CK HUTCHISON's market value is the price at which a share of CK HUTCHISON trades on a public exchange. It measures the collective expectations of CK HUTCHISON HLDGS investors about its performance. CK HUTCHISON is trading at 4.76 as of the 8th of January 2025. This is a 0.83% down since the beginning of the trading day. The stock's lowest day price was 4.76. With this module, you can estimate the performance of a buy and hold strategy of CK HUTCHISON HLDGS and determine expected loss or profit from investing in CK HUTCHISON over a given investment horizon. Check out CK HUTCHISON Correlation, CK HUTCHISON Volatility and CK HUTCHISON Alpha and Beta module to complement your research on CK HUTCHISON.
Please note, there is a significant difference between CK HUTCHISON's value and its price as these two are different measures arrived at by different means. Investors typically determine if CK HUTCHISON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CK HUTCHISON'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.
CK HUTCHISON '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 CK HUTCHISON'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 CK HUTCHISON.
0.00
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/08/2025
0.00
If you would invest 0.00 in CK HUTCHISON on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding CK HUTCHISON HLDGS or generate 0.0% return on investment in CK HUTCHISON over 720 days. CK HUTCHISON is related to or competes with PKSHA TECHNOLOGY, Sunny Optical, Kingdee International, TEXAS ROADHOUSE, QUEEN S, Easy Software, and TITANIUM TRANSPORTGROUP. CK Hutchison Holdings Limited, an investment holding company, operates in ports and related services, retail, infrastruc... More
CK HUTCHISON 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 CK HUTCHISON'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 CK HUTCHISON HLDGS 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 CK HUTCHISON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CK HUTCHISON's standard deviation. In reality, there are many statistical measures that can use CK HUTCHISON historical prices to predict the future CK HUTCHISON's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CK HUTCHISON. Your research has to be compared to or analyzed against CK HUTCHISON's peers to derive any actionable benefits. When done correctly, CK HUTCHISON'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 CK HUTCHISON HLDGS.
CK HUTCHISON HLDGS Backtested Returns
CK HUTCHISON HLDGS retains Efficiency (Sharpe Ratio) of -0.0271, which signifies that the company had a -0.0271% return per unit of price deviation over the last 3 months. CK HUTCHISON exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CK HUTCHISON's Market Risk Adjusted Performance of 0.1048, information ratio of (0.04), and Variance of 1.18 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CK HUTCHISON are expected to decrease at a much lower rate. During the bear market, CK HUTCHISON is likely to outperform the market. At this point, CK HUTCHISON HLDGS has a negative expected return of -0.0294%. Please make sure to confirm CK HUTCHISON's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if CK HUTCHISON HLDGS performance from the past will be repeated sooner or later.
Auto-correlation
-0.72
Almost perfect reverse predictability
CK HUTCHISON HLDGS has almost perfect reverse predictability. Overlapping area represents the amount of predictability between CK HUTCHISON time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 CK HUTCHISON HLDGS price movement. The serial correlation of -0.72 indicates that around 72.0% of current CK HUTCHISON price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.72
Spearman Rank Test
-0.56
Residual Average
0.0
Price Variance
0.09
CK HUTCHISON HLDGS lagged returns against current returns
Autocorrelation, which is CK HUTCHISON 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 CK HUTCHISON's stock expected returns. We can calculate the autocorrelation of CK HUTCHISON returns to help us make a trade decision. For example, suppose you find that CK HUTCHISON 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
CK HUTCHISON 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 CK HUTCHISON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CK HUTCHISON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CK HUTCHISON stock over time.
Current vs Lagged Prices
Timeline
CK HUTCHISON Lagged Returns
When evaluating CK HUTCHISON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CK HUTCHISON stock have on its future price. CK HUTCHISON 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, CK HUTCHISON autocorrelation shows the relationship between CK HUTCHISON stock current value and its past values and can show if there is a momentum factor associated with investing in CK HUTCHISON HLDGS.
CK HUTCHISON financial ratios help investors to determine whether 2CKA 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 2CKA with respect to the benefits of owning CK HUTCHISON security.