Huizhou Desay's market value is the price at which a share of Huizhou Desay trades on a public exchange. It measures the collective expectations of Huizhou Desay SV investors about its performance. Huizhou Desay is trading at 102.15 as of the 11th of January 2025, a 1.49% down since the beginning of the trading day. The stock's open price was 103.7. With this module, you can estimate the performance of a buy and hold strategy of Huizhou Desay SV and determine expected loss or profit from investing in Huizhou Desay over a given investment horizon. Check out Huizhou Desay Correlation, Huizhou Desay Volatility and Huizhou Desay Alpha and Beta module to complement your research on Huizhou Desay.
Please note, there is a significant difference between Huizhou Desay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huizhou Desay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huizhou Desay'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.
Huizhou Desay '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 Huizhou Desay'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 Huizhou Desay.
0.00
12/12/2024
No Change 0.00
0.0
In 30 days
01/11/2025
0.00
If you would invest 0.00 in Huizhou Desay on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Huizhou Desay SV or generate 0.0% return on investment in Huizhou Desay over 30 days. Huizhou Desay is related to or competes with China Reform, Mingchen Health, Kuang Chi, Tianshui Huatian, Shandong Sinoglory, Montage Technology, and Anhui Huaren. Huizhou Desay is entity of China. It is traded as Stock on SHE exchange. More
Huizhou Desay 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 Huizhou Desay'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 Huizhou Desay SV 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 Huizhou Desay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huizhou Desay's standard deviation. In reality, there are many statistical measures that can use Huizhou Desay historical prices to predict the future Huizhou Desay's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Huizhou Desay. Your research has to be compared to or analyzed against Huizhou Desay's peers to derive any actionable benefits. When done correctly, Huizhou Desay'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 Huizhou Desay SV.
Huizhou Desay SV Backtested Returns
Huizhou Desay SV holds Efficiency (Sharpe) Ratio of -0.0678, which attests that the entity had a -0.0678% return per unit of risk over the last 3 months. Huizhou Desay SV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Huizhou Desay's Market Risk Adjusted Performance of (0.65), standard deviation of 2.82, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Huizhou Desay's returns are expected to increase less than the market. However, during the bear market, the loss of holding Huizhou Desay is expected to be smaller as well. At this point, Huizhou Desay SV has a negative expected return of -0.18%. Please make sure to check out Huizhou Desay's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Huizhou Desay SV performance from the past will be repeated at some point in the near future.
Auto-correlation
0.72
Good predictability
Huizhou Desay SV has good predictability. Overlapping area represents the amount of predictability between Huizhou Desay time series from 12th of December 2024 to 27th of December 2024 and 27th of December 2024 to 11th 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 Huizhou Desay SV price movement. The serial correlation of 0.72 indicates that around 72.0% of current Huizhou Desay price fluctuation can be explain by its past prices.
Correlation Coefficient
0.72
Spearman Rank Test
0.7
Residual Average
0.0
Price Variance
19.64
Huizhou Desay SV lagged returns against current returns
Autocorrelation, which is Huizhou Desay 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 Huizhou Desay's stock expected returns. We can calculate the autocorrelation of Huizhou Desay returns to help us make a trade decision. For example, suppose you find that Huizhou Desay 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
Huizhou Desay 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 Huizhou Desay stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huizhou Desay stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huizhou Desay stock over time.
Current vs Lagged Prices
Timeline
Huizhou Desay Lagged Returns
When evaluating Huizhou Desay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huizhou Desay stock have on its future price. Huizhou Desay 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, Huizhou Desay autocorrelation shows the relationship between Huizhou Desay stock current value and its past values and can show if there is a momentum factor associated with investing in Huizhou Desay SV.
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.
Huizhou Desay financial ratios help investors to determine whether Huizhou 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 Huizhou with respect to the benefits of owning Huizhou Desay security.