Hainan Expressway (China) Market Value
| 000886 Stock | 7.00 0.08 1.13% |
| Symbol | Hainan |
Hainan Expressway '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 Expressway'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 Expressway.
| 01/10/2025 |
| 03/11/2025 |
If you would invest 0.00 in Hainan Expressway on January 10, 2025 and sell it all today you would earn a total of 0.00 from holding Hainan Expressway Co or generate 0.0% return on investment in Hainan Expressway over 60 days. Hainan Expressway is related to or competes with Qingdao Hiron, CIMC Vehicles, Peoples Insurance, Songz Automobile, Aofu Environmental, Xiangyang Automobile, and Fujian Nanwang. Hainan Expressway is entity of China. It is traded as Stock on SHE exchange. More
Hainan Expressway 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 Expressway'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 Expressway Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.08 | |||
| Information Ratio | 0.0903 | |||
| Maximum Drawdown | 20.1 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 8.2 |
Hainan Expressway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Expressway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Expressway's standard deviation. In reality, there are many statistical measures that can use Hainan Expressway historical prices to predict the future Hainan Expressway's volatility.| Risk Adjusted Performance | 0.0663 | |||
| Jensen Alpha | 0.274 | |||
| Total Risk Alpha | 0.6538 | |||
| Sortino Ratio | 0.087 | |||
| Treynor Ratio | (3.84) |
Hainan Expressway Backtested Returns
At this point, Hainan Expressway is slightly risky. Hainan Expressway holds Efficiency (Sharpe) Ratio of 0.0156, which attests that the entity had a 0.0156 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hainan Expressway, which you can use to evaluate the volatility of the firm. Please check out Hainan Expressway's Market Risk Adjusted Performance of (3.83), downside deviation of 4.08, and Risk Adjusted Performance of 0.0663 to validate if the risk estimate we provide is consistent with the expected return of 0.0597%. Hainan Expressway has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0727, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hainan Expressway are expected to decrease at a much lower rate. During the bear market, Hainan Expressway is likely to outperform the market. Hainan Expressway right now retains a risk of 3.83%. Please check out Hainan Expressway semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Hainan Expressway will be following its current trending patterns.
Auto-correlation | 0.46 |
Average predictability
Hainan Expressway Co has average predictability. Overlapping area represents the amount of predictability between Hainan Expressway time series from 10th of January 2025 to 9th of February 2025 and 9th of February 2025 to 11th of March 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 Expressway price movement. The serial correlation of 0.46 indicates that about 46.0% of current Hainan Expressway price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Hainan Expressway lagged returns against current returns
Autocorrelation, which is Hainan Expressway 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 Expressway's stock expected returns. We can calculate the autocorrelation of Hainan Expressway returns to help us make a trade decision. For example, suppose you find that Hainan Expressway 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 Expressway 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 Expressway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Expressway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Expressway stock over time.
Current vs Lagged Prices |
| Timeline |
Hainan Expressway Lagged Returns
When evaluating Hainan Expressway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Expressway stock have on its future price. Hainan Expressway 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 Expressway autocorrelation shows the relationship between Hainan Expressway stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan Expressway 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 Expressway 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 Expressway security.