GUOMAI Culture's market value is the price at which a share of GUOMAI Culture trades on a public exchange. It measures the collective expectations of GUOMAI Culture Media investors about its performance. GUOMAI Culture is trading at 23.11 as of the 6th of January 2025, a 2.49% down since the beginning of the trading day. The stock's open price was 23.7. With this module, you can estimate the performance of a buy and hold strategy of GUOMAI Culture Media and determine expected loss or profit from investing in GUOMAI Culture over a given investment horizon. Check out GUOMAI Culture Correlation, GUOMAI Culture Volatility and GUOMAI Culture Alpha and Beta module to complement your research on GUOMAI Culture.
Please note, there is a significant difference between GUOMAI Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if GUOMAI Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GUOMAI Culture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GUOMAI Culture '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 GUOMAI Culture'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 GUOMAI Culture.
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12/07/2024
No Change 0.00
0.0
In 31 days
01/06/2025
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If you would invest 0.00 in GUOMAI Culture on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding GUOMAI Culture Media or generate 0.0% return on investment in GUOMAI Culture over 30 days. GUOMAI Culture is related to or competes with BeiGene, Kweichow Moutai, Beijing Roborock, G Bits, China Mobile, Jiangsu Bioperfectus, and Changchun High. GUOMAI Culture is entity of China. It is traded as Stock on SHE exchange. More
GUOMAI Culture 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 GUOMAI Culture'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 GUOMAI Culture Media upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for GUOMAI Culture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GUOMAI Culture's standard deviation. In reality, there are many statistical measures that can use GUOMAI Culture historical prices to predict the future GUOMAI Culture's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GUOMAI Culture. Your research has to be compared to or analyzed against GUOMAI Culture's peers to derive any actionable benefits. When done correctly, GUOMAI Culture's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in GUOMAI Culture Media.
GUOMAI Culture Media Backtested Returns
GUOMAI Culture Media holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of volatility over the last 3 months. GUOMAI Culture Media exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GUOMAI Culture's risk adjusted performance of 0.031, and Market Risk Adjusted Performance of 5.45 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0274, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GUOMAI Culture's returns are expected to increase less than the market. However, during the bear market, the loss of holding GUOMAI Culture is expected to be smaller as well. At this point, GUOMAI Culture Media has a negative expected return of -0.49%. Please make sure to check out GUOMAI Culture's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if GUOMAI Culture Media performance from the past will be repeated at future time.
Auto-correlation
0.76
Good predictability
GUOMAI Culture Media has good predictability. Overlapping area represents the amount of predictability between GUOMAI Culture time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 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 GUOMAI Culture Media price movement. The serial correlation of 0.76 indicates that around 76.0% of current GUOMAI Culture price fluctuation can be explain by its past prices.
Correlation Coefficient
0.76
Spearman Rank Test
0.72
Residual Average
0.0
Price Variance
2.04
GUOMAI Culture Media lagged returns against current returns
Autocorrelation, which is GUOMAI Culture 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 GUOMAI Culture's stock expected returns. We can calculate the autocorrelation of GUOMAI Culture returns to help us make a trade decision. For example, suppose you find that GUOMAI Culture 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
GUOMAI Culture 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 GUOMAI Culture stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GUOMAI Culture stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GUOMAI Culture stock over time.
Current vs Lagged Prices
Timeline
GUOMAI Culture Lagged Returns
When evaluating GUOMAI Culture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GUOMAI Culture stock have on its future price. GUOMAI Culture 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, GUOMAI Culture autocorrelation shows the relationship between GUOMAI Culture stock current value and its past values and can show if there is a momentum factor associated with investing in GUOMAI Culture Media.
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.
GUOMAI Culture financial ratios help investors to determine whether GUOMAI 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 GUOMAI with respect to the benefits of owning GUOMAI Culture security.