Guangzhou Shangpin (China) Market Value
| 300616 Stock | 14.41 0.66 4.80% |
| Symbol | Guangzhou |
Guangzhou Shangpin '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 Shangpin'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 Shangpin.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Guangzhou Shangpin on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Shangpin Home or generate 0.0% return on investment in Guangzhou Shangpin over 30 days. Guangzhou Shangpin is related to or competes with Agricultural Bank, Industrial, Bank of China, China Construction, PetroChina, Industrial Bank, and China Life. Guangzhou Shangpin is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Shangpin 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 Shangpin'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 Shangpin Home upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.62 | |||
| Information Ratio | 0.097 | |||
| Maximum Drawdown | 39.99 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 7.8 |
Guangzhou Shangpin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Shangpin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Shangpin's standard deviation. In reality, there are many statistical measures that can use Guangzhou Shangpin historical prices to predict the future Guangzhou Shangpin's volatility.| Risk Adjusted Performance | 0.1037 | |||
| Jensen Alpha | 0.6357 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0988 | |||
| Treynor Ratio | (1.17) |
Guangzhou Shangpin Home Backtested Returns
Guangzhou Shangpin appears to be somewhat reliable, given 3 months investment horizon. Guangzhou Shangpin Home holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Guangzhou Shangpin's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize Guangzhou Shangpin's market risk adjusted performance of (1.16), and Risk Adjusted Performance of 0.1037 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Shangpin holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guangzhou Shangpin are expected to decrease at a much lower rate. During the bear market, Guangzhou Shangpin is likely to outperform the market. Please check Guangzhou Shangpin's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangzhou Shangpin's current trending patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Guangzhou Shangpin Home has below average predictability. Overlapping area represents the amount of predictability between Guangzhou Shangpin time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Shangpin Home price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Guangzhou Shangpin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Guangzhou Shangpin Home lagged returns against current returns
Autocorrelation, which is Guangzhou Shangpin 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 Shangpin's stock expected returns. We can calculate the autocorrelation of Guangzhou Shangpin returns to help us make a trade decision. For example, suppose you find that Guangzhou Shangpin 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 Shangpin 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 Shangpin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Shangpin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Shangpin stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Shangpin Lagged Returns
When evaluating Guangzhou Shangpin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Shangpin stock have on its future price. Guangzhou Shangpin 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 Shangpin autocorrelation shows the relationship between Guangzhou Shangpin stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Shangpin Home.
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 Shangpin 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 Shangpin security.