Guangzhou Haozhi (China) Market Value
| 300503 Stock | 17.05 1.28 6.98% |
| Symbol | Guangzhou |
Guangzhou Haozhi '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 Haozhi'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 Haozhi.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Guangzhou Haozhi on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Guangzhou Haozhi Industrial or generate 0.0% return on investment in Guangzhou Haozhi over 720 days. Guangzhou Haozhi is related to or competes with Eastern Air, Sanxiang Advanced, Xinke Material, Rising Nonferrous, Shanghai Yanpu, Zhejiang Yayi, and Advanced Technology. Guangzhou Haozhi is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Haozhi 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 Haozhi'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 Haozhi Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.85 | |||
| Information Ratio | 0.0725 | |||
| Maximum Drawdown | 26.85 | |||
| Value At Risk | (5.98) | |||
| Potential Upside | 8.2 |
Guangzhou Haozhi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Haozhi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Haozhi's standard deviation. In reality, there are many statistical measures that can use Guangzhou Haozhi historical prices to predict the future Guangzhou Haozhi's volatility.| Risk Adjusted Performance | 0.0842 | |||
| Jensen Alpha | 0.5686 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | (0.62) |
Guangzhou Haozhi Ind Backtested Returns
Guangzhou Haozhi appears to be somewhat reliable, given 3 months investment horizon. Guangzhou Haozhi Ind 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. By evaluating Guangzhou Haozhi's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Guangzhou Haozhi's market risk adjusted performance of (0.61), and Risk Adjusted Performance of 0.0842 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Haozhi holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guangzhou Haozhi are expected to decrease at a much lower rate. During the bear market, Guangzhou Haozhi is likely to outperform the market. Please check Guangzhou Haozhi'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 Haozhi's current trending patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Guangzhou Haozhi Industrial has weak reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Haozhi 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 Guangzhou Haozhi Ind price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Guangzhou Haozhi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 4.68 |
Guangzhou Haozhi Ind lagged returns against current returns
Autocorrelation, which is Guangzhou Haozhi 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 Haozhi's stock expected returns. We can calculate the autocorrelation of Guangzhou Haozhi returns to help us make a trade decision. For example, suppose you find that Guangzhou Haozhi 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 Haozhi 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 Haozhi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Haozhi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Haozhi stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Haozhi Lagged Returns
When evaluating Guangzhou Haozhi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Haozhi stock have on its future price. Guangzhou Haozhi 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 Haozhi autocorrelation shows the relationship between Guangzhou Haozhi stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Haozhi Industrial.
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 Guangzhou Stock
Guangzhou Haozhi 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 Haozhi security.