China Foods Holdings Stock Market Value
| CFOO Stock | USD 0.77 0.00 0.00% |
| Symbol | China |
China Foods '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 China Foods' pink sheet 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 China Foods.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in China Foods on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding China Foods Holdings or generate 0.0% return on investment in China Foods over 30 days. China Foods is related to or competes with Artisan Consumer, A2 Milk, and General Mills. China Foods Holdings Ltd. sells healthcare products and offers consulting services in Hong Kong and China More
China Foods 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 China Foods' pink sheet 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 China Foods Holdings upside and downside potential and time the market with a certain degree of confidence.
China Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Foods' standard deviation. In reality, there are many statistical measures that can use China Foods historical prices to predict the future China Foods' volatility.China Foods Holdings Backtested Returns
We have found three technical indicators for China Foods Holdings, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and China Foods are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
China Foods Holdings has perfect predictability. Overlapping area represents the amount of predictability between China Foods time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 China Foods Holdings price movement. The serial correlation of 1.0 indicates that 100.0% of current China Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Foods Holdings lagged returns against current returns
Autocorrelation, which is China Foods pink sheet'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 China Foods' pink sheet expected returns. We can calculate the autocorrelation of China Foods returns to help us make a trade decision. For example, suppose you find that China Foods has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
China Foods 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 China Foods pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Foods pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Foods pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Foods Lagged Returns
When evaluating China Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Foods pink sheet have on its future price. China Foods 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, China Foods autocorrelation shows the relationship between China Foods pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Foods Holdings.
Regressed Prices |
| Timeline |
Pair Trading with China Foods
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Foods will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Foods Holdings to buy it.
The correlation of China Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Foods Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in China Pink Sheet
China Foods financial ratios help investors to determine whether China Pink Sheet 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 China with respect to the benefits of owning China Foods security.