Hainan HNA (China) Market Value
| 600515 Stock | 3.91 0.12 3.17% |
| Symbol | Hainan |
Hainan HNA '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 HNA'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 Hainan HNA.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Hainan HNA on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Hainan HNA Infrastructure or generate 0.0% return on investment in Hainan HNA over 30 days. Hainan HNA is related to or competes with China Life, Cinda Securities, Piotech, Dongxing Sec, Shanghai OPM, National Silicon, and China Molybdenum. Hainan HNA is entity of China. It is traded as Stock on SHG exchange. More
Hainan HNA 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 HNA'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 Hainan HNA Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.1209 | |||
| Maximum Drawdown | 18.34 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 5.23 |
Hainan HNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hainan HNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hainan HNA's standard deviation. In reality, there are many statistical measures that can use Hainan HNA historical prices to predict the future Hainan HNA's volatility.| Risk Adjusted Performance | 0.1117 | |||
| Jensen Alpha | 0.3898 | |||
| Total Risk Alpha | 0.2994 | |||
| Sortino Ratio | 0.1336 | |||
| Treynor Ratio | (1.25) |
Hainan HNA Infrastructure Backtested Returns
Hainan HNA appears to be relatively risky, given 3 months investment horizon. Hainan HNA Infrastructure holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hainan HNA Infrastructure, which you can use to evaluate the volatility of the firm. Please utilize Hainan HNA's Downside Deviation of 2.7, risk adjusted performance of 0.1117, and Market Risk Adjusted Performance of (1.24) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hainan HNA holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hainan HNA are expected to decrease at a much lower rate. During the bear market, Hainan HNA is likely to outperform the market. Please check Hainan HNA's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Hainan HNA's current trending patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Hainan HNA Infrastructure has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hainan HNA time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Hainan HNA Infrastructure price movement. The serial correlation of -0.76 indicates that around 76.0% of current Hainan HNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Hainan HNA Infrastructure lagged returns against current returns
Autocorrelation, which is Hainan HNA 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 HNA's stock expected returns. We can calculate the autocorrelation of Hainan HNA returns to help us make a trade decision. For example, suppose you find that Hainan HNA 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 HNA 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 HNA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hainan HNA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hainan HNA stock over time.
Current vs Lagged Prices |
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Hainan HNA Lagged Returns
When evaluating Hainan HNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hainan HNA stock have on its future price. Hainan HNA 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 HNA autocorrelation shows the relationship between Hainan HNA stock current value and its past values and can show if there is a momentum factor associated with investing in Hainan HNA Infrastructure.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hainan Stock
Hainan HNA 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 HNA security.