Guangdong Xiongsu (China) Market Value
| 300599 Stock | 7.74 0.01 0.13% |
| Symbol | Guangdong |
Guangdong Xiongsu '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 Guangdong Xiongsu'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 Guangdong Xiongsu.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Guangdong Xiongsu on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Guangdong Xiongsu Technology or generate 0.0% return on investment in Guangdong Xiongsu over 720 days. Guangdong Xiongsu is related to or competes with Super Dragon, Renxin New, Hangzhou Gaoxin, GRINM Semiconductor, Xinke Material, Sportsoul, and Lander Sports. Guangdong Xiongsu is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Xiongsu 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 Guangdong Xiongsu'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 Guangdong Xiongsu Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.76 | |||
| Information Ratio | 0.1343 | |||
| Maximum Drawdown | 27.42 | |||
| Value At Risk | (5.90) | |||
| Potential Upside | 12.24 |
Guangdong Xiongsu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Xiongsu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Xiongsu's standard deviation. In reality, there are many statistical measures that can use Guangdong Xiongsu historical prices to predict the future Guangdong Xiongsu's volatility.| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 0.8042 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1698 | |||
| Treynor Ratio | (2.54) |
Guangdong Xiongsu Backtested Returns
Guangdong Xiongsu appears to be moderately volatile, given 3 months investment horizon. Guangdong Xiongsu holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Xiongsu's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please utilize Guangdong Xiongsu's risk adjusted performance of 0.1332, and Market Risk Adjusted Performance of (2.53) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Xiongsu holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Guangdong Xiongsu are expected to decrease at a much lower rate. During the bear market, Guangdong Xiongsu is likely to outperform the market. Please check Guangdong Xiongsu's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangdong Xiongsu's current trending patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Guangdong Xiongsu Technology has poor reverse predictability. Overlapping area represents the amount of predictability between Guangdong Xiongsu time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Guangdong Xiongsu price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Guangdong Xiongsu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
Guangdong Xiongsu lagged returns against current returns
Autocorrelation, which is Guangdong Xiongsu 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 Guangdong Xiongsu's stock expected returns. We can calculate the autocorrelation of Guangdong Xiongsu returns to help us make a trade decision. For example, suppose you find that Guangdong Xiongsu 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 |
Guangdong Xiongsu 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 Guangdong Xiongsu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Xiongsu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Xiongsu stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Xiongsu Lagged Returns
When evaluating Guangdong Xiongsu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Xiongsu stock have on its future price. Guangdong Xiongsu 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, Guangdong Xiongsu autocorrelation shows the relationship between Guangdong Xiongsu stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Xiongsu Technology.
Regressed Prices |
| Timeline |
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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 Guangdong Stock
Guangdong Xiongsu financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Xiongsu security.