Guangxi Wuzhou (China) Market Value
| 600368 Stock | 3.89 0.03 0.78% |
| Symbol | Guangxi |
Guangxi Wuzhou '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 Wuzhou'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 Wuzhou.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Guangxi Wuzhou on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Guangxi Wuzhou Communications or generate 0.0% return on investment in Guangxi Wuzhou over 180 days. Guangxi Wuzhou is related to or competes with Industrial, Kweichow Moutai, Agricultural Bank, China Mobile, PetroChina, China Construction, and Bank of China. Guangxi Wuzhou is entity of China. It is traded as Stock on SHG exchange. More
Guangxi Wuzhou 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 Guangxi Wuzhou'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 Wuzhou Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.77 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.88 |
Guangxi Wuzhou Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangxi Wuzhou's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangxi Wuzhou's standard deviation. In reality, there are many statistical measures that can use Guangxi Wuzhou historical prices to predict the future Guangxi Wuzhou's volatility.| Risk Adjusted Performance | 0.0526 | |||
| Jensen Alpha | 0.0998 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 1.38 |
Guangxi Wuzhou Commu Backtested Returns
Guangxi Wuzhou appears to be slightly risky, given 3 months investment horizon. Guangxi Wuzhou Commu holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guangxi Wuzhou Commu, which you can use to evaluate the volatility of the firm. Please utilize Guangxi Wuzhou's risk adjusted performance of 0.0526, and Market Risk Adjusted Performance of 1.39 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangxi Wuzhou holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.0796, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangxi Wuzhou's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangxi Wuzhou is expected to be smaller as well. Please check Guangxi Wuzhou'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 Guangxi Wuzhou's current trending patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Guangxi Wuzhou Communications has modest reverse predictability. Overlapping area represents the amount of predictability between Guangxi Wuzhou time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Guangxi Wuzhou Commu price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Guangxi Wuzhou price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Guangxi Wuzhou Commu lagged returns against current returns
Autocorrelation, which is Guangxi Wuzhou 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 Wuzhou's stock expected returns. We can calculate the autocorrelation of Guangxi Wuzhou returns to help us make a trade decision. For example, suppose you find that Guangxi Wuzhou 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 Wuzhou 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 Wuzhou stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangxi Wuzhou stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangxi Wuzhou stock over time.
Current vs Lagged Prices |
| Timeline |
Guangxi Wuzhou Lagged Returns
When evaluating Guangxi Wuzhou's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangxi Wuzhou stock have on its future price. Guangxi Wuzhou 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 Wuzhou autocorrelation shows the relationship between Guangxi Wuzhou stock current value and its past values and can show if there is a momentum factor associated with investing in Guangxi Wuzhou Communications.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangxi Stock
Guangxi Wuzhou 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 Wuzhou security.