Puyang Huicheng (China) Market Value
| 300481 Stock | 14.60 0.09 0.61% |
| Symbol | Puyang |
Puyang Huicheng '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 Puyang Huicheng'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 Puyang Huicheng.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Puyang Huicheng on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Puyang Huicheng Electronic or generate 0.0% return on investment in Puyang Huicheng over 30 days. Puyang Huicheng is related to or competes with Jointo Energy, Zhongrun Resources, Zhengzhou Coal, Xinjiang Baodi, Chengtun Mining, JCHX Mining, and Postal Savings. Puyang Huicheng is entity of China. It is traded as Stock on SHE exchange. More
Puyang Huicheng 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 Puyang Huicheng'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 Puyang Huicheng Electronic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 3.7 |
Puyang Huicheng Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Puyang Huicheng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puyang Huicheng's standard deviation. In reality, there are many statistical measures that can use Puyang Huicheng historical prices to predict the future Puyang Huicheng's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.40) |
Puyang Huicheng Elec Backtested Returns
Puyang Huicheng Elec maintains Sharpe Ratio (i.e., Efficiency) of -0.019, which implies the firm had a -0.019 % return per unit of risk over the last 3 months. Puyang Huicheng Elec exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Puyang Huicheng's Variance of 5.93, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,950) to confirm the risk estimate we provide. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Puyang Huicheng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Puyang Huicheng is expected to be smaller as well. At this point, Puyang Huicheng Elec has a negative expected return of -0.0468%. Please make sure to check Puyang Huicheng's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Puyang Huicheng Elec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Puyang Huicheng Electronic has insignificant reverse predictability. Overlapping area represents the amount of predictability between Puyang Huicheng time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Puyang Huicheng Elec price movement. The serial correlation of -0.17 indicates that over 17.0% of current Puyang Huicheng price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Puyang Huicheng Elec lagged returns against current returns
Autocorrelation, which is Puyang Huicheng 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 Puyang Huicheng's stock expected returns. We can calculate the autocorrelation of Puyang Huicheng returns to help us make a trade decision. For example, suppose you find that Puyang Huicheng 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 |
Puyang Huicheng 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 Puyang Huicheng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puyang Huicheng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puyang Huicheng stock over time.
Current vs Lagged Prices |
| Timeline |
Puyang Huicheng Lagged Returns
When evaluating Puyang Huicheng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puyang Huicheng stock have on its future price. Puyang Huicheng 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, Puyang Huicheng autocorrelation shows the relationship between Puyang Huicheng stock current value and its past values and can show if there is a momentum factor associated with investing in Puyang Huicheng 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 Puyang Stock
Puyang Huicheng financial ratios help investors to determine whether Puyang 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 Puyang with respect to the benefits of owning Puyang Huicheng security.