Guangxi Guiguan's market value is the price at which a share of Guangxi Guiguan trades on a public exchange. It measures the collective expectations of Guangxi Guiguan Electric investors about its performance. Guangxi Guiguan is trading at 6.36 as of the 4th of February 2025, a 1.44 percent increase since the beginning of the trading day. The stock's open price was 6.27. With this module, you can estimate the performance of a buy and hold strategy of Guangxi Guiguan Electric and determine expected loss or profit from investing in Guangxi Guiguan over a given investment horizon. Check out Guangxi Guiguan Correlation, Guangxi Guiguan Volatility and Guangxi Guiguan Alpha and Beta module to complement your research on Guangxi Guiguan.
Please note, there is a significant difference between Guangxi Guiguan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guangxi Guiguan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guangxi Guiguan'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.
Guangxi Guiguan '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 Guangxi Guiguan'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 Guangxi Guiguan.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guangxi Guiguan'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 Guangxi Guiguan Electric 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 Guangxi Guiguan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangxi Guiguan's standard deviation. In reality, there are many statistical measures that can use Guangxi Guiguan historical prices to predict the future Guangxi Guiguan's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guangxi Guiguan. Your research has to be compared to or analyzed against Guangxi Guiguan's peers to derive any actionable benefits. When done correctly, Guangxi Guiguan'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 Guangxi Guiguan Electric.
Guangxi Guiguan Electric Backtested Returns
At this point, Guangxi Guiguan is somewhat reliable. Guangxi Guiguan Electric holds Efficiency (Sharpe) Ratio of 0.0517, which attests that the entity had a 0.0517 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guangxi Guiguan Electric, which you can use to evaluate the volatility of the firm. Please check out Guangxi Guiguan's risk adjusted performance of 0.048, and Market Risk Adjusted Performance of (0.25) to validate if the risk estimate we provide is consistent with the expected return of 0.0796%. Guangxi Guiguan has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guangxi Guiguan are expected to decrease at a much lower rate. During the bear market, Guangxi Guiguan is likely to outperform the market. Guangxi Guiguan Electric right now retains a risk of 1.54%. Please check out Guangxi Guiguan mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Guangxi Guiguan will be following its current trending patterns.
Auto-correlation
-0.39
Poor reverse predictability
Guangxi Guiguan Electric has poor reverse predictability. Overlapping area represents the amount of predictability between Guangxi Guiguan time series from 5th of January 2025 to 20th of January 2025 and 20th of January 2025 to 4th 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 Guangxi Guiguan Electric price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Guangxi Guiguan price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
-0.04
Residual Average
0.0
Price Variance
0.0
Guangxi Guiguan Electric lagged returns against current returns
Autocorrelation, which is Guangxi Guiguan 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 Guangxi Guiguan's stock expected returns. We can calculate the autocorrelation of Guangxi Guiguan returns to help us make a trade decision. For example, suppose you find that Guangxi Guiguan 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
Guangxi Guiguan 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 Guangxi Guiguan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangxi Guiguan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangxi Guiguan stock over time.
Current vs Lagged Prices
Timeline
Guangxi Guiguan Lagged Returns
When evaluating Guangxi Guiguan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangxi Guiguan stock have on its future price. Guangxi Guiguan 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, Guangxi Guiguan autocorrelation shows the relationship between Guangxi Guiguan stock current value and its past values and can show if there is a momentum factor associated with investing in Guangxi Guiguan Electric.
Guangxi Guiguan financial ratios help investors to determine whether Guangxi 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 Guangxi with respect to the benefits of owning Guangxi Guiguan security.