Hainan Haiyao (China) Market Value
| 000566 Stock | 4.42 0.10 2.21% |
| Symbol | Hainan |
Hainan Haiyao '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 Haiyao'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 Hainan Haiyao.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Hainan Haiyao on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Hainan Haiyao Co or generate 0.0% return on investment in Hainan Haiyao over 720 days. Hainan Haiyao is related to or competes with Citic Guoan, Suzhou Douson, Digiwin Software, Dhc Software, XiaMen HongXin, HanS Laser, and HaiXin Foods. Hainan Haiyao is entity of China. It is traded as Stock on SHE exchange. More
Hainan Haiyao 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 Haiyao'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 Hainan Haiyao Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.85 | |||
| Information Ratio | 0.055 | |||
| Maximum Drawdown | 20.01 | |||
| Value At Risk | (6.28) | |||
| Potential Upside | 9.96 |
Hainan Haiyao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Haiyao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Haiyao's standard deviation. In reality, there are many statistical measures that can use Hainan Haiyao historical prices to predict the future Hainan Haiyao's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.2626 | |||
| Total Risk Alpha | 0.1621 | |||
| Sortino Ratio | 0.0647 | |||
| Treynor Ratio | 0.8401 |
Hainan Haiyao Backtested Returns
At this point, Hainan Haiyao is unstable. Hainan Haiyao holds Efficiency (Sharpe) Ratio of 0.0135, which attests that the entity had a 0.0135 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hainan Haiyao, which you can use to evaluate the volatility of the firm. Please check out Hainan Haiyao's Downside Deviation of 3.85, risk adjusted performance of 0.0596, and Market Risk Adjusted Performance of 0.8501 to validate if the risk estimate we provide is consistent with the expected return of 0.0595%. Hainan Haiyao has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hainan Haiyao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hainan Haiyao is expected to be smaller as well. Hainan Haiyao right now retains a risk of 4.41%. Please check out Hainan Haiyao market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Hainan Haiyao will be following its current trending patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
Hainan Haiyao Co has poor reverse predictability. Overlapping area represents the amount of predictability between Hainan Haiyao time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 Haiyao price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Hainan Haiyao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Hainan Haiyao lagged returns against current returns
Autocorrelation, which is Hainan Haiyao 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 Hainan Haiyao's stock expected returns. We can calculate the autocorrelation of Hainan Haiyao returns to help us make a trade decision. For example, suppose you find that Hainan Haiyao 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 |
Hainan Haiyao 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 Haiyao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Haiyao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Haiyao stock over time.
Current vs Lagged Prices |
| Timeline |
Hainan Haiyao Lagged Returns
When evaluating Hainan Haiyao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Haiyao stock have on its future price. Hainan Haiyao 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 Haiyao autocorrelation shows the relationship between Hainan Haiyao stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan Haiyao Co.
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.Other Information on Investing in Hainan Stock
Hainan Haiyao financial ratios help investors to determine whether Hainan Stock 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 Haiyao security.