Guangdong TianYiMa (China) Market Value
| 301178 Stock | 27.35 0.33 1.19% |
| Symbol | Guangdong |
Guangdong TianYiMa '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 TianYiMa'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 TianYiMa.
| 12/29/2024 |
| 01/28/2025 |
If you would invest 0.00 in Guangdong TianYiMa on December 29, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong TianYiMa Information or generate 0.0% return on investment in Guangdong TianYiMa over 30 days. Guangdong TianYiMa is related to or competes with Namchow Food, Youyou Foods, HaiXin Foods, CITIC Metal, Jiaozuo Wanfang, and Jiajia Food. Guangdong TianYiMa is entity of China. It is traded as Stock on SHE exchange. More
Guangdong TianYiMa 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 TianYiMa'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 TianYiMa Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.45 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 26.64 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 6.54 |
Guangdong TianYiMa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong TianYiMa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong TianYiMa's standard deviation. In reality, there are many statistical measures that can use Guangdong TianYiMa historical prices to predict the future Guangdong TianYiMa's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0346 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.05) |
Guangdong TianYiMa Backtested Returns
At this point, Guangdong TianYiMa is not too volatile. Guangdong TianYiMa holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guangdong TianYiMa, which you can use to evaluate the volatility of the firm. Please check out Guangdong TianYiMa's market risk adjusted performance of (0.04), and Risk Adjusted Performance of 0.0132 to validate if the risk estimate we provide is consistent with the expected return of 0.0316%. The company retains a Market Volatility (i.e., Beta) of -0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guangdong TianYiMa are expected to decrease at a much lower rate. During the bear market, Guangdong TianYiMa is likely to outperform the market. Guangdong TianYiMa right now retains a risk of 4.43%. Please check out Guangdong TianYiMa semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Guangdong TianYiMa will be following its current trending patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Guangdong TianYiMa Information has good reverse predictability. Overlapping area represents the amount of predictability between Guangdong TianYiMa time series from 29th of December 2024 to 13th of January 2025 and 13th of January 2025 to 28th of January 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 TianYiMa price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Guangdong TianYiMa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Guangdong TianYiMa lagged returns against current returns
Autocorrelation, which is Guangdong TianYiMa 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 TianYiMa's stock expected returns. We can calculate the autocorrelation of Guangdong TianYiMa returns to help us make a trade decision. For example, suppose you find that Guangdong TianYiMa 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 TianYiMa 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 TianYiMa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong TianYiMa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong TianYiMa stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong TianYiMa Lagged Returns
When evaluating Guangdong TianYiMa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong TianYiMa stock have on its future price. Guangdong TianYiMa 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 TianYiMa autocorrelation shows the relationship between Guangdong TianYiMa stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong TianYiMa Information.
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 Guangdong Stock
Guangdong TianYiMa 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 TianYiMa security.