Huafa Industrial (China) Market Value
| 600325 Stock | 6.55 0.09 1.39% |
| Symbol | Huafa |
Huafa Industrial '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 Huafa Industrial'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 Huafa Industrial.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Huafa Industrial on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Huafa Industrial Co or generate 0.0% return on investment in Huafa Industrial over 690 days. Huafa Industrial is related to or competes with Industrial, China Construction, Bank of China, Agricultural Bank, PetroChina, China Mobile, and Ping An. Huafa Industrial is entity of China. It is traded as Stock on SHG exchange. More
Huafa Industrial 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 Huafa Industrial'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 Huafa Industrial Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | 0.0151 | |||
| Maximum Drawdown | 20.03 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 6.36 |
Huafa Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huafa Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huafa Industrial's standard deviation. In reality, there are many statistical measures that can use Huafa Industrial historical prices to predict the future Huafa Industrial's volatility.| Risk Adjusted Performance | 0.0505 | |||
| Jensen Alpha | 0.1869 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | (0.93) |
Huafa Industrial Backtested Returns
Huafa Industrial appears to be slightly risky, given 3 months investment horizon. Huafa Industrial holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Huafa Industrial, which you can use to evaluate the volatility of the firm. Please utilize Huafa Industrial's market risk adjusted performance of (0.92), and Risk Adjusted Performance of 0.0505 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Huafa Industrial holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Huafa Industrial are expected to decrease at a much lower rate. During the bear market, Huafa Industrial is likely to outperform the market. Please check Huafa Industrial's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Huafa Industrial's current trending patterns will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
Huafa Industrial Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Huafa Industrial time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Huafa Industrial price movement. The serial correlation of -0.03 indicates that only 3.0% of current Huafa Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Huafa Industrial lagged returns against current returns
Autocorrelation, which is Huafa Industrial 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 Huafa Industrial's stock expected returns. We can calculate the autocorrelation of Huafa Industrial returns to help us make a trade decision. For example, suppose you find that Huafa Industrial 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 |
Huafa Industrial 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 Huafa Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huafa Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huafa Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Huafa Industrial Lagged Returns
When evaluating Huafa Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huafa Industrial stock have on its future price. Huafa Industrial 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, Huafa Industrial autocorrelation shows the relationship between Huafa Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Huafa Industrial Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Huafa Stock
Huafa Industrial financial ratios help investors to determine whether Huafa 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 Huafa with respect to the benefits of owning Huafa Industrial security.