note, there is a significant difference between Guangdong Tianhe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guangdong Tianhe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guangdong Tianhe'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.
Guangdong Tianhe '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 Guangdong Tianhe'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 Guangdong Tianhe.
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12/14/2024
No Change 0.00
0.0
In 30 days
01/13/2025
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If you would invest 0.00 in Guangdong Tianhe on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Tianhe Agricultural or generate 0.0% return on investment in Guangdong Tianhe over 30 days. Guangdong Tianhe is related to or competes with Penyao Environmental, GreenTech Environmental, Zoy Home, Fujian Nanwang, Easyhome New, Ningbo Homelink, and Mengtian Home. Guangdong Tianhe is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Tianhe 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 Guangdong Tianhe'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 Guangdong Tianhe Agricultural upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Tianhe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Tianhe's standard deviation. In reality, there are many statistical measures that can use Guangdong Tianhe historical prices to predict the future Guangdong Tianhe's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guangdong Tianhe. Your research has to be compared to or analyzed against Guangdong Tianhe's peers to derive any actionable benefits. When done correctly, Guangdong Tianhe'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 Guangdong Tianhe Agr.
Guangdong Tianhe Agr Backtested Returns
At this point, Guangdong Tianhe is slightly risky. Guangdong Tianhe Agr holds Efficiency (Sharpe) Ratio of 0.0255, which attests that the entity had a 0.0255% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guangdong Tianhe Agr, which you can use to evaluate the volatility of the firm. Please check out Guangdong Tianhe's risk adjusted performance of 0.0154, and Market Risk Adjusted Performance of 0.0331 to validate if the risk estimate we provide is consistent with the expected return of 0.0835%. Guangdong Tianhe has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.93, which attests to possible diversification benefits within a given portfolio. Guangdong Tianhe returns are very sensitive to returns on the market. As the market goes up or down, Guangdong Tianhe is expected to follow. Guangdong Tianhe Agr right now retains a risk of 3.28%. Please check out Guangdong Tianhe semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Guangdong Tianhe will be following its current trending patterns.
Auto-correlation
0.55
Modest predictability
Guangdong Tianhe Agricultural has modest predictability. Overlapping area represents the amount of predictability between Guangdong Tianhe time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guangdong Tianhe Agr price movement. The serial correlation of 0.55 indicates that about 55.0% of current Guangdong Tianhe price fluctuation can be explain by its past prices.
Correlation Coefficient
0.55
Spearman Rank Test
0.39
Residual Average
0.0
Price Variance
0.02
Guangdong Tianhe Agr lagged returns against current returns
Autocorrelation, which is Guangdong Tianhe 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 Guangdong Tianhe's stock expected returns. We can calculate the autocorrelation of Guangdong Tianhe returns to help us make a trade decision. For example, suppose you find that Guangdong Tianhe 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
Guangdong Tianhe 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 Guangdong Tianhe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Tianhe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Tianhe stock over time.
Current vs Lagged Prices
Timeline
Guangdong Tianhe Lagged Returns
When evaluating Guangdong Tianhe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Tianhe stock have on its future price. Guangdong Tianhe 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, Guangdong Tianhe autocorrelation shows the relationship between Guangdong Tianhe stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Tianhe Agricultural.
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.
Guangdong Tianhe financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Tianhe security.