Hangzhou EZVIZ (China) Market Value
| 688475 Stock | 30.92 0.01 0.03% |
| Symbol | Hangzhou |
Hangzhou EZVIZ '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 EZVIZ'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 EZVIZ.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Hangzhou EZVIZ on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Hangzhou EZVIZ Network or generate 0.0% return on investment in Hangzhou EZVIZ over 30 days. Hangzhou EZVIZ is related to or competes with Kweichow Moutai, NAURA Technology, Zhejiang Orient, APT Medical, BYD Co, Shenzhen Mindray, and Contemporary Amperex. Hangzhou EZVIZ is entity of China. It is traded as Stock on SHG exchange. More
Hangzhou EZVIZ 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 EZVIZ'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 EZVIZ Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.0742 | |||
| Maximum Drawdown | 22.28 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 7.66 |
Hangzhou EZVIZ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hangzhou EZVIZ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hangzhou EZVIZ's standard deviation. In reality, there are many statistical measures that can use Hangzhou EZVIZ historical prices to predict the future Hangzhou EZVIZ's volatility.| Risk Adjusted Performance | 0.0778 | |||
| Jensen Alpha | 0.4436 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0896 | |||
| Treynor Ratio | (0.33) |
Hangzhou EZVIZ Network Backtested Returns
Hangzhou EZVIZ appears to be not too volatile, given 3 months investment horizon. Hangzhou EZVIZ Network holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hangzhou EZVIZ Network, which you can use to evaluate the volatility of the firm. Please utilize Hangzhou EZVIZ's Risk Adjusted Performance of 0.0778, market risk adjusted performance of (0.32), and Downside Deviation of 3.18 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hangzhou EZVIZ holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -1.1, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Hangzhou EZVIZ are expected to decrease slowly. On the other hand, during market turmoil, Hangzhou EZVIZ is expected to outperform it slightly. Please check Hangzhou EZVIZ's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Hangzhou EZVIZ's current trending patterns will revert.
Auto-correlation | -0.86 |
Excellent reverse predictability
Hangzhou EZVIZ Network has excellent reverse predictability. Overlapping area represents the amount of predictability between Hangzhou EZVIZ time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Hangzhou EZVIZ Network price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Hangzhou EZVIZ price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Hangzhou EZVIZ Network lagged returns against current returns
Autocorrelation, which is Hangzhou EZVIZ 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 EZVIZ's stock expected returns. We can calculate the autocorrelation of Hangzhou EZVIZ returns to help us make a trade decision. For example, suppose you find that Hangzhou EZVIZ 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 EZVIZ 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 EZVIZ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hangzhou EZVIZ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hangzhou EZVIZ stock over time.
Current vs Lagged Prices |
| Timeline |
Hangzhou EZVIZ Lagged Returns
When evaluating Hangzhou EZVIZ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hangzhou EZVIZ stock have on its future price. Hangzhou EZVIZ 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 EZVIZ autocorrelation shows the relationship between Hangzhou EZVIZ stock current value and its past values and can show if there is a momentum factor associated with investing in Hangzhou EZVIZ Network.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Hangzhou Stock
Hangzhou EZVIZ 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 EZVIZ security.