Hainan Haiyao's market value is the price at which a share of Hainan Haiyao trades on a public exchange. It measures the collective expectations of Hainan Haiyao Co investors about its performance. Hainan Haiyao is trading at 4.68 as of the 4th of January 2025, a 4.00 percent increase since the beginning of the trading day. The stock's open price was 4.5. With this module, you can estimate the performance of a buy and hold strategy of Hainan Haiyao Co and determine expected loss or profit from investing in Hainan Haiyao over a given investment horizon. Check out Hainan Haiyao Correlation, Hainan Haiyao Volatility and Hainan Haiyao Alpha and Beta module to complement your research on Hainan Haiyao.
Please note, there is a significant difference between Hainan Haiyao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hainan Haiyao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hainan Haiyao'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.
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.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Hainan Haiyao on November 5, 2024 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 60 days. Hainan Haiyao is related to or competes with Hefei Metalforming, Weihai Honglin, Sino Platinum, Shuhua Sports, Guangdong Ellington, Shanghai Yanpu, and China Sports. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hainan Haiyao. Your research has to be compared to or analyzed against Hainan Haiyao's peers to derive any actionable benefits. When done correctly, Hainan Haiyao's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hainan Haiyao.
Hainan Haiyao Backtested Returns
At this point, Hainan Haiyao is unstable. Hainan Haiyao holds Efficiency (Sharpe) Ratio of 0.0209, which attests that the entity had a 0.0209% return per unit of risk over the last 3 months. We have found twenty-nine 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 4.34, risk adjusted performance of 0.078, and Market Risk Adjusted Performance of 21.77 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. 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 0.0193, which attests to not very significant fluctuations relative to the market. 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 4.85%. Please check out Hainan Haiyao semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Hainan Haiyao will be following its current trending patterns.
Auto-correlation
0.25
Poor predictability
Hainan Haiyao Co has poor predictability. Overlapping area represents the amount of predictability between Hainan Haiyao time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 0.25 indicates that over 25.0% of current Hainan Haiyao price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.21
Residual Average
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Price Variance
0.21
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
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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
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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.
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.