Huadi International Group Stock Market Value
| HUDI Stock | USD 2.00 0.05 2.56% |
| Symbol | Huadi |
Huadi International Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huadi International. If investors know Huadi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huadi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.44) | Earnings Share 0.19 | Revenue Per Share 5.855 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0116 |
The market value of Huadi International is measured differently than its book value, which is the value of Huadi that is recorded on the company's balance sheet. Investors also form their own opinion of Huadi International's value that differs from its market value or its book value, called intrinsic value, which is Huadi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huadi International's market value can be influenced by many factors that don't directly affect Huadi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huadi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huadi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huadi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Huadi International '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 Huadi International's stock 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 Huadi International.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Huadi International on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Huadi International Group or generate 0.0% return on investment in Huadi International over 30 days. Huadi International is related to or competes with Aurion Resources, Golden Star, Paramount Gold, Vista Gold, Orezone Gold, and Rio2. Huadi International Group Co., Ltd. develops, manufactures, markets, and sells industrial stainless steel seamless pipes... More
Huadi International 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 Huadi International's stock 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 Huadi International Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 31.0 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 9.42 |
Huadi International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huadi International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huadi International's standard deviation. In reality, there are many statistical measures that can use Huadi International historical prices to predict the future Huadi International's volatility.| Risk Adjusted Performance | 0.0031 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Huadi International'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.
Huadi International Backtested Returns
Huadi International holds Efficiency (Sharpe) Ratio of -7.0E-4, which attests that the entity had a -7.0E-4% return per unit of standard deviation over the last 3 months. Huadi International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Huadi International's risk adjusted performance of 0.0031, and Market Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Huadi International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Huadi International is expected to be smaller as well. At this point, Huadi International has a negative expected return of -0.0035%. Please make sure to check out Huadi International's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Huadi International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Huadi International Group has weak reverse predictability. Overlapping area represents the amount of predictability between Huadi International time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 Huadi International price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Huadi International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Huadi International lagged returns against current returns
Autocorrelation, which is Huadi International stock'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 Huadi International's stock expected returns. We can calculate the autocorrelation of Huadi International returns to help us make a trade decision. For example, suppose you find that Huadi International has exhibited high autocorrelation historically, and you observe that the stock 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 |
Huadi International 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 Huadi International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huadi International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huadi International stock over time.
Current vs Lagged Prices |
| Timeline |
Huadi International Lagged Returns
When evaluating Huadi International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huadi International stock have on its future price. Huadi International 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, Huadi International autocorrelation shows the relationship between Huadi International stock current value and its past values and can show if there is a momentum factor associated with investing in Huadi International Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Huadi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huadi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huadi International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huadi International Group Stock:Check out Huadi International Correlation, Huadi International Volatility and Huadi International Alpha and Beta module to complement your research on Huadi International. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Huadi International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.