Hongkong And Shanghai Stock Market Value
| HKSHY Stock | USD 12.83 2.65 17.12% |
| Symbol | Hongkong |
Hongkong '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 Hongkong'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 Hongkong.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Hongkong on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Hongkong and Shanghai or generate 0.0% return on investment in Hongkong over 720 days. Hongkong is related to or competes with NFI, Dream International, HelloFresh, Elior Group, Hovnanian Enterprises, Magazine Luiza, and Tonies SE. The Hongkong and Shanghai Hotels, Limited, an investment holding company, engages in the ownership, development, and man... More
Hongkong 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 Hongkong'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 Hongkong and Shanghai upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0224 | |||
| Maximum Drawdown | 46.01 |
Hongkong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hongkong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hongkong's standard deviation. In reality, there are many statistical measures that can use Hongkong historical prices to predict the future Hongkong's volatility.| Risk Adjusted Performance | 0.0384 | |||
| Jensen Alpha | 0.089 | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.1595 |
Hongkong and Shanghai Backtested Returns
At this stage we consider Hongkong Pink Sheet to be somewhat reliable. Hongkong and Shanghai holds Efficiency (Sharpe) Ratio of 0.0435, which attests that the entity had a 0.0435 % return per unit of risk over the last 3 months. We have found twenty technical indicators for Hongkong and Shanghai, which you can use to evaluate the volatility of the firm. Please check out Hongkong's Risk Adjusted Performance of 0.0384, standard deviation of 4.16, and Market Risk Adjusted Performance of 0.1695 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Hongkong has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.06, which attests to a somewhat significant risk relative to the market. Hongkong returns are very sensitive to returns on the market. As the market goes up or down, Hongkong is expected to follow. Hongkong and Shanghai right now retains a risk of 4.23%. Please check out Hongkong variance, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Hongkong will be following its current trending patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
Hongkong and Shanghai has very weak reverse predictability. Overlapping area represents the amount of predictability between Hongkong time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Hongkong and Shanghai price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Hongkong price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 8.74 |
Hongkong and Shanghai lagged returns against current returns
Autocorrelation, which is Hongkong 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 Hongkong's pink sheet expected returns. We can calculate the autocorrelation of Hongkong returns to help us make a trade decision. For example, suppose you find that Hongkong 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 |
Hongkong 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 Hongkong pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hongkong pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hongkong pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hongkong Lagged Returns
When evaluating Hongkong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hongkong pink sheet have on its future price. Hongkong 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, Hongkong autocorrelation shows the relationship between Hongkong pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hongkong and Shanghai.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Hongkong Pink Sheet Analysis
When running Hongkong's price analysis, check to measure Hongkong'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 Hongkong is operating at the current time. Most of Hongkong's value examination focuses on studying past and present price action to predict the probability of Hongkong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hongkong's price. Additionally, you may evaluate how the addition of Hongkong to your portfolios can decrease your overall portfolio volatility.