Ganfeng Lithium Co Stock Market Value
| GNENY Stock | USD 2.36 0.27 10.27% |
| Symbol | Ganfeng |
Ganfeng Lithium '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 Ganfeng Lithium'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 Ganfeng Lithium.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Ganfeng Lithium on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Ganfeng Lithium Co or generate 0.0% return on investment in Ganfeng Lithium over 30 days. Ganfeng Lithium is related to or competes with BioLargo, Shin-Etsu Chemical, Lsb Industries, and Braskem SA. Ganfeng Lithium Group Co., Ltd. manufactures and sells lithium products in Mainland China, rest of Asia, the European Un... More
Ganfeng Lithium 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 Ganfeng Lithium'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 Ganfeng Lithium Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.63 | |||
| Information Ratio | 0.031 | |||
| Maximum Drawdown | 30.62 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 8.2 |
Ganfeng Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ganfeng Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ganfeng Lithium's standard deviation. In reality, there are many statistical measures that can use Ganfeng Lithium historical prices to predict the future Ganfeng Lithium's volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.1419 | |||
| Total Risk Alpha | 0.0248 | |||
| Sortino Ratio | 0.0251 | |||
| Treynor Ratio | 0.1709 |
Ganfeng Lithium Backtested Returns
At this stage we consider Ganfeng Pink Sheet to be very risky. Ganfeng Lithium holds Efficiency (Sharpe) Ratio of 0.0351, which attests that the entity had a 0.0351 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ganfeng Lithium, which you can use to evaluate the volatility of the firm. Please check out Ganfeng Lithium's Downside Deviation of 5.63, risk adjusted performance of 0.0411, and Market Risk Adjusted Performance of 0.1809 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Ganfeng Lithium has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. Ganfeng Lithium returns are very sensitive to returns on the market. As the market goes up or down, Ganfeng Lithium is expected to follow. Ganfeng Lithium right now retains a risk of 4.74%. Please check out Ganfeng Lithium maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Ganfeng Lithium will be following its current trending patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Ganfeng Lithium Co has modest reverse predictability. Overlapping area represents the amount of predictability between Ganfeng Lithium time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 Ganfeng Lithium price movement. The serial correlation of -0.46 indicates that about 46.0% of current Ganfeng Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ganfeng Lithium lagged returns against current returns
Autocorrelation, which is Ganfeng Lithium 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 Ganfeng Lithium's pink sheet expected returns. We can calculate the autocorrelation of Ganfeng Lithium returns to help us make a trade decision. For example, suppose you find that Ganfeng Lithium 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 |
Ganfeng Lithium 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 Ganfeng Lithium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ganfeng Lithium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ganfeng Lithium pink sheet over time.
Current vs Lagged Prices |
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Ganfeng Lithium Lagged Returns
When evaluating Ganfeng Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ganfeng Lithium pink sheet have on its future price. Ganfeng Lithium 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, Ganfeng Lithium autocorrelation shows the relationship between Ganfeng Lithium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ganfeng Lithium Co.
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 Ganfeng Pink Sheet Analysis
When running Ganfeng Lithium's price analysis, check to measure Ganfeng Lithium'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 Ganfeng Lithium is operating at the current time. Most of Ganfeng Lithium's value examination focuses on studying past and present price action to predict the probability of Ganfeng Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ganfeng Lithium's price. Additionally, you may evaluate how the addition of Ganfeng Lithium to your portfolios can decrease your overall portfolio volatility.