Haoxiangni Jujube (China) Market Value
| 002582 Stock | 9.68 0.79 7.55% |
| Symbol | Haoxiangni |
Haoxiangni Jujube '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 Haoxiangni Jujube'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 Haoxiangni Jujube.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in Haoxiangni Jujube on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Haoxiangni Jujube Co or generate 0.0% return on investment in Haoxiangni Jujube over 30 days. Haoxiangni Jujube is related to or competes with Cangzhou Mingzhu, Nexchip Semiconductor, StarPower Semiconductor, GRIPM Advanced, Union Semiconductor, Guangzhou Seagull, and Ningbo Tip. Haoxiangni Jujube is entity of China. It is traded as Stock on SHE exchange. More
Haoxiangni Jujube 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 Haoxiangni Jujube'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 Haoxiangni Jujube Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.05 | |||
| Information Ratio | 0.1796 | |||
| Maximum Drawdown | 20.13 | |||
| Value At Risk | (7.55) | |||
| Potential Upside | 10.06 |
Haoxiangni Jujube Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haoxiangni Jujube's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haoxiangni Jujube's standard deviation. In reality, there are many statistical measures that can use Haoxiangni Jujube historical prices to predict the future Haoxiangni Jujube's volatility.| Risk Adjusted Performance | 0.1631 | |||
| Jensen Alpha | 0.9974 | |||
| Total Risk Alpha | 0.883 | |||
| Sortino Ratio | 0.1967 | |||
| Treynor Ratio | 1.24 |
Haoxiangni Jujube Backtested Returns
Haoxiangni Jujube appears to be out of control, given 3 months investment horizon. Haoxiangni Jujube holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. By evaluating Haoxiangni Jujube's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please utilize Haoxiangni Jujube's Risk Adjusted Performance of 0.1631, downside deviation of 5.05, and Market Risk Adjusted Performance of 1.25 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Haoxiangni Jujube holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.81, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Haoxiangni Jujube's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haoxiangni Jujube is expected to be smaller as well. Please check Haoxiangni Jujube's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Haoxiangni Jujube's current trending patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Haoxiangni Jujube Co has average predictability. Overlapping area represents the amount of predictability between Haoxiangni Jujube time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 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 Haoxiangni Jujube price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Haoxiangni Jujube price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Haoxiangni Jujube lagged returns against current returns
Autocorrelation, which is Haoxiangni Jujube 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 Haoxiangni Jujube's stock expected returns. We can calculate the autocorrelation of Haoxiangni Jujube returns to help us make a trade decision. For example, suppose you find that Haoxiangni Jujube 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 |
Haoxiangni Jujube 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 Haoxiangni Jujube stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haoxiangni Jujube stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haoxiangni Jujube stock over time.
Current vs Lagged Prices |
| Timeline |
Haoxiangni Jujube Lagged Returns
When evaluating Haoxiangni Jujube's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haoxiangni Jujube stock have on its future price. Haoxiangni Jujube 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, Haoxiangni Jujube autocorrelation shows the relationship between Haoxiangni Jujube stock current value and its past values and can show if there is a momentum factor associated with investing in Haoxiangni Jujube 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 Haoxiangni Stock
Haoxiangni Jujube financial ratios help investors to determine whether Haoxiangni 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 Haoxiangni with respect to the benefits of owning Haoxiangni Jujube security.