Ck Hutchison Holdings Stock Market Value
| CKHUY Stock | USD 5.09 0.01 0.20% |
| Symbol | CKHUY |
CK Hutchison '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 CK Hutchison'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 CK Hutchison.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in CK Hutchison on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding CK Hutchison Holdings or generate 0.0% return on investment in CK Hutchison over 30 days. CK Hutchison is related to or competes with Element Solutions, Orion Engineered, Minerals Technologies, Ingevity Corp, Hawkins, Crown Electrokinetics, and Core Molding. CK Hutchison Holdings Limited, an investment holding company, operates in ports and related services, retail, infrastruc... More
CK Hutchison 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 CK Hutchison'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 CK Hutchison Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.3 |
CK Hutchison Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CK Hutchison's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CK Hutchison's standard deviation. In reality, there are many statistical measures that can use CK Hutchison historical prices to predict the future CK Hutchison's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CK Hutchison'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.
CK Hutchison Holdings Backtested Returns
CK Hutchison Holdings retains Efficiency (Sharpe Ratio) of -0.0602, which signifies that the company had a -0.0602% return per unit of price deviation over the last 3 months. CK Hutchison exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CK Hutchison's Market Risk Adjusted Performance of (0.30), variance of 2.31, and Information Ratio of (0.11) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CK Hutchison's returns are expected to increase less than the market. However, during the bear market, the loss of holding CK Hutchison is expected to be smaller as well. At this point, CK Hutchison Holdings has a negative expected return of -0.0912%. Please make sure to confirm CK Hutchison's jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if CK Hutchison Holdings performance from the past will be repeated sooner or later.
Auto-correlation | -0.46 |
Modest reverse predictability
CK Hutchison Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between CK Hutchison time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 CK Hutchison Holdings price movement. The serial correlation of -0.46 indicates that about 46.0% of current CK Hutchison price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CK Hutchison Holdings lagged returns against current returns
Autocorrelation, which is CK Hutchison 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 CK Hutchison's pink sheet expected returns. We can calculate the autocorrelation of CK Hutchison returns to help us make a trade decision. For example, suppose you find that CK Hutchison 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 |
CK Hutchison 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 CK Hutchison pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CK Hutchison pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CK Hutchison pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CK Hutchison Lagged Returns
When evaluating CK Hutchison's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CK Hutchison pink sheet have on its future price. CK Hutchison 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, CK Hutchison autocorrelation shows the relationship between CK Hutchison pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CK Hutchison Holdings.
Regressed Prices |
| Timeline |
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When running CK Hutchison's price analysis, check to measure CK Hutchison'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 CK Hutchison is operating at the current time. Most of CK Hutchison's value examination focuses on studying past and present price action to predict the probability of CK Hutchison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CK Hutchison's price. Additionally, you may evaluate how the addition of CK Hutchison to your portfolios can decrease your overall portfolio volatility.