Huaxi Securities (China) Market Value
| 002926 Stock | 8.69 0.08 0.93% |
| Symbol | Huaxi |
Huaxi Securities '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 Huaxi Securities' 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 Huaxi Securities.
| 01/08/2023 |
| 12/28/2024 |
If you would invest 0.00 in Huaxi Securities on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding Huaxi Securities Co or generate 0.0% return on investment in Huaxi Securities over 720 days. Huaxi Securities is related to or competes with Kweichow Moutai, Contemporary Amperex, G Bits, BYD Co, Beijing Roborock, Anhui Gujing, and Anhui Gujing. Huaxi Securities is entity of China. It is traded as Stock on SHE exchange. More
Huaxi Securities 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 Huaxi Securities' 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 Huaxi Securities Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.131 | |||
| Maximum Drawdown | 20.04 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 8.12 |
Huaxi Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huaxi Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huaxi Securities' standard deviation. In reality, there are many statistical measures that can use Huaxi Securities historical prices to predict the future Huaxi Securities' volatility.| Risk Adjusted Performance | 0.1196 | |||
| Jensen Alpha | 0.4759 | |||
| Total Risk Alpha | 0.3738 | |||
| Sortino Ratio | 0.1535 | |||
| Treynor Ratio | (1.45) |
Huaxi Securities Backtested Returns
At this point, Huaxi Securities is somewhat reliable. Huaxi Securities holds Efficiency (Sharpe) Ratio of 0.0086, which attests that the entity had a 0.0086% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Huaxi Securities, which you can use to evaluate the volatility of the firm. Please check out Huaxi Securities' market risk adjusted performance of (1.44), and Risk Adjusted Performance of 0.1196 to validate if the risk estimate we provide is consistent with the expected return of 0.0259%. The company retains a Market Volatility (i.e., Beta) of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Huaxi Securities are expected to decrease at a much lower rate. During the bear market, Huaxi Securities is likely to outperform the market. Huaxi Securities right now retains a risk of 3.02%. Please check out Huaxi Securities semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Huaxi Securities will be following its current trending patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Huaxi Securities Co has good reverse predictability. Overlapping area represents the amount of predictability between Huaxi Securities time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 2024 to 28th 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 Huaxi Securities price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Huaxi Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Huaxi Securities lagged returns against current returns
Autocorrelation, which is Huaxi Securities 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 Huaxi Securities' stock expected returns. We can calculate the autocorrelation of Huaxi Securities returns to help us make a trade decision. For example, suppose you find that Huaxi Securities 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 |
Huaxi Securities 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 Huaxi Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huaxi Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huaxi Securities stock over time.
Current vs Lagged Prices |
| Timeline |
Huaxi Securities Lagged Returns
When evaluating Huaxi Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huaxi Securities stock have on its future price. Huaxi Securities 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, Huaxi Securities autocorrelation shows the relationship between Huaxi Securities stock current value and its past values and can show if there is a momentum factor associated with investing in Huaxi Securities 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 Huaxi Stock
Huaxi Securities financial ratios help investors to determine whether Huaxi 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 Huaxi with respect to the benefits of owning Huaxi Securities security.