Hainan Development (China) Market Value

002163 Stock   9.54  0.21  2.15%   
Hainan Development's market value is the price at which a share of Hainan Development trades on a public exchange. It measures the collective expectations of Hainan Development Holdings investors about its performance. Hainan Development is trading at 9.54 as of the 13th of March 2025, a 2.15 percent decrease since the beginning of the trading day. The stock's open price was 9.75.
With this module, you can estimate the performance of a buy and hold strategy of Hainan Development Holdings and determine expected loss or profit from investing in Hainan Development over a given investment horizon. Check out Hainan Development Correlation, Hainan Development Volatility and Hainan Development Alpha and Beta module to complement your research on Hainan Development.
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Please note, there is a significant difference between Hainan Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hainan Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hainan Development'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 Development '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 Development'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 Development.
0.00
12/13/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/13/2025
0.00
If you would invest  0.00  in Hainan Development on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Hainan Development Holdings or generate 0.0% return on investment in Hainan Development over 90 days. Hainan Development is related to or competes with Cultural Investment, Science Environmental, Hunan Investment, Jiangsu Yueda, Liuzhou Iron, Bengang Steel, and Wangneng Environment. More

Hainan Development 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 Development'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 Development Holdings upside and downside potential and time the market with a certain degree of confidence.

Hainan Development Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Development's standard deviation. In reality, there are many statistical measures that can use Hainan Development historical prices to predict the future Hainan Development's volatility.
Hype
Prediction
LowEstimatedHigh
6.099.5412.99
Details
Intrinsic
Valuation
LowRealHigh
5.809.2512.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hainan Development. Your research has to be compared to or analyzed against Hainan Development's peers to derive any actionable benefits. When done correctly, Hainan Development'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 Development.

Hainan Development Backtested Returns

Hainan Development holds Efficiency (Sharpe) Ratio of -0.0576, which attests that the entity had a -0.0576 % return per unit of risk over the last 3 months. Hainan Development exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hainan Development's Standard Deviation of 3.45, market risk adjusted performance of 3.06, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0684, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hainan Development are expected to decrease at a much lower rate. During the bear market, Hainan Development is likely to outperform the market. At this point, Hainan Development has a negative expected return of -0.2%. Please make sure to check out Hainan Development's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Hainan Development performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.74  

Almost perfect reverse predictability

Hainan Development Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hainan Development time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Development price movement. The serial correlation of -0.74 indicates that around 74.0% of current Hainan Development price fluctuation can be explain by its past prices.
Correlation Coefficient-0.74
Spearman Rank Test-0.68
Residual Average0.0
Price Variance0.38

Hainan Development lagged returns against current returns

Autocorrelation, which is Hainan Development 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 Development's stock expected returns. We can calculate the autocorrelation of Hainan Development returns to help us make a trade decision. For example, suppose you find that Hainan Development 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 Development 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 Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Development stock over time.
   Current vs Lagged Prices   
       Timeline  

Hainan Development Lagged Returns

When evaluating Hainan Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Development stock have on its future price. Hainan Development 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 Development autocorrelation shows the relationship between Hainan Development stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan Development Holdings.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Hainan Stock

Hainan Development 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 Development security.