Guangzhou KDT (China) Market Value
| 002833 Stock | 17.44 0.23 1.34% |
| Symbol | Guangzhou |
Guangzhou KDT '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 KDT'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 KDT.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in Guangzhou KDT on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou KDT Machinery or generate 0.0% return on investment in Guangzhou KDT over 30 days. Guangzhou KDT is related to or competes with PetroChina, Industrial, China Petroleum, China Construction, Agricultural Bank, Bank of China, and CNOOC. Guangzhou KDT is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou KDT 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 KDT'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 KDT Machinery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 13.19 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 4.25 |
Guangzhou KDT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou KDT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou KDT's standard deviation. In reality, there are many statistical measures that can use Guangzhou KDT historical prices to predict the future Guangzhou KDT's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.04 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.0001) | |||
| Treynor Ratio | 0.4043 |
Guangzhou KDT Machinery Backtested Returns
At this point, Guangzhou KDT is not too volatile. Guangzhou KDT Machinery holds Efficiency (Sharpe) Ratio of 0.0238, which attests that the entity had a 0.0238 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guangzhou KDT Machinery, which you can use to evaluate the volatility of the firm. Please check out Guangzhou KDT's market risk adjusted performance of 0.4143, and Risk Adjusted Performance of 0.027 to validate if the risk estimate we provide is consistent with the expected return of 0.054%. Guangzhou KDT has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangzhou KDT's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou KDT is expected to be smaller as well. Guangzhou KDT Machinery right now retains a risk of 2.27%. Please check out Guangzhou KDT market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Guangzhou KDT will be following its current trending patterns.
Auto-correlation | -0.82 |
Excellent reverse predictability
Guangzhou KDT Machinery has excellent reverse predictability. Overlapping area represents the amount of predictability between Guangzhou KDT time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th 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 Guangzhou KDT Machinery price movement. The serial correlation of -0.82 indicates that around 82.0% of current Guangzhou KDT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Guangzhou KDT Machinery lagged returns against current returns
Autocorrelation, which is Guangzhou KDT 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 KDT's stock expected returns. We can calculate the autocorrelation of Guangzhou KDT returns to help us make a trade decision. For example, suppose you find that Guangzhou KDT 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 KDT 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 KDT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou KDT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou KDT stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou KDT Lagged Returns
When evaluating Guangzhou KDT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou KDT stock have on its future price. Guangzhou KDT 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 KDT autocorrelation shows the relationship between Guangzhou KDT stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou KDT Machinery.
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 KDT 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 KDT security.