Shanghai Huayi's market value is the price at which a share of Shanghai Huayi trades on a public exchange. It measures the collective expectations of Shanghai Huayi Group investors about its performance. Shanghai Huayi is trading at 0.54 as of the 1st of February 2025, a 1.89 percent increase since the beginning of the trading day. The stock's open price was 0.53. With this module, you can estimate the performance of a buy and hold strategy of Shanghai Huayi Group and determine expected loss or profit from investing in Shanghai Huayi over a given investment horizon. Check out Shanghai Huayi Correlation, Shanghai Huayi Volatility and Shanghai Huayi Alpha and Beta module to complement your research on Shanghai Huayi.
Please note, there is a significant difference between Shanghai Huayi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shanghai Huayi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shanghai Huayi'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.
Shanghai Huayi '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 Shanghai Huayi'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 Shanghai Huayi.
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08/05/2024
No Change 0.00
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In 5 months and 30 days
02/01/2025
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If you would invest 0.00 in Shanghai Huayi on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Shanghai Huayi Group or generate 0.0% return on investment in Shanghai Huayi over 180 days. Shanghai Huayi is related to or competes with Sino Medical, APT Medical, Hengkang Medical, Eyebright Medical, JCHX Mining, and Kontour (Xian). Shanghai Huayi is entity of China. It is traded as Stock on SHG exchange. More
Shanghai Huayi 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 Shanghai Huayi'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 Shanghai Huayi Group 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 Shanghai Huayi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shanghai Huayi's standard deviation. In reality, there are many statistical measures that can use Shanghai Huayi historical prices to predict the future Shanghai Huayi's volatility.
At this point, Shanghai Huayi is dangerous. Shanghai Huayi Group owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanghai Huayi Group, which you can use to evaluate the volatility of the company. Please validate Shanghai Huayi's Risk Adjusted Performance of 0.0112, semi deviation of 1.25, and Coefficient Of Variation of 12888.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.011%. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shanghai Huayi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shanghai Huayi is expected to be smaller as well. Shanghai Huayi Group right now has a risk of 1.5%. Please validate Shanghai Huayi mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Shanghai Huayi will be following its existing price patterns.
Auto-correlation
-0.84
Excellent reverse predictability
Shanghai Huayi Group has excellent reverse predictability. Overlapping area represents the amount of predictability between Shanghai Huayi time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 Shanghai Huayi Group price movement. The serial correlation of -0.84 indicates that around 84.0% of current Shanghai Huayi price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.84
Spearman Rank Test
-0.38
Residual Average
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Price Variance
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Shanghai Huayi Group lagged returns against current returns
Autocorrelation, which is Shanghai Huayi 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 Shanghai Huayi's stock expected returns. We can calculate the autocorrelation of Shanghai Huayi returns to help us make a trade decision. For example, suppose you find that Shanghai Huayi 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
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Shanghai Huayi 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 Shanghai Huayi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shanghai Huayi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shanghai Huayi stock over time.
Current vs Lagged Prices
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Shanghai Huayi Lagged Returns
When evaluating Shanghai Huayi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shanghai Huayi stock have on its future price. Shanghai Huayi 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, Shanghai Huayi autocorrelation shows the relationship between Shanghai Huayi stock current value and its past values and can show if there is a momentum factor associated with investing in Shanghai Huayi Group.
Shanghai Huayi financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Huayi security.