Hangzhou Lion (China) Market Value
| 605358 Stock | 26.60 0.85 3.30% |
| Symbol | Hangzhou |
Hangzhou Lion '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 Hangzhou Lion'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 Hangzhou Lion.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Hangzhou Lion on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Hangzhou Lion Electronics or generate 0.0% return on investment in Hangzhou Lion over 30 days. Hangzhou Lion is related to or competes with Agricultural Bank, ROPEOK Technology, Xiamen Bank, China Everbright, Guosheng Financial, Bank of Suzhou, and Sinofibers Technology. Hangzhou Lion is entity of China. It is traded as Stock on SHG exchange. More
Hangzhou Lion 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 Hangzhou Lion'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 Hangzhou Lion Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 18.56 | |||
| Value At Risk | (5.37) | |||
| Potential Upside | 3.33 |
Hangzhou Lion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hangzhou Lion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hangzhou Lion's standard deviation. In reality, there are many statistical measures that can use Hangzhou Lion historical prices to predict the future Hangzhou Lion's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 2.88 |
Hangzhou Lion Electronics Backtested Returns
Hangzhou Lion appears to be not too volatile, given 3 months investment horizon. Hangzhou Lion Electronics holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Hangzhou Lion's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Hangzhou Lion's Market Risk Adjusted Performance of 2.89, risk adjusted performance of (0.12), and Standard Deviation of 2.96 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hangzhou Lion holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hangzhou Lion are expected to decrease at a much lower rate. During the bear market, Hangzhou Lion is likely to outperform the market. Please check Hangzhou Lion's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Hangzhou Lion's current trending patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Hangzhou Lion Electronics has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hangzhou Lion time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Hangzhou Lion Electronics price movement. The serial correlation of -0.74 indicates that around 74.0% of current Hangzhou Lion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Hangzhou Lion Electronics lagged returns against current returns
Autocorrelation, which is Hangzhou Lion 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 Hangzhou Lion's stock expected returns. We can calculate the autocorrelation of Hangzhou Lion returns to help us make a trade decision. For example, suppose you find that Hangzhou Lion 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 |
Hangzhou Lion 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 Hangzhou Lion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hangzhou Lion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hangzhou Lion stock over time.
Current vs Lagged Prices |
| Timeline |
Hangzhou Lion Lagged Returns
When evaluating Hangzhou Lion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hangzhou Lion stock have on its future price. Hangzhou Lion 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, Hangzhou Lion autocorrelation shows the relationship between Hangzhou Lion stock current value and its past values and can show if there is a momentum factor associated with investing in Hangzhou Lion Electronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hangzhou Stock
Hangzhou Lion financial ratios help investors to determine whether Hangzhou 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 Hangzhou with respect to the benefits of owning Hangzhou Lion security.