Guangzhou KingTeller (China) Market Value
| 002177 Stock | 4.98 0.15 3.11% |
| Symbol | Guangzhou |
Guangzhou KingTeller '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 Guangzhou KingTeller'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 Guangzhou KingTeller.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Guangzhou KingTeller on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou KingTeller Technology or generate 0.0% return on investment in Guangzhou KingTeller over 30 days. Guangzhou KingTeller is related to or competes with Semiconductor Manufacturing, Anhui Conch, Sungrow Power, Shenzhen New, Sichuan Tianqi, National Silicon, and Beijing Yanjing. Guangzhou KingTeller is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou KingTeller 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 Guangzhou KingTeller'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 Guangzhou KingTeller Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.56 | |||
| Information Ratio | 0.1197 | |||
| Maximum Drawdown | 20.03 | |||
| Value At Risk | (6.63) | |||
| Potential Upside | 8.64 |
Guangzhou KingTeller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou KingTeller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou KingTeller's standard deviation. In reality, there are many statistical measures that can use Guangzhou KingTeller historical prices to predict the future Guangzhou KingTeller's volatility.| Risk Adjusted Performance | 0.125 | |||
| Jensen Alpha | 0.5459 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1089 | |||
| Treynor Ratio | 1.02 |
Guangzhou KingTeller Backtested Returns
Guangzhou KingTeller appears to be relatively risky, given 3 months investment horizon. Guangzhou KingTeller holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of standard deviation over the last 3 months. By evaluating Guangzhou KingTeller's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please utilize Guangzhou KingTeller's risk adjusted performance of 0.125, and Market Risk Adjusted Performance of 1.03 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou KingTeller holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangzhou KingTeller's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou KingTeller is expected to be smaller as well. Please check Guangzhou KingTeller's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangzhou KingTeller's current trending patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Guangzhou KingTeller Technology has average predictability. Overlapping area represents the amount of predictability between Guangzhou KingTeller time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Guangzhou KingTeller price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Guangzhou KingTeller price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Guangzhou KingTeller lagged returns against current returns
Autocorrelation, which is Guangzhou KingTeller 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 Guangzhou KingTeller's stock expected returns. We can calculate the autocorrelation of Guangzhou KingTeller returns to help us make a trade decision. For example, suppose you find that Guangzhou KingTeller 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 |
Guangzhou KingTeller 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 Guangzhou KingTeller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou KingTeller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou KingTeller stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou KingTeller Lagged Returns
When evaluating Guangzhou KingTeller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou KingTeller stock have on its future price. Guangzhou KingTeller 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, Guangzhou KingTeller autocorrelation shows the relationship between Guangzhou KingTeller stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou KingTeller Technology.
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 Guangzhou Stock
Guangzhou KingTeller financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou KingTeller security.