Hubei Geoway (China) Market Value
| 600462 Stock | 1.46 0.07 5.04% |
| Symbol | Hubei |
Hubei Geoway '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 Hubei Geoway'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 Hubei Geoway.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Hubei Geoway on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Hubei Geoway Investment or generate 0.0% return on investment in Hubei Geoway over 720 days. Hubei Geoway is related to or competes with ZYF Lopsking, Silkroad Visual, Anhui Transport, Jiangsu Broadcasting, Guizhou BroadcastingTV, Hunan TV, and Western Metal. Hubei Geoway is entity of China. It is traded as Stock on SHG exchange. More
Hubei Geoway 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 Hubei Geoway'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 Hubei Geoway Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.77 | |||
| Information Ratio | 0.0586 | |||
| Maximum Drawdown | 10.56 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 5.22 |
Hubei Geoway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hubei Geoway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hubei Geoway's standard deviation. In reality, there are many statistical measures that can use Hubei Geoway historical prices to predict the future Hubei Geoway's volatility.| Risk Adjusted Performance | 0.0636 | |||
| Jensen Alpha | 0.2235 | |||
| Total Risk Alpha | 0.1447 | |||
| Sortino Ratio | 0.0554 | |||
| Treynor Ratio | 0.8526 |
Hubei Geoway Investment Backtested Returns
Hubei Geoway appears to be dangerous, given 3 months investment horizon. Hubei Geoway Investment holds Efficiency (Sharpe) Ratio of 0.0554, which attests that the entity had a 0.0554 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hubei Geoway Investment, which you can use to evaluate the volatility of the firm. Please utilize Hubei Geoway's Risk Adjusted Performance of 0.0636, downside deviation of 3.77, and Market Risk Adjusted Performance of 0.8626 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hubei Geoway holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hubei Geoway's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hubei Geoway is expected to be smaller as well. Please check Hubei Geoway's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Hubei Geoway's current trending patterns will revert.
Auto-correlation | 0.48 |
Average predictability
Hubei Geoway Investment has average predictability. Overlapping area represents the amount of predictability between Hubei Geoway time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st 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 Hubei Geoway Investment price movement. The serial correlation of 0.48 indicates that about 48.0% of current Hubei Geoway price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Hubei Geoway Investment lagged returns against current returns
Autocorrelation, which is Hubei Geoway 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 Hubei Geoway's stock expected returns. We can calculate the autocorrelation of Hubei Geoway returns to help us make a trade decision. For example, suppose you find that Hubei Geoway 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 |
Hubei Geoway 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 Hubei Geoway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hubei Geoway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hubei Geoway stock over time.
Current vs Lagged Prices |
| Timeline |
Hubei Geoway Lagged Returns
When evaluating Hubei Geoway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hubei Geoway stock have on its future price. Hubei Geoway 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, Hubei Geoway autocorrelation shows the relationship between Hubei Geoway stock current value and its past values and can show if there is a momentum factor associated with investing in Hubei Geoway Investment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hubei Stock
Hubei Geoway financial ratios help investors to determine whether Hubei 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 Hubei with respect to the benefits of owning Hubei Geoway security.