Guangdong Xiongsu (China) Market Value
| 300599 Stock | 6.56 0.02 0.30% |
| Symbol | Guangdong |
Guangdong Xiongsu '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 Xiongsu'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 Xiongsu.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Guangdong Xiongsu on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Xiongsu Technology or generate 0.0% return on investment in Guangdong Xiongsu over 180 days. Guangdong Xiongsu is related to or competes with Ziel Home, Xilong Chemical, Vohringer Home, Air China, Bsm Chemical, and Maoming Petro. Guangdong Xiongsu is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Xiongsu 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 Xiongsu'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 Xiongsu Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 26.27 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 5.17 |
Guangdong Xiongsu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Xiongsu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Xiongsu's standard deviation. In reality, there are many statistical measures that can use Guangdong Xiongsu historical prices to predict the future Guangdong Xiongsu's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.05) |
Guangdong Xiongsu Backtested Returns
Guangdong Xiongsu holds Efficiency (Sharpe) Ratio of -0.0351, which attests that the entity had a -0.0351 % return per unit of standard deviation over the last 3 months. Guangdong Xiongsu exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Xiongsu's risk adjusted performance of (0.04), and Market Risk Adjusted Performance of (1.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangdong Xiongsu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangdong Xiongsu is expected to be smaller as well. At this point, Guangdong Xiongsu has a negative expected return of -0.14%. Please make sure to check out Guangdong Xiongsu's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Guangdong Xiongsu performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Guangdong Xiongsu Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Guangdong Xiongsu time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 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 Guangdong Xiongsu price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Guangdong Xiongsu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Guangdong Xiongsu lagged returns against current returns
Autocorrelation, which is Guangdong Xiongsu 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 Xiongsu's stock expected returns. We can calculate the autocorrelation of Guangdong Xiongsu returns to help us make a trade decision. For example, suppose you find that Guangdong Xiongsu 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 Xiongsu 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 Xiongsu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Xiongsu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Xiongsu stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Xiongsu Lagged Returns
When evaluating Guangdong Xiongsu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Xiongsu stock have on its future price. Guangdong Xiongsu 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 Xiongsu autocorrelation shows the relationship between Guangdong Xiongsu stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Xiongsu Technology.
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 Guangdong Stock
Guangdong Xiongsu 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 Xiongsu security.