Guangzhou Boji (China) Market Value
| 300404 Stock | 10.13 0.21 2.12% |
| Symbol | Guangzhou |
Guangzhou Boji '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 Boji'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 Boji.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Guangzhou Boji on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Boji Medical or generate 0.0% return on investment in Guangzhou Boji over 90 days. Guangzhou Boji is related to or competes with Dymatic Chemicals, Xizi Clean, Jiangxi Copper, Shanghai Yanpu, Pengxin International, Shaanxi Meineng, and Chengtun Mining. Guangzhou Boji is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Boji 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 Boji'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 Boji Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.99 | |||
| Information Ratio | 0.1029 | |||
| Maximum Drawdown | 19.16 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 5.77 |
Guangzhou Boji Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Boji's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Boji's standard deviation. In reality, there are many statistical measures that can use Guangzhou Boji historical prices to predict the future Guangzhou Boji's volatility.| Risk Adjusted Performance | 0.0693 | |||
| Jensen Alpha | 0.1569 | |||
| Total Risk Alpha | 0.606 | |||
| Sortino Ratio | 0.1077 | |||
| Treynor Ratio | (0.41) |
Guangzhou Boji Medical Backtested Returns
At this point, Guangzhou Boji is somewhat reliable. Guangzhou Boji Medical holds Efficiency (Sharpe) Ratio of 0.0648, which attests that the entity had a 0.0648 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Guangzhou Boji Medical, which you can use to evaluate the volatility of the firm. Please check out Guangzhou Boji's risk adjusted performance of 0.0693, and Market Risk Adjusted Performance of (0.40) to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Guangzhou Boji has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guangzhou Boji are expected to decrease at a much lower rate. During the bear market, Guangzhou Boji is likely to outperform the market. Guangzhou Boji Medical right now retains a risk of 3.0%. Please check out Guangzhou Boji 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 Boji will be following its current trending patterns.
Auto-correlation | -0.49 |
Modest reverse predictability
Guangzhou Boji Medical has modest reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Boji 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 Guangzhou Boji Medical price movement. The serial correlation of -0.49 indicates that about 49.0% of current Guangzhou Boji price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Guangzhou Boji Medical lagged returns against current returns
Autocorrelation, which is Guangzhou Boji 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 Boji's stock expected returns. We can calculate the autocorrelation of Guangzhou Boji returns to help us make a trade decision. For example, suppose you find that Guangzhou Boji 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 Boji 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 Boji stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Boji stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Boji stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Boji Lagged Returns
When evaluating Guangzhou Boji's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Boji stock have on its future price. Guangzhou Boji 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 Boji autocorrelation shows the relationship between Guangzhou Boji stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Boji Medical.
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 Boji 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 Boji security.