Guizhou BroadcastingTV (China) Market Value

600996 Stock   10.29  0.13  1.28%   
Guizhou BroadcastingTV's market value is the price at which a share of Guizhou BroadcastingTV trades on a public exchange. It measures the collective expectations of Guizhou BroadcastingTV Info investors about its performance. Guizhou BroadcastingTV is trading at 10.29 as of the 17th of March 2025, a 1.28% increase since the beginning of the trading day. The stock's open price was 10.16.
With this module, you can estimate the performance of a buy and hold strategy of Guizhou BroadcastingTV Info and determine expected loss or profit from investing in Guizhou BroadcastingTV over a given investment horizon. Check out Guizhou BroadcastingTV Correlation, Guizhou BroadcastingTV Volatility and Guizhou BroadcastingTV Alpha and Beta module to complement your research on Guizhou BroadcastingTV.
Symbol

Please note, there is a significant difference between Guizhou BroadcastingTV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guizhou BroadcastingTV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guizhou BroadcastingTV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Guizhou BroadcastingTV '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 Guizhou BroadcastingTV'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 Guizhou BroadcastingTV.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Guizhou BroadcastingTV on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Guizhou BroadcastingTV Info or generate 0.0% return on investment in Guizhou BroadcastingTV over 90 days. Guizhou BroadcastingTV is related to or competes with Linkage Software, Hefei Metalforming, Sino Platinum, Fujian Boss, Thunder Software, Glodon Software, and Shanghai Yanpu. Guizhou BroadcastingTV is entity of China More

Guizhou BroadcastingTV 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 Guizhou BroadcastingTV'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 Guizhou BroadcastingTV Info upside and downside potential and time the market with a certain degree of confidence.

Guizhou BroadcastingTV Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Guizhou BroadcastingTV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guizhou BroadcastingTV's standard deviation. In reality, there are many statistical measures that can use Guizhou BroadcastingTV historical prices to predict the future Guizhou BroadcastingTV's volatility.
Hype
Prediction
LowEstimatedHigh
6.6610.2213.78
Details
Intrinsic
Valuation
LowRealHigh
6.179.7313.29
Details
Naive
Forecast
LowNextHigh
7.1710.7314.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.269.9410.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guizhou BroadcastingTV. Your research has to be compared to or analyzed against Guizhou BroadcastingTV's peers to derive any actionable benefits. When done correctly, Guizhou BroadcastingTV's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guizhou BroadcastingTV.

Guizhou BroadcastingTV Backtested Returns

At this point, Guizhou BroadcastingTV is somewhat reliable. Guizhou BroadcastingTV holds Efficiency (Sharpe) Ratio of 0.0533, which attests that the entity had a 0.0533 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Guizhou BroadcastingTV, which you can use to evaluate the volatility of the firm. Please check out Guizhou BroadcastingTV's Downside Deviation of 3.0, market risk adjusted performance of 0.6295, and Risk Adjusted Performance of 0.0511 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Guizhou BroadcastingTV has a performance score of 4 on a scale of 0 to 100. 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, Guizhou BroadcastingTV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guizhou BroadcastingTV is expected to be smaller as well. Guizhou BroadcastingTV right now retains a risk of 3.56%. Please check out Guizhou BroadcastingTV downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Guizhou BroadcastingTV will be following its current trending patterns.

Auto-correlation

    
  -0.67  

Very good reverse predictability

Guizhou BroadcastingTV Info has very good reverse predictability. Overlapping area represents the amount of predictability between Guizhou BroadcastingTV 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 Guizhou BroadcastingTV price movement. The serial correlation of -0.67 indicates that around 67.0% of current Guizhou BroadcastingTV price fluctuation can be explain by its past prices.
Correlation Coefficient-0.67
Spearman Rank Test-0.54
Residual Average0.0
Price Variance0.35

Guizhou BroadcastingTV lagged returns against current returns

Autocorrelation, which is Guizhou BroadcastingTV 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 Guizhou BroadcastingTV's stock expected returns. We can calculate the autocorrelation of Guizhou BroadcastingTV returns to help us make a trade decision. For example, suppose you find that Guizhou BroadcastingTV 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  

Guizhou BroadcastingTV 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 Guizhou BroadcastingTV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guizhou BroadcastingTV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guizhou BroadcastingTV stock over time.
   Current vs Lagged Prices   
       Timeline  

Guizhou BroadcastingTV Lagged Returns

When evaluating Guizhou BroadcastingTV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guizhou BroadcastingTV stock have on its future price. Guizhou BroadcastingTV 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, Guizhou BroadcastingTV autocorrelation shows the relationship between Guizhou BroadcastingTV stock current value and its past values and can show if there is a momentum factor associated with investing in Guizhou BroadcastingTV Info.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Guizhou Stock

Guizhou BroadcastingTV financial ratios help investors to determine whether Guizhou 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 Guizhou with respect to the benefits of owning Guizhou BroadcastingTV security.