Guangdong Banbao (China) Market Value
| 603398 Stock | 22.36 1.76 8.54% |
| Symbol | Guangdong |
Guangdong Banbao '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 Guangdong Banbao'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 Guangdong Banbao.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Guangdong Banbao on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Banbao Toy or generate 0.0% return on investment in Guangdong Banbao over 60 days. Guangdong Banbao is related to or competes with Holitech Technology, Zotye Automobile, Bus Online, Cultural Investment, and Gome Telecom. Guangdong Banbao is entity of China. It is traded as Stock on SHG exchange. More
Guangdong Banbao 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 Guangdong Banbao'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 Guangdong Banbao Toy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.95 | |||
| Information Ratio | 0.1353 | |||
| Maximum Drawdown | 20.03 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 9.96 |
Guangdong Banbao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Banbao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Banbao's standard deviation. In reality, there are many statistical measures that can use Guangdong Banbao historical prices to predict the future Guangdong Banbao's volatility.| Risk Adjusted Performance | 0.1215 | |||
| Jensen Alpha | 0.7792 | |||
| Total Risk Alpha | 0.6963 | |||
| Sortino Ratio | 0.1295 | |||
| Treynor Ratio | 2.53 |
Guangdong Banbao Toy Backtested Returns
Guangdong Banbao appears to be somewhat reliable, given 3 months investment horizon. Guangdong Banbao Toy holds Efficiency (Sharpe) Ratio of 0.09, which attests that the entity had a 0.09% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Banbao's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Guangdong Banbao's risk adjusted performance of 0.1215, and Market Risk Adjusted Performance of 2.54 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Banbao holds a performance score of 7. 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, Guangdong Banbao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangdong Banbao is expected to be smaller as well. Please check Guangdong Banbao'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 Guangdong Banbao's current trending patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Guangdong Banbao Toy has average predictability. Overlapping area represents the amount of predictability between Guangdong Banbao time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Guangdong Banbao Toy price movement. The serial correlation of 0.47 indicates that about 47.0% of current Guangdong Banbao price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 4.23 |
Guangdong Banbao Toy lagged returns against current returns
Autocorrelation, which is Guangdong Banbao 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 Guangdong Banbao's stock expected returns. We can calculate the autocorrelation of Guangdong Banbao returns to help us make a trade decision. For example, suppose you find that Guangdong Banbao 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 |
Guangdong Banbao 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 Guangdong Banbao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Banbao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Banbao stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Banbao Lagged Returns
When evaluating Guangdong Banbao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Banbao stock have on its future price. Guangdong Banbao 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, Guangdong Banbao autocorrelation shows the relationship between Guangdong Banbao stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Banbao Toy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangdong Stock
Guangdong Banbao financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Banbao security.