Hangzhou EZVIZ's market value is the price at which a share of Hangzhou EZVIZ trades on a public exchange. It measures the collective expectations of Hangzhou EZVIZ Network investors about its performance. Hangzhou EZVIZ is trading at 28.00 as of the 13th of January 2025, a 2.3% down since the beginning of the trading day. The stock's open price was 28.66. With this module, you can estimate the performance of a buy and hold strategy of Hangzhou EZVIZ Network and determine expected loss or profit from investing in Hangzhou EZVIZ over a given investment horizon. Check out Hangzhou EZVIZ Correlation, Hangzhou EZVIZ Volatility and Hangzhou EZVIZ Alpha and Beta module to complement your research on Hangzhou EZVIZ.
Please note, there is a significant difference between Hangzhou EZVIZ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hangzhou EZVIZ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hangzhou EZVIZ'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.
Hangzhou EZVIZ '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 EZVIZ'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 EZVIZ.
0.00
12/14/2024
No Change 0.00
0.0
In 30 days
01/13/2025
0.00
If you would invest 0.00 in Hangzhou EZVIZ on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Hangzhou EZVIZ Network or generate 0.0% return on investment in Hangzhou EZVIZ over 30 days. Hangzhou EZVIZ is related to or competes with Beijing Shunxin, Youyou Foods, Anhui Jianghuai, Muyuan Foodstuff, Dongfeng Automobile, Tongyu Communication, and Quectel Wireless. Hangzhou EZVIZ is entity of China. It is traded as Stock on SHG exchange. More
Hangzhou EZVIZ 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 EZVIZ'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 EZVIZ Network 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 Hangzhou EZVIZ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hangzhou EZVIZ's standard deviation. In reality, there are many statistical measures that can use Hangzhou EZVIZ historical prices to predict the future Hangzhou EZVIZ's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hangzhou EZVIZ. Your research has to be compared to or analyzed against Hangzhou EZVIZ's peers to derive any actionable benefits. When done correctly, Hangzhou EZVIZ'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 Hangzhou EZVIZ Network.
Hangzhou EZVIZ Network Backtested Returns
Hangzhou EZVIZ Network holds Efficiency (Sharpe) Ratio of -0.0542, which attests that the entity had a -0.0542% return per unit of risk over the last 3 months. Hangzhou EZVIZ Network exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hangzhou EZVIZ's Standard Deviation of 2.65, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (1.84) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hangzhou EZVIZ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hangzhou EZVIZ is expected to be smaller as well. At this point, Hangzhou EZVIZ Network has a negative expected return of -0.13%. Please make sure to check out Hangzhou EZVIZ's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Hangzhou EZVIZ Network performance from the past will be repeated at some point in the near future.
Auto-correlation
0.79
Good predictability
Hangzhou EZVIZ Network has good predictability. Overlapping area represents the amount of predictability between Hangzhou EZVIZ time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 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 Hangzhou EZVIZ Network price movement. The serial correlation of 0.79 indicates that around 79.0% of current Hangzhou EZVIZ price fluctuation can be explain by its past prices.
Correlation Coefficient
0.79
Spearman Rank Test
0.73
Residual Average
0.0
Price Variance
0.63
Hangzhou EZVIZ Network lagged returns against current returns
Autocorrelation, which is Hangzhou EZVIZ 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 EZVIZ's stock expected returns. We can calculate the autocorrelation of Hangzhou EZVIZ returns to help us make a trade decision. For example, suppose you find that Hangzhou EZVIZ 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 EZVIZ 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 EZVIZ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hangzhou EZVIZ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hangzhou EZVIZ stock over time.
Current vs Lagged Prices
Timeline
Hangzhou EZVIZ Lagged Returns
When evaluating Hangzhou EZVIZ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hangzhou EZVIZ stock have on its future price. Hangzhou EZVIZ 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 EZVIZ autocorrelation shows the relationship between Hangzhou EZVIZ stock current value and its past values and can show if there is a momentum factor associated with investing in Hangzhou EZVIZ Network.
Hangzhou EZVIZ 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 EZVIZ security.