Hainan Shuangcheng's market value is the price at which a share of Hainan Shuangcheng trades on a public exchange. It measures the collective expectations of Hainan Shuangcheng Pharmaceut investors about its performance. Hainan Shuangcheng is trading at 18.14 as of the 4th of January 2025, a 10.02 percent down since the beginning of the trading day. The stock's open price was 20.16. With this module, you can estimate the performance of a buy and hold strategy of Hainan Shuangcheng Pharmaceut and determine expected loss or profit from investing in Hainan Shuangcheng over a given investment horizon. Check out Hainan Shuangcheng Correlation, Hainan Shuangcheng Volatility and Hainan Shuangcheng Alpha and Beta module to complement your research on Hainan Shuangcheng.
Please note, there is a significant difference between Hainan Shuangcheng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hainan Shuangcheng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hainan Shuangcheng'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 Shuangcheng '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 Shuangcheng'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 Shuangcheng.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hainan Shuangcheng'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 Shuangcheng Pharmaceut upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Shuangcheng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Shuangcheng's standard deviation. In reality, there are many statistical measures that can use Hainan Shuangcheng historical prices to predict the future Hainan Shuangcheng's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hainan Shuangcheng. Your research has to be compared to or analyzed against Hainan Shuangcheng's peers to derive any actionable benefits. When done correctly, Hainan Shuangcheng'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 Shuangcheng.
Hainan Shuangcheng Backtested Returns
Hainan Shuangcheng appears to be somewhat reliable, given 3 months investment horizon. Hainan Shuangcheng holds Efficiency (Sharpe) Ratio of 0.036, which attests that the entity had a 0.036% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hainan Shuangcheng, which you can use to evaluate the volatility of the firm. Please utilize Hainan Shuangcheng's Market Risk Adjusted Performance of 44.8, risk adjusted performance of 0.0381, and Downside Deviation of 6.62 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hainan Shuangcheng holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 0.0054, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hainan Shuangcheng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hainan Shuangcheng is expected to be smaller as well. Please check Hainan Shuangcheng's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Hainan Shuangcheng's current trending patterns will revert.
Auto-correlation
0.48
Average predictability
Hainan Shuangcheng Pharmaceut has average predictability. Overlapping area represents the amount of predictability between Hainan Shuangcheng time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Hainan Shuangcheng price movement. The serial correlation of 0.48 indicates that about 48.0% of current Hainan Shuangcheng price fluctuation can be explain by its past prices.
Correlation Coefficient
0.48
Spearman Rank Test
0.49
Residual Average
0.0
Price Variance
4.19
Hainan Shuangcheng lagged returns against current returns
Autocorrelation, which is Hainan Shuangcheng 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 Shuangcheng's stock expected returns. We can calculate the autocorrelation of Hainan Shuangcheng returns to help us make a trade decision. For example, suppose you find that Hainan Shuangcheng 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 Shuangcheng 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 Shuangcheng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Shuangcheng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Shuangcheng stock over time.
Current vs Lagged Prices
Timeline
Hainan Shuangcheng Lagged Returns
When evaluating Hainan Shuangcheng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Shuangcheng stock have on its future price. Hainan Shuangcheng 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 Shuangcheng autocorrelation shows the relationship between Hainan Shuangcheng stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan Shuangcheng Pharmaceut.
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.
Hainan Shuangcheng 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 Shuangcheng security.