Wuhan Hvsen (China) Market Value
| 300871 Stock | 12.12 0.29 2.45% |
| Symbol | Wuhan |
Wuhan Hvsen '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 Wuhan Hvsen'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 Wuhan Hvsen.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Wuhan Hvsen on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Wuhan Hvsen Biotechnology or generate 0.0% return on investment in Wuhan Hvsen over 570 days. Wuhan Hvsen is related to or competes with PetroChina, China Mobile, Ping An, China Petroleum, China Telecom, Kweichow Moutai, and China Life. Wuhan Hvsen is entity of China. It is traded as Stock on SHE exchange. More
Wuhan Hvsen 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 Wuhan Hvsen'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 Wuhan Hvsen Biotechnology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.1288 | |||
| Maximum Drawdown | 27.88 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 5.21 |
Wuhan Hvsen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wuhan Hvsen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wuhan Hvsen's standard deviation. In reality, there are many statistical measures that can use Wuhan Hvsen historical prices to predict the future Wuhan Hvsen's volatility.| Risk Adjusted Performance | 0.1333 | |||
| Jensen Alpha | 0.5965 | |||
| Total Risk Alpha | 0.037 | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | (3.70) |
Wuhan Hvsen Biotechnology Backtested Returns
Wuhan Hvsen appears to be somewhat reliable, given 3 months investment horizon. Wuhan Hvsen Biotechnology shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Wuhan Hvsen's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Wuhan Hvsen's Downside Deviation of 3.41, market risk adjusted performance of (3.69), and Mean Deviation of 2.52 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wuhan Hvsen holds a performance score of 14. The firm maintains a market beta of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wuhan Hvsen are expected to decrease at a much lower rate. During the bear market, Wuhan Hvsen is likely to outperform the market. Please check Wuhan Hvsen's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Wuhan Hvsen's historical returns will revert.
Auto-correlation | 0.22 |
Weak predictability
Wuhan Hvsen Biotechnology has weak predictability. Overlapping area represents the amount of predictability between Wuhan Hvsen time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 Wuhan Hvsen Biotechnology price movement. The serial correlation of 0.22 indicates that over 22.0% of current Wuhan Hvsen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 4.28 |
Wuhan Hvsen Biotechnology lagged returns against current returns
Autocorrelation, which is Wuhan Hvsen 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 Wuhan Hvsen's stock expected returns. We can calculate the autocorrelation of Wuhan Hvsen returns to help us make a trade decision. For example, suppose you find that Wuhan Hvsen 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 |
Wuhan Hvsen 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 Wuhan Hvsen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wuhan Hvsen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wuhan Hvsen stock over time.
Current vs Lagged Prices |
| Timeline |
Wuhan Hvsen Lagged Returns
When evaluating Wuhan Hvsen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wuhan Hvsen stock have on its future price. Wuhan Hvsen 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, Wuhan Hvsen autocorrelation shows the relationship between Wuhan Hvsen stock current value and its past values and can show if there is a momentum factor associated with investing in Wuhan Hvsen Biotechnology.
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 Wuhan Stock
Wuhan Hvsen financial ratios help investors to determine whether Wuhan 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 Wuhan with respect to the benefits of owning Wuhan Hvsen security.