Anhui Huilong (China) Market Value
| 002556 Stock | 6.24 0.07 1.11% |
| Symbol | Anhui |
Anhui Huilong '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 Anhui Huilong'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 Anhui Huilong.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Anhui Huilong on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Anhui Huilong Agricultural or generate 0.0% return on investment in Anhui Huilong over 720 days. Anhui Huilong is related to or competes with Sinomach Automobile, Guangzhou Ruoyuchen, Ningbo Ligong, ButOne Information, CITIC Guoan, Gansu Huangtai, and Zhongtong Guomai. Anhui Huilong is entity of China. It is traded as Stock on SHE exchange. More
Anhui Huilong 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 Anhui Huilong'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 Anhui Huilong Agricultural upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.1161 | |||
| Maximum Drawdown | 20.06 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 5.3 |
Anhui Huilong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Huilong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Huilong's standard deviation. In reality, there are many statistical measures that can use Anhui Huilong historical prices to predict the future Anhui Huilong's volatility.| Risk Adjusted Performance | 0.119 | |||
| Jensen Alpha | 0.5243 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1153 | |||
| Treynor Ratio | (2.02) |
Anhui Huilong Agricu Backtested Returns
Anhui Huilong appears to be moderately volatile, given 3 months investment horizon. Anhui Huilong Agricu secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. By analyzing Anhui Huilong's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Anhui Huilong's risk adjusted performance of 0.119, and Mean Deviation of 2.17 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anhui Huilong holds a performance score of 14. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anhui Huilong are expected to decrease at a much lower rate. During the bear market, Anhui Huilong is likely to outperform the market. Please check Anhui Huilong's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Anhui Huilong's price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Anhui Huilong Agricultural has modest reverse predictability. Overlapping area represents the amount of predictability between Anhui Huilong time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 Anhui Huilong Agricu price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Anhui Huilong price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Anhui Huilong Agricu lagged returns against current returns
Autocorrelation, which is Anhui Huilong 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 Anhui Huilong's stock expected returns. We can calculate the autocorrelation of Anhui Huilong returns to help us make a trade decision. For example, suppose you find that Anhui Huilong 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 |
Anhui Huilong 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 Anhui Huilong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Huilong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Huilong stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Huilong Lagged Returns
When evaluating Anhui Huilong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Huilong stock have on its future price. Anhui Huilong 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, Anhui Huilong autocorrelation shows the relationship between Anhui Huilong stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Huilong Agricultural.
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 Anhui Stock
Anhui Huilong financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Huilong security.