Fanhua (Germany) Market Value
| 4CIA Stock | EUR 0.98 0.04 3.92% |
| Symbol | Fanhua |
Fanhua '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 Fanhua'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 Fanhua.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Fanhua on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fanhua Inc or generate 0.0% return on investment in Fanhua over 30 days. Fanhua is related to or competes with Marsh McLennan, Aon PLC, Arthur J, Willis Towers, Steadfast Group, CRAWFORD A, and KOWORLD AG. Fanhua Inc., together with its subsidiary, distributes insurance products in China More
Fanhua 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 Fanhua'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 Fanhua Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | 0.0099 | |||
| Maximum Drawdown | 29.38 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 10.39 |
Fanhua Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fanhua's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fanhua's standard deviation. In reality, there are many statistical measures that can use Fanhua historical prices to predict the future Fanhua's volatility.| Risk Adjusted Performance | 0.0243 | |||
| Jensen Alpha | 0.0559 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0128 | |||
| Treynor Ratio | 0.1029 |
Fanhua Inc Backtested Returns
Fanhua Inc secures Sharpe Ratio (or Efficiency) of -0.0486, which denotes the company had a -0.0486% return per unit of risk over the last 3 months. Fanhua Inc exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fanhua's Mean Deviation of 4.0, coefficient of variation of 5044.58, and Downside Deviation of 4.15 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. Fanhua returns are very sensitive to returns on the market. As the market goes up or down, Fanhua is expected to follow. At this point, Fanhua Inc has a negative expected return of -0.24%. Please make sure to confirm Fanhua's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Fanhua Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.95 |
Excellent predictability
Fanhua Inc has excellent predictability. Overlapping area represents the amount of predictability between Fanhua time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Fanhua Inc price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Fanhua price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fanhua Inc lagged returns against current returns
Autocorrelation, which is Fanhua 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 Fanhua's stock expected returns. We can calculate the autocorrelation of Fanhua returns to help us make a trade decision. For example, suppose you find that Fanhua 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 |
Fanhua 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 Fanhua stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fanhua stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fanhua stock over time.
Current vs Lagged Prices |
| Timeline |
Fanhua Lagged Returns
When evaluating Fanhua's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fanhua stock have on its future price. Fanhua 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, Fanhua autocorrelation shows the relationship between Fanhua stock current value and its past values and can show if there is a momentum factor associated with investing in Fanhua Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Fanhua Stock
When determining whether Fanhua Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fanhua Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fanhua Inc Stock. Highlighted below are key reports to facilitate an investment decision about Fanhua Inc Stock:Check out Fanhua Correlation, Fanhua Volatility and Fanhua Alpha and Beta module to complement your research on Fanhua. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Fanhua technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.