Anhui Liuguo (China) Market Value
| 600470 Stock | 6.27 0.12 1.95% |
| Symbol | Anhui |
Anhui Liuguo '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 Anhui Liuguo'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 Anhui Liuguo.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in Anhui Liuguo on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding Anhui Liuguo Chemical or generate 0.0% return on investment in Anhui Liuguo over 540 days. Anhui Liuguo is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Rongsheng Petrochemical, and Hoshine Silicon. Anhui Liuguo is entity of China. It is traded as Stock on SHG exchange. More
Anhui Liuguo 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 Anhui Liuguo'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 Anhui Liuguo Chemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.78 | |||
| Information Ratio | 0.15 | |||
| Maximum Drawdown | 20.12 | |||
| Value At Risk | (6.39) | |||
| Potential Upside | 10.0 |
Anhui Liuguo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Liuguo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Liuguo's standard deviation. In reality, there are many statistical measures that can use Anhui Liuguo historical prices to predict the future Anhui Liuguo's volatility.| Risk Adjusted Performance | 0.1452 | |||
| Jensen Alpha | 0.7663 | |||
| Total Risk Alpha | 0.1159 | |||
| Sortino Ratio | 0.1682 | |||
| Treynor Ratio | (5.09) |
Anhui Liuguo Chemical Backtested Returns
Anhui Liuguo appears to be relatively risky, given 3 months investment horizon. Anhui Liuguo Chemical secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Anhui Liuguo's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of Anhui Liuguo's risk adjusted performance of 0.1452, and Mean Deviation of 2.96 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anhui Liuguo holds a performance score of 13. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anhui Liuguo are expected to decrease at a much lower rate. During the bear market, Anhui Liuguo is likely to outperform the market. Please check Anhui Liuguo'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 Anhui Liuguo's price patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Anhui Liuguo Chemical has modest reverse predictability. Overlapping area represents the amount of predictability between Anhui Liuguo time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd of December 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 Anhui Liuguo Chemical price movement. The serial correlation of -0.49 indicates that about 49.0% of current Anhui Liuguo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Anhui Liuguo Chemical lagged returns against current returns
Autocorrelation, which is Anhui Liuguo 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 Anhui Liuguo's stock expected returns. We can calculate the autocorrelation of Anhui Liuguo returns to help us make a trade decision. For example, suppose you find that Anhui Liuguo 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 |
Anhui Liuguo 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 Anhui Liuguo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Liuguo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Liuguo stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Liuguo Lagged Returns
When evaluating Anhui Liuguo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Liuguo stock have on its future price. Anhui Liuguo 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, Anhui Liuguo autocorrelation shows the relationship between Anhui Liuguo stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Liuguo Chemical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anhui Stock
Anhui Liuguo financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Liuguo security.