Guangdong Lvtong (China) Market Value
| 301322 Stock | 23.40 0.11 0.47% |
| Symbol | Guangdong |
Guangdong Lvtong '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 Lvtong'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 Lvtong.
| 02/09/2025 |
| 03/11/2025 |
If you would invest 0.00 in Guangdong Lvtong on February 9, 2025 and sell it all today you would earn a total of 0.00 from holding Guangdong Lvtong New or generate 0.0% return on investment in Guangdong Lvtong over 30 days. Guangdong Lvtong is related to or competes with Nexchip Semiconductor, Yuanjie Semiconductor, Shannon Semiconductor, China Sports, Bloomage Biotechnology Co, Anhui Transport, and Semiconductor Manufacturing. Guangdong Lvtong is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Lvtong 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 Lvtong'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 Lvtong New upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 4.06 |
Guangdong Lvtong Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Lvtong's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Lvtong's standard deviation. In reality, there are many statistical measures that can use Guangdong Lvtong historical prices to predict the future Guangdong Lvtong's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.1528 | |||
| Treynor Ratio | 0.5058 |
Guangdong Lvtong New Backtested Returns
Guangdong Lvtong New holds Efficiency (Sharpe) Ratio of -0.0606, which attests that the entity had a -0.0606 % return per unit of standard deviation over the last 3 months. Guangdong Lvtong New exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Lvtong's risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.5158 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guangdong Lvtong are expected to decrease at a much lower rate. During the bear market, Guangdong Lvtong is likely to outperform the market. At this point, Guangdong Lvtong New has a negative expected return of -0.15%. Please make sure to check out Guangdong Lvtong's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Guangdong Lvtong New performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Guangdong Lvtong New has virtually no predictability. Overlapping area represents the amount of predictability between Guangdong Lvtong time series from 9th of February 2025 to 24th of February 2025 and 24th of February 2025 to 11th 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 Guangdong Lvtong New price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Guangdong Lvtong price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Guangdong Lvtong New lagged returns against current returns
Autocorrelation, which is Guangdong Lvtong 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 Lvtong's stock expected returns. We can calculate the autocorrelation of Guangdong Lvtong returns to help us make a trade decision. For example, suppose you find that Guangdong Lvtong 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 Lvtong 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 Lvtong stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Lvtong stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Lvtong stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Lvtong Lagged Returns
When evaluating Guangdong Lvtong's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Lvtong stock have on its future price. Guangdong Lvtong 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 Lvtong autocorrelation shows the relationship between Guangdong Lvtong stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Lvtong New.
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 Guangdong Stock
Guangdong Lvtong 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 Lvtong security.