Guangdong Liantai (China) Market Value
| 603797 Stock | 4.30 0.16 3.86% |
| Symbol | Guangdong |
Guangdong Liantai '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 Liantai'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 Liantai.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Guangdong Liantai on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Liantai Environmental or generate 0.0% return on investment in Guangdong Liantai over 30 days. Guangdong Liantai is related to or competes with Touchstone International, Gansu Jiu, Hubei Xingfa, Fujian Nanwang, Cowealth Medical, Tongxing Environmental, and Tianjin Capital. Guangdong Liantai is entity of China. It is traded as Stock on SHG exchange. More
Guangdong Liantai 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 Liantai'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 Liantai Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.1475 | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 3.86 |
Guangdong Liantai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Liantai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Liantai's standard deviation. In reality, there are many statistical measures that can use Guangdong Liantai historical prices to predict the future Guangdong Liantai's volatility.| Risk Adjusted Performance | 0.1604 | |||
| Jensen Alpha | 0.5037 | |||
| Total Risk Alpha | 0.0772 | |||
| Sortino Ratio | 0.1447 | |||
| Treynor Ratio | 10.1 |
Guangdong Liantai Backtested Returns
Guangdong Liantai appears to be moderately volatile, given 3 months investment horizon. Guangdong Liantai holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Liantai's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Guangdong Liantai's market risk adjusted performance of 10.11, and Risk Adjusted Performance of 0.1604 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Liantai holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.0505, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangdong Liantai's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangdong Liantai is expected to be smaller as well. Please check Guangdong Liantai'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 Liantai's current trending patterns will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Guangdong Liantai Environmental has very weak reverse predictability. Overlapping area represents the amount of predictability between Guangdong Liantai time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Guangdong Liantai price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Guangdong Liantai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Guangdong Liantai lagged returns against current returns
Autocorrelation, which is Guangdong Liantai 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 Liantai's stock expected returns. We can calculate the autocorrelation of Guangdong Liantai returns to help us make a trade decision. For example, suppose you find that Guangdong Liantai 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 Liantai 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 Liantai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Liantai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Liantai stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Liantai Lagged Returns
When evaluating Guangdong Liantai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Liantai stock have on its future price. Guangdong Liantai 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 Liantai autocorrelation shows the relationship between Guangdong Liantai stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Liantai Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangdong Stock
Guangdong Liantai 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 Liantai security.