HengFeng Information (China) Market Value
| 300605 Stock | 17.96 0.54 2.92% |
| Symbol | HengFeng |
HengFeng Information '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 HengFeng Information'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 HengFeng Information.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in HengFeng Information on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding HengFeng Information Technology or generate 0.0% return on investment in HengFeng Information over 90 days. HengFeng Information is related to or competes with China Sports, Jiangsu Jinling, Shenzhen Urban, Hainan Haiqi, Beijing Easpring, Jiangyin Haida, and Wankai New. More
HengFeng Information 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 HengFeng Information'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 HengFeng Information Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.0 | |||
| Information Ratio | 0.1346 | |||
| Maximum Drawdown | 24.22 | |||
| Value At Risk | (7.58) | |||
| Potential Upside | 7.63 |
HengFeng Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HengFeng Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HengFeng Information's standard deviation. In reality, there are many statistical measures that can use HengFeng Information historical prices to predict the future HengFeng Information's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | 0.488 | |||
| Total Risk Alpha | 1.01 | |||
| Sortino Ratio | 0.1443 | |||
| Treynor Ratio | 2.57 |
HengFeng Information Backtested Returns
HengFeng Information appears to be somewhat reliable, given 3 months investment horizon. HengFeng Information holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for HengFeng Information, which you can use to evaluate the volatility of the firm. Please utilize HengFeng Information's Downside Deviation of 4.0, risk adjusted performance of 0.1051, and Market Risk Adjusted Performance of 2.58 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HengFeng Information holds a performance score of 8. 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, HengFeng Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding HengFeng Information is expected to be smaller as well. Please check HengFeng Information's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether HengFeng Information's current trending patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
HengFeng Information Technology has poor reverse predictability. Overlapping area represents the amount of predictability between HengFeng Information time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 HengFeng Information price movement. The serial correlation of -0.37 indicates that just about 37.0% of current HengFeng Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 4.41 |
HengFeng Information lagged returns against current returns
Autocorrelation, which is HengFeng Information 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 HengFeng Information's stock expected returns. We can calculate the autocorrelation of HengFeng Information returns to help us make a trade decision. For example, suppose you find that HengFeng Information 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 |
HengFeng Information 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 HengFeng Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HengFeng Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HengFeng Information stock over time.
Current vs Lagged Prices |
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HengFeng Information Lagged Returns
When evaluating HengFeng Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HengFeng Information stock have on its future price. HengFeng Information 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, HengFeng Information autocorrelation shows the relationship between HengFeng Information stock current value and its past values and can show if there is a momentum factor associated with investing in HengFeng Information Technology.
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 HengFeng Stock
HengFeng Information financial ratios help investors to determine whether HengFeng 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 HengFeng with respect to the benefits of owning HengFeng Information security.