Hainan Meilan International Stock Market Value
| HMCTF Stock | USD 1.25 0.09 6.72% |
| Symbol | Hainan |
Hainan Meilan '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 Hainan Meilan'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 Hainan Meilan.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Hainan Meilan on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Hainan Meilan International or generate 0.0% return on investment in Hainan Meilan over 720 days. Hainan Meilan is related to or competes with Finnair Oyj, Tekfen Holding, Grindrod, Siem Industries, Chorus Aviation, Daiwa Industries, and ITM Power. Hainan Meilan International Airport Company Limited, together with its subsidiaries, engages in the aeronautical and non... More
Hainan Meilan 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 Hainan Meilan'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 Hainan Meilan International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 16.29 |
Hainan Meilan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Meilan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Meilan's standard deviation. In reality, there are many statistical measures that can use Hainan Meilan historical prices to predict the future Hainan Meilan's volatility.| Risk Adjusted Performance | 0.012 | |||
| Jensen Alpha | 0.0068 | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hainan Meilan'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.
Hainan Meilan Intern Backtested Returns
At this point, Hainan Meilan is risky. Hainan Meilan Intern holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Hainan Meilan Intern, which you can use to evaluate the volatility of the firm. Please check out Hainan Meilan's Standard Deviation of 1.79, market risk adjusted performance of (0.22), and Risk Adjusted Performance of 0.012 to validate if the risk estimate we provide is consistent with the expected return of 0.0158%. The company retains a Market Volatility (i.e., Beta) of -0.0222, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hainan Meilan are expected to decrease at a much lower rate. During the bear market, Hainan Meilan is likely to outperform the market. Hainan Meilan Intern right now retains a risk of 1.83%. Please check out Hainan Meilan jensen alpha, as well as the relationship between the daily balance of power and price action indicator , to decide if Hainan Meilan will be following its current trending patterns.
Auto-correlation | 0.57 |
Modest predictability
Hainan Meilan International has modest predictability. Overlapping area represents the amount of predictability between Hainan Meilan 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 Hainan Meilan Intern price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Hainan Meilan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hainan Meilan Intern lagged returns against current returns
Autocorrelation, which is Hainan Meilan 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 Hainan Meilan's pink sheet expected returns. We can calculate the autocorrelation of Hainan Meilan returns to help us make a trade decision. For example, suppose you find that Hainan Meilan 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 |
Hainan Meilan 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 Hainan Meilan pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Meilan pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Meilan pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hainan Meilan Lagged Returns
When evaluating Hainan Meilan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Meilan pink sheet have on its future price. Hainan Meilan 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, Hainan Meilan autocorrelation shows the relationship between Hainan Meilan pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hainan Meilan International.
Regressed Prices |
| Timeline |
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Other Information on Investing in Hainan Pink Sheet
Hainan Meilan financial ratios help investors to determine whether Hainan 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 Hainan with respect to the benefits of owning Hainan Meilan security.