Guangdong Brandmax (China) Market Value
| 300805 Stock | 9.07 0.29 3.10% |
| Symbol | Guangdong |
Guangdong Brandmax '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 Brandmax'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 Brandmax.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Guangdong Brandmax on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Guangdong Brandmax Marketing or generate 0.0% return on investment in Guangdong Brandmax over 330 days. Guangdong Brandmax is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and China Merchants. Guangdong Brandmax is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Brandmax 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 Brandmax'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 Brandmax Marketing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.71 | |||
| Information Ratio | 0.094 | |||
| Maximum Drawdown | 31.32 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 5.13 |
Guangdong Brandmax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Brandmax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Brandmax's standard deviation. In reality, there are many statistical measures that can use Guangdong Brandmax historical prices to predict the future Guangdong Brandmax's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.5474 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0829 | |||
| Treynor Ratio | (1.74) |
Guangdong Brandmax Backtested Returns
Guangdong Brandmax appears to be slightly risky, given 3 months investment horizon. Guangdong Brandmax holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Brandmax's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Guangdong Brandmax's market risk adjusted performance of (1.73), and Risk Adjusted Performance of 0.1043 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Brandmax holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guangdong Brandmax are expected to decrease at a much lower rate. During the bear market, Guangdong Brandmax is likely to outperform the market. Please check Guangdong Brandmax'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 Guangdong Brandmax's current trending patterns will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Guangdong Brandmax Marketing has good reverse predictability. Overlapping area represents the amount of predictability between Guangdong Brandmax time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Guangdong Brandmax price movement. The serial correlation of -0.55 indicates that about 55.0% of current Guangdong Brandmax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Guangdong Brandmax lagged returns against current returns
Autocorrelation, which is Guangdong Brandmax 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 Brandmax's stock expected returns. We can calculate the autocorrelation of Guangdong Brandmax returns to help us make a trade decision. For example, suppose you find that Guangdong Brandmax 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 Brandmax 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 Brandmax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Brandmax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Brandmax stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Brandmax Lagged Returns
When evaluating Guangdong Brandmax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Brandmax stock have on its future price. Guangdong Brandmax 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 Brandmax autocorrelation shows the relationship between Guangdong Brandmax stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Brandmax Marketing.
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 Brandmax 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 Brandmax security.