Yuexiu Transport Infrastructure Stock Market Value
| GZITF Stock | USD 0.58 0.00 0.00% |
| Symbol | Yuexiu |
Yuexiu Transport '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 Yuexiu Transport'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 Yuexiu Transport.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Yuexiu Transport on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Yuexiu Transport Infrastructure or generate 0.0% return on investment in Yuexiu Transport over 720 days. Yuexiu Transport is related to or competes with Verra Mobility, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables. Yuexiu Transport Infrastructure Limited, together with its subsidiaries, invests in, develops, operates, and manages exp... More
Yuexiu Transport 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 Yuexiu Transport'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 Yuexiu Transport Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0912 | |||
| Maximum Drawdown | 26.67 |
Yuexiu Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuexiu Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuexiu Transport's standard deviation. In reality, there are many statistical measures that can use Yuexiu Transport historical prices to predict the future Yuexiu Transport's volatility.| Risk Adjusted Performance | 0.1082 | |||
| Jensen Alpha | 0.3685 | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 0.9739 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yuexiu Transport'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.
Yuexiu Transport Inf Backtested Returns
Yuexiu Transport appears to be abnormally volatile, given 3 months investment horizon. Yuexiu Transport Inf shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Yuexiu Transport Inf, which you can use to evaluate the volatility of the company. Please utilize Yuexiu Transport's Standard Deviation of 3.29, mean deviation of 0.8351, and Market Risk Adjusted Performance of 0.9839 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yuexiu Transport holds a performance score of 10. The firm maintains a market beta of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Yuexiu Transport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Yuexiu Transport is expected to be smaller as well. Please check Yuexiu Transport's mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to make a quick decision on whether Yuexiu Transport's historical returns will revert.
Auto-correlation | 0.88 |
Very good predictability
Yuexiu Transport Infrastructure has very good predictability. Overlapping area represents the amount of predictability between Yuexiu Transport time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Yuexiu Transport Inf price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Yuexiu Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Yuexiu Transport Inf lagged returns against current returns
Autocorrelation, which is Yuexiu Transport 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 Yuexiu Transport's pink sheet expected returns. We can calculate the autocorrelation of Yuexiu Transport returns to help us make a trade decision. For example, suppose you find that Yuexiu Transport 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 |
Yuexiu Transport 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 Yuexiu Transport pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuexiu Transport pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuexiu Transport pink sheet over time.
Current vs Lagged Prices |
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Yuexiu Transport Lagged Returns
When evaluating Yuexiu Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuexiu Transport pink sheet have on its future price. Yuexiu Transport 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, Yuexiu Transport autocorrelation shows the relationship between Yuexiu Transport pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Yuexiu Transport Infrastructure.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yuexiu Pink Sheet
Yuexiu Transport financial ratios help investors to determine whether Yuexiu 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 Yuexiu with respect to the benefits of owning Yuexiu Transport security.