Guodian Nanjing (China) Market Value
| 600268 Stock | 7.44 0.04 0.54% |
| Symbol | Guodian |
Guodian Nanjing '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 Guodian Nanjing'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 Guodian Nanjing.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Guodian Nanjing on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Guodian Nanjing Automation or generate 0.0% return on investment in Guodian Nanjing over 90 days. Guodian Nanjing is related to or competes with Hang Xiao, Jinhe Biotechnology, Juneyao Airlines, Liaoning Chengda, Liuzhou Iron, GreenTech Environmental, and Spring Airlines. Guodian Nanjing is entity of China. It is traded as Stock on SHG exchange. More
Guodian Nanjing 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 Guodian Nanjing'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 Guodian Nanjing Automation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1261 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.81 |
Guodian Nanjing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guodian Nanjing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guodian Nanjing's standard deviation. In reality, there are many statistical measures that can use Guodian Nanjing historical prices to predict the future Guodian Nanjing's volatility.| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.0979 | |||
| Total Risk Alpha | 0.3384 | |||
| Sortino Ratio | 0.1241 | |||
| Treynor Ratio | (0.72) |
Guodian Nanjing Auto Backtested Returns
At this point, Guodian Nanjing is somewhat reliable. Guodian Nanjing Auto holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Guodian Nanjing Auto, which you can use to evaluate the volatility of the firm. Please check out Guodian Nanjing's Risk Adjusted Performance of 0.0664, downside deviation of 1.81, and Market Risk Adjusted Performance of (0.71) to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Guodian Nanjing has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guodian Nanjing are expected to decrease at a much lower rate. During the bear market, Guodian Nanjing is likely to outperform the market. Guodian Nanjing Auto right now retains a risk of 1.82%. Please check out Guodian Nanjing standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Guodian Nanjing will be following its current trending patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Guodian Nanjing Automation has modest reverse predictability. Overlapping area represents the amount of predictability between Guodian Nanjing time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Guodian Nanjing Auto price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Guodian Nanjing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Guodian Nanjing Auto lagged returns against current returns
Autocorrelation, which is Guodian Nanjing 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 Guodian Nanjing's stock expected returns. We can calculate the autocorrelation of Guodian Nanjing returns to help us make a trade decision. For example, suppose you find that Guodian Nanjing 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 |
Guodian Nanjing 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 Guodian Nanjing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guodian Nanjing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guodian Nanjing stock over time.
Current vs Lagged Prices |
| Timeline |
Guodian Nanjing Lagged Returns
When evaluating Guodian Nanjing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guodian Nanjing stock have on its future price. Guodian Nanjing 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, Guodian Nanjing autocorrelation shows the relationship between Guodian Nanjing stock current value and its past values and can show if there is a momentum factor associated with investing in Guodian Nanjing Automation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guodian Stock
Guodian Nanjing financial ratios help investors to determine whether Guodian 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 Guodian with respect to the benefits of owning Guodian Nanjing security.