China Health Industries Stock Market Value
| CHHE Stock | USD 0.20 0.00 0.00% |
| Symbol | China |
China Health '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 Health'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 Health.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in China Health on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding China Health Industries or generate 0.0% return on investment in China Health over 720 days. China Health is related to or competes with Alvotech, Molecular Partners, Sphere 3D, Paysafe, Uber Technologies, Allient, and FARO Technologies. China Health Industries Holdings, Inc., through its subsidiaries, manufactures and sells health products More
China Health 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 Health'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 Health Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 33.55 | |||
| Value At Risk | (9.09) |
China Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Health's standard deviation. In reality, there are many statistical measures that can use China Health historical prices to predict the future China Health's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.68) |
China Health Industries Backtested Returns
China Health Industries secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of risk over the last 3 months. China Health Industries exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Health's Standard Deviation of 4.11, risk adjusted performance of (0.12), and Mean Deviation of 1.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.11, which signifies a somewhat significant risk relative to the market. China Health returns are very sensitive to returns on the market. As the market goes up or down, China Health is expected to follow. At this point, China Health Industries has a negative expected return of -0.74%. Please make sure to confirm China Health's information ratio and the relationship between the value at risk and relative strength index , to decide if China Health Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
China Health Industries has weak reverse predictability. Overlapping area represents the amount of predictability between China Health time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 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 China Health Industries price movement. The serial correlation of -0.25 indicates that over 25.0% of current China Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
China Health Industries lagged returns against current returns
Autocorrelation, which is China Health 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 Health's pink sheet expected returns. We can calculate the autocorrelation of China Health returns to help us make a trade decision. For example, suppose you find that China Health 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 Health 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 Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Health 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 Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Health Lagged Returns
When evaluating China Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Health pink sheet have on its future price. China Health 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 Health autocorrelation shows the relationship between China Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Health Industries.
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.Other Information on Investing in China Pink Sheet
China Health 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 Health security.