Guangdong TianYiMa's market value is the price at which a share of Guangdong TianYiMa trades on a public exchange. It measures the collective expectations of Guangdong TianYiMa Information investors about its performance. Guangdong TianYiMa is trading at 26.72 as of the 14th of January 2025, a 4.37% up since the beginning of the trading day. The stock's open price was 25.6. With this module, you can estimate the performance of a buy and hold strategy of Guangdong TianYiMa Information and determine expected loss or profit from investing in Guangdong TianYiMa over a given investment horizon. Check out Guangdong TianYiMa Correlation, Guangdong TianYiMa Volatility and Guangdong TianYiMa Alpha and Beta module to complement your research on Guangdong TianYiMa.
Please note, there is a significant difference between Guangdong TianYiMa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guangdong TianYiMa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guangdong TianYiMa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
01/25/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/14/2025
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If you would invest 0.00 in Guangdong TianYiMa on January 25, 2023 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 720 days. Guangdong TianYiMa is related to or competes with Guangdong Xiongsu, Linewell Software, Sihui Fuji, Tianjin Ruixin, ROPEOK Technology, Integrated Electronic, and Soyea Technology. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guangdong TianYiMa. Your research has to be compared to or analyzed against Guangdong TianYiMa's peers to derive any actionable benefits. When done correctly, Guangdong TianYiMa's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guangdong TianYiMa.
Guangdong TianYiMa Backtested Returns
Guangdong TianYiMa holds Efficiency (Sharpe) Ratio of -0.0111, which attests that the entity had a -0.0111% return per unit of standard deviation over the last 3 months. Guangdong TianYiMa exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong TianYiMa's market risk adjusted performance of 0.8097, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. 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. At this point, Guangdong TianYiMa has a negative expected return of -0.0504%. Please make sure to check out Guangdong TianYiMa's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Guangdong TianYiMa performance from the past will be repeated at some point in the near future.
Auto-correlation
0.18
Very weak predictability
Guangdong TianYiMa Information has very weak predictability. Overlapping area represents the amount of predictability between Guangdong TianYiMa time series from 25th of January 2023 to 20th of January 2024 and 20th of January 2024 to 14th 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 0.18 indicates that over 18.0% of current Guangdong TianYiMa price fluctuation can be explain by its past prices.
Correlation Coefficient
0.18
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
22.55
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
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.
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.