Hangzhou Arcvideo (China) Market Value
| 688039 Stock | 24.69 1.66 6.30% |
| Symbol | Hangzhou |
Hangzhou Arcvideo '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 Hangzhou Arcvideo'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 Hangzhou Arcvideo.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Hangzhou Arcvideo on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Hangzhou Arcvideo Technology or generate 0.0% return on investment in Hangzhou Arcvideo over 60 days. Hangzhou Arcvideo is related to or competes with Holitech Technology, Zotye Automobile, Bus Online, Cultural Investment, and Gome Telecom. Hangzhou Arcvideo is entity of China. It is traded as Stock on SHG exchange. More
Hangzhou Arcvideo 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 Hangzhou Arcvideo'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 Hangzhou Arcvideo Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.2 | |||
| Information Ratio | 0.0554 | |||
| Maximum Drawdown | 34.4 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 9.78 |
Hangzhou Arcvideo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hangzhou Arcvideo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hangzhou Arcvideo's standard deviation. In reality, there are many statistical measures that can use Hangzhou Arcvideo historical prices to predict the future Hangzhou Arcvideo's volatility.| Risk Adjusted Performance | 0.0567 | |||
| Jensen Alpha | 0.338 | |||
| Total Risk Alpha | 0.2462 | |||
| Sortino Ratio | 0.062 | |||
| Treynor Ratio | (1.25) |
Hangzhou Arcvideo Backtested Returns
Hangzhou Arcvideo holds Efficiency (Sharpe) Ratio of -0.0653, which attests that the entity had a -0.0653% return per unit of risk over the last 3 months. Hangzhou Arcvideo exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hangzhou Arcvideo's Risk Adjusted Performance of 0.0567, downside deviation of 5.2, and Market Risk Adjusted Performance of (1.24) to validate the risk estimate we provide. 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, returns on owning Hangzhou Arcvideo are expected to decrease at a much lower rate. During the bear market, Hangzhou Arcvideo is likely to outperform the market. At this point, Hangzhou Arcvideo has a negative expected return of -0.32%. Please make sure to check out Hangzhou Arcvideo's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Hangzhou Arcvideo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Hangzhou Arcvideo Technology has virtually no predictability. Overlapping area represents the amount of predictability between Hangzhou Arcvideo 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 Hangzhou Arcvideo price movement. The serial correlation of 0.03 indicates that only 3.0% of current Hangzhou Arcvideo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 7.22 |
Hangzhou Arcvideo lagged returns against current returns
Autocorrelation, which is Hangzhou Arcvideo 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 Hangzhou Arcvideo's stock expected returns. We can calculate the autocorrelation of Hangzhou Arcvideo returns to help us make a trade decision. For example, suppose you find that Hangzhou Arcvideo 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 |
Hangzhou Arcvideo 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 Hangzhou Arcvideo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hangzhou Arcvideo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hangzhou Arcvideo stock over time.
Current vs Lagged Prices |
| Timeline |
Hangzhou Arcvideo Lagged Returns
When evaluating Hangzhou Arcvideo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hangzhou Arcvideo stock have on its future price. Hangzhou Arcvideo 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, Hangzhou Arcvideo autocorrelation shows the relationship between Hangzhou Arcvideo stock current value and its past values and can show if there is a momentum factor associated with investing in Hangzhou Arcvideo Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hangzhou Stock
Hangzhou Arcvideo financial ratios help investors to determine whether Hangzhou 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 Hangzhou with respect to the benefits of owning Hangzhou Arcvideo security.