Shuhua Sports (China) Market Value
| 605299 Stock | 9.17 0.19 2.03% |
| Symbol | Shuhua |
Shuhua Sports '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 Shuhua Sports' 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 Shuhua Sports.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Shuhua Sports on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Shuhua Sports Co or generate 0.0% return on investment in Shuhua Sports over 90 days. Shuhua Sports is related to or competes with Luolai Home, Guangzhou Shangpin, Jason Furniture(Hangzh, Zhongshan Public, Liuzhou Chemical, Guizhou Chanhen, and Jilin Chemical. Shuhua Sports is entity of China. It is traded as Stock on SHG exchange. More
Shuhua Sports 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 Shuhua Sports' 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 Shuhua Sports Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 16.85 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 6.15 |
Shuhua Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shuhua Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shuhua Sports' standard deviation. In reality, there are many statistical measures that can use Shuhua Sports historical prices to predict the future Shuhua Sports' volatility.| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | 0.1457 | |||
| Total Risk Alpha | 0.5683 | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | (0.67) |
Shuhua Sports Backtested Returns
At this point, Shuhua Sports is slightly risky. Shuhua Sports owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0495, which indicates the firm had a 0.0495 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Shuhua Sports Co, which you can use to evaluate the volatility of the company. Please validate Shuhua Sports' Semi Deviation of 2.99, coefficient of variation of 2005.66, and Risk Adjusted Performance of 0.0515 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Shuhua Sports has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shuhua Sports are expected to decrease at a much lower rate. During the bear market, Shuhua Sports is likely to outperform the market. Shuhua Sports right now has a risk of 3.67%. Please validate Shuhua Sports jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Shuhua Sports will be following its existing price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Shuhua Sports Co has weak reverse predictability. Overlapping area represents the amount of predictability between Shuhua Sports time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Shuhua Sports price movement. The serial correlation of -0.25 indicates that over 25.0% of current Shuhua Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Shuhua Sports lagged returns against current returns
Autocorrelation, which is Shuhua Sports 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 Shuhua Sports' stock expected returns. We can calculate the autocorrelation of Shuhua Sports returns to help us make a trade decision. For example, suppose you find that Shuhua Sports 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 |
Shuhua Sports 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 Shuhua Sports stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shuhua Sports stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shuhua Sports stock over time.
Current vs Lagged Prices |
| Timeline |
Shuhua Sports Lagged Returns
When evaluating Shuhua Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shuhua Sports stock have on its future price. Shuhua Sports 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, Shuhua Sports autocorrelation shows the relationship between Shuhua Sports stock current value and its past values and can show if there is a momentum factor associated with investing in Shuhua Sports Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Shuhua Stock
Shuhua Sports financial ratios help investors to determine whether Shuhua 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 Shuhua with respect to the benefits of owning Shuhua Sports security.