Hubei Dinglong (China) Market Value
| 300054 Stock | 27.86 0.19 0.69% |
| Symbol | Hubei |
Hubei Dinglong '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 Hubei Dinglong'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 Hubei Dinglong.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Hubei Dinglong on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hubei Dinglong Chemical or generate 0.0% return on investment in Hubei Dinglong over 90 days. Hubei Dinglong is related to or competes with Pengxin International, Iat Automobile, Qingdao Choho, Universal Scientific, Guangzhou Haozhi, Zhengzhou Coal, and Smartgiant Technology. Hubei Dinglong is entity of China. It is traded as Stock on SHE exchange. More
Hubei Dinglong 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 Hubei Dinglong'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 Hubei Dinglong Chemical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.0797 | |||
| Maximum Drawdown | 11.25 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 3.44 |
Hubei Dinglong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hubei Dinglong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hubei Dinglong's standard deviation. In reality, there are many statistical measures that can use Hubei Dinglong historical prices to predict the future Hubei Dinglong's volatility.| Risk Adjusted Performance | 0.034 | |||
| Jensen Alpha | 0.0779 | |||
| Total Risk Alpha | 0.3198 | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 0.3135 |
Hubei Dinglong Chemical Backtested Returns
At this point, Hubei Dinglong is very steady. Hubei Dinglong Chemical holds Efficiency (Sharpe) Ratio of 0.0618, which attests that the entity had a 0.0618 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hubei Dinglong Chemical, which you can use to evaluate the volatility of the firm. Please check out Hubei Dinglong's Downside Deviation of 1.98, risk adjusted performance of 0.034, and Market Risk Adjusted Performance of 0.3235 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Hubei Dinglong has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hubei Dinglong's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hubei Dinglong is expected to be smaller as well. Hubei Dinglong Chemical right now retains a risk of 2.16%. Please check out Hubei Dinglong mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Hubei Dinglong will be following its current trending patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Hubei Dinglong Chemical has excellent reverse predictability. Overlapping area represents the amount of predictability between Hubei Dinglong time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Hubei Dinglong Chemical price movement. The serial correlation of -0.84 indicates that around 84.0% of current Hubei Dinglong price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
Hubei Dinglong Chemical lagged returns against current returns
Autocorrelation, which is Hubei Dinglong 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 Hubei Dinglong's stock expected returns. We can calculate the autocorrelation of Hubei Dinglong returns to help us make a trade decision. For example, suppose you find that Hubei Dinglong 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 |
Hubei Dinglong 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 Hubei Dinglong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hubei Dinglong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hubei Dinglong stock over time.
Current vs Lagged Prices |
| Timeline |
Hubei Dinglong Lagged Returns
When evaluating Hubei Dinglong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hubei Dinglong stock have on its future price. Hubei Dinglong 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, Hubei Dinglong autocorrelation shows the relationship between Hubei Dinglong stock current value and its past values and can show if there is a momentum factor associated with investing in Hubei Dinglong Chemical.
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 Hubei Stock
Hubei Dinglong financial ratios help investors to determine whether Hubei 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 Hubei with respect to the benefits of owning Hubei Dinglong security.