Huize Holding Stock Market Value
| HUIZ Stock | USD 0.56 0.06 9.68% |
| Symbol | Huize |
Huize Holding Price To Book Ratio
Is Property & Casualty Insurance 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 Huize Holding. If investors know Huize 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 Huize Holding 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 (0.60) | Earnings Share 0.06 | Revenue Per Share 22.597 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0093 |
The market value of Huize Holding is measured differently than its book value, which is the value of Huize that is recorded on the company's balance sheet. Investors also form their own opinion of Huize Holding's value that differs from its market value or its book value, called intrinsic value, which is Huize Holding'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 Huize Holding's market value can be influenced by many factors that don't directly affect Huize Holding'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 Huize Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huize Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huize Holding'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.
Huize Holding '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 Huize Holding'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 Huize Holding.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Huize Holding on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Huize Holding or generate 0.0% return on investment in Huize Holding over 30 days. Huize Holding is related to or competes with CorVel Corp, EHealth, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and Sitka Gold. Huize Holding Limited, together with its subsidiaries, offers insurance brokerage services in the Peoples Republic of Ch... More
Huize Holding 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 Huize Holding'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 Huize Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 33.03 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 11.11 |
Huize Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huize Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huize Holding's standard deviation. In reality, there are many statistical measures that can use Huize Holding historical prices to predict the future Huize Holding's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.35) |
Huize Holding Backtested Returns
Huize Holding holds Efficiency (Sharpe) Ratio of -0.0417, which attests that the entity had a -0.0417% return per unit of risk over the last 3 months. Huize Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Huize Holding's Market Risk Adjusted Performance of (0.34), risk adjusted performance of (0.04), and Standard Deviation of 5.91 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.12, which attests to a somewhat significant risk relative to the market. Huize Holding returns are very sensitive to returns on the market. As the market goes up or down, Huize Holding is expected to follow. At this point, Huize Holding has a negative expected return of -0.25%. Please make sure to check out Huize Holding's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Huize Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Huize Holding has modest predictability. Overlapping area represents the amount of predictability between Huize Holding 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 Huize Holding price movement. The serial correlation of 0.5 indicates that about 50.0% of current Huize Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Huize Holding lagged returns against current returns
Autocorrelation, which is Huize Holding 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 Huize Holding's stock expected returns. We can calculate the autocorrelation of Huize Holding returns to help us make a trade decision. For example, suppose you find that Huize Holding 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 |
Huize Holding 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 Huize Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huize Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huize Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Huize Holding Lagged Returns
When evaluating Huize Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huize Holding stock have on its future price. Huize Holding 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, Huize Holding autocorrelation shows the relationship between Huize Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Huize Holding.
Regressed Prices |
| Timeline |
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When running Huize Holding's price analysis, check to measure Huize Holding'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 Huize Holding is operating at the current time. Most of Huize Holding's value examination focuses on studying past and present price action to predict the probability of Huize Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huize Holding's price. Additionally, you may evaluate how the addition of Huize Holding to your portfolios can decrease your overall portfolio volatility.