Guangzhou Haige (China) Market Value
| 002465 Stock | 11.50 0.23 1.96% |
| Symbol | Guangzhou |
Guangzhou Haige '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 Haige'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 Haige.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Guangzhou Haige on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Guangzhou Haige Communications or generate 0.0% return on investment in Guangzhou Haige over 30 days. Guangzhou Haige is related to or competes with Anhui Jianghuai, Wintao Communications, China Mobile, Hubei Geoway, Beijing Bewinner, Zotye Automobile, and Allwin Telecommunicatio. Guangzhou Haige is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Haige 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 Haige'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 Haige Communications upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.18 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 3.8 |
Guangzhou Haige Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Haige's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Haige's standard deviation. In reality, there are many statistical measures that can use Guangzhou Haige historical prices to predict the future Guangzhou Haige's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.09) |
Guangzhou Haige Comm Backtested Returns
Guangzhou Haige Comm holds Efficiency (Sharpe) Ratio of -0.0685, which attests that the entity had a -0.0685 % return per unit of standard deviation over the last 3 months. Guangzhou Haige Comm exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangzhou Haige's market risk adjusted performance of (0.08), and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.85, which attests to possible diversification benefits within a given portfolio. Guangzhou Haige returns are very sensitive to returns on the market. As the market goes up or down, Guangzhou Haige is expected to follow. At this point, Guangzhou Haige Comm has a negative expected return of -0.16%. Please make sure to check out Guangzhou Haige's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Guangzhou Haige Comm performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Guangzhou Haige Communications has very good reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Haige time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Guangzhou Haige Comm price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Guangzhou Haige price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Guangzhou Haige Comm lagged returns against current returns
Autocorrelation, which is Guangzhou Haige 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 Haige's stock expected returns. We can calculate the autocorrelation of Guangzhou Haige returns to help us make a trade decision. For example, suppose you find that Guangzhou Haige 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 Haige 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 Haige stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Haige stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Haige stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Haige Lagged Returns
When evaluating Guangzhou Haige's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Haige stock have on its future price. Guangzhou Haige 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 Haige autocorrelation shows the relationship between Guangzhou Haige stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Haige Communications.
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 Haige 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 Haige security.