Hainan Airlines (China) Market Value
| 600221 Stock | 1.54 0.06 3.75% |
| Symbol | Hainan |
Hainan Airlines '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 Hainan Airlines' 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 Hainan Airlines.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Hainan Airlines on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Hainan Airlines Co or generate 0.0% return on investment in Hainan Airlines over 720 days. Hainan Airlines is related to or competes with Chengdu Xingrong, Zoje Resources, Chengdu Spaceon, Beijing Mainstreets, Hubei Geoway, and Nuode Investment. More
Hainan Airlines 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 Hainan Airlines' 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 Hainan Airlines Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.42 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 3.05 |
Hainan Airlines Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan Airlines' standard deviation. In reality, there are many statistical measures that can use Hainan Airlines historical prices to predict the future Hainan Airlines' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 5.93 |
Hainan Airlines Backtested Returns
Hainan Airlines holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16 % return per unit of risk over the last 3 months. Hainan Airlines exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hainan Airlines' Risk Adjusted Performance of (0.11), standard deviation of 2.19, and Market Risk Adjusted Performance of 5.94 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0591, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hainan Airlines are expected to decrease at a much lower rate. During the bear market, Hainan Airlines is likely to outperform the market. At this point, Hainan Airlines has a negative expected return of -0.34%. Please make sure to check out Hainan Airlines' standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Hainan Airlines performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Hainan Airlines Co has modest reverse predictability. Overlapping area represents the amount of predictability between Hainan Airlines time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Hainan Airlines price movement. The serial correlation of -0.47 indicates that about 47.0% of current Hainan Airlines price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Hainan Airlines lagged returns against current returns
Autocorrelation, which is Hainan Airlines 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 Hainan Airlines' stock expected returns. We can calculate the autocorrelation of Hainan Airlines returns to help us make a trade decision. For example, suppose you find that Hainan Airlines 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 |
Hainan Airlines 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 Hainan Airlines stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan Airlines stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan Airlines stock over time.
Current vs Lagged Prices |
| Timeline |
Hainan Airlines Lagged Returns
When evaluating Hainan Airlines' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan Airlines stock have on its future price. Hainan Airlines 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, Hainan Airlines autocorrelation shows the relationship between Hainan Airlines stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan Airlines Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hainan Stock
Hainan Airlines financial ratios help investors to determine whether Hainan 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 Hainan with respect to the benefits of owning Hainan Airlines security.