China Galaxy Securities Stock Market Value
| CGXYY Stock | USD 33.00 0.00 0.00% |
| Symbol | China |
China Galaxy '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 Galaxy's 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 Galaxy.
| 01/26/2024 |
| 01/15/2026 |
If you would invest 0.00 in China Galaxy on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding China Galaxy Securities or generate 0.0% return on investment in China Galaxy over 720 days. China Galaxy is related to or competes with Computershare, Computershare, Daiwa Securities, Daiwa Securities, National Bank, Singapore Exchange, and National Bank. China Galaxy Securities Co., Ltd. provides various financial services in the Peoples Republic of China More
China Galaxy 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 Galaxy's 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 Galaxy Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (1.20) |
China Galaxy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Galaxy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Galaxy's standard deviation. In reality, there are many statistical measures that can use China Galaxy historical prices to predict the future China Galaxy's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.8451 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Galaxy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Galaxy Securities Backtested Returns
China Galaxy Securities secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % return per unit of risk over the last 3 months. China Galaxy Securities exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Galaxy's Standard Deviation of 1.28, risk adjusted performance of (0.11), and Mean Deviation of 0.4808 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Galaxy are expected to decrease at a much lower rate. During the bear market, China Galaxy is likely to outperform the market. At this point, China Galaxy Securities has a negative expected return of -0.16%. Please make sure to confirm China Galaxy's information ratio, as well as the relationship between the value at risk and rate of daily change , to decide if China Galaxy Securities performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
China Galaxy Securities has no correlation between past and present. Overlapping area represents the amount of predictability between China Galaxy time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th of January 2026. 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 Galaxy Securities price movement. The serial correlation of 0.0 indicates that just 0.0% of current China Galaxy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Galaxy Securities lagged returns against current returns
Autocorrelation, which is China Galaxy 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 Galaxy's pink sheet expected returns. We can calculate the autocorrelation of China Galaxy returns to help us make a trade decision. For example, suppose you find that China Galaxy 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 Galaxy 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 Galaxy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Galaxy 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 Galaxy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Galaxy Lagged Returns
When evaluating China Galaxy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Galaxy pink sheet have on its future price. China Galaxy 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 Galaxy autocorrelation shows the relationship between China Galaxy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Galaxy Securities.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for China Pink Sheet Analysis
When running China Galaxy's price analysis, check to measure China Galaxy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Galaxy is operating at the current time. Most of China Galaxy's value examination focuses on studying past and present price action to predict the probability of China Galaxy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Galaxy's price. Additionally, you may evaluate how the addition of China Galaxy to your portfolios can decrease your overall portfolio volatility.