Guangdong Investment Limited Stock Market Value
| GGDVF Stock | USD 0.61 0.01 1.61% |
| Symbol | Guangdong |
Guangdong Investment '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 Investment's pink sheet 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 Investment.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Guangdong Investment on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Investment Limited or generate 0.0% return on investment in Guangdong Investment over 180 days. Guangdong Investment is related to or competes with Essential Utilities, Anhui Conch, Endesa SA, HUMANA, Barloworld, Thrivent High, and Morningstar Unconstrained. Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and develop... More
Guangdong Investment 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 Investment's pink sheet 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 Investment Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0437 | |||
| Maximum Drawdown | 17.8 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 5.0 |
Guangdong Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Investment's standard deviation. In reality, there are many statistical measures that can use Guangdong Investment historical prices to predict the future Guangdong Investment's volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.2604 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guangdong Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guangdong Investment Backtested Returns
Guangdong Investment appears to be extremely dangerous, given 3 months investment horizon. Guangdong Investment holds Efficiency (Sharpe) Ratio of 0.0968, which attests that the entity had a 0.0968% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Guangdong Investment, which you can use to evaluate the volatility of the firm. Please utilize Guangdong Investment's risk adjusted performance of 0.0845, and Market Risk Adjusted Performance of (1.01) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Investment holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guangdong Investment are expected to decrease at a much lower rate. During the bear market, Guangdong Investment is likely to outperform the market. Please check Guangdong Investment's standard deviation and the relationship between the treynor ratio and day typical price , to make a quick decision on whether Guangdong Investment's current trending patterns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Guangdong Investment Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Guangdong Investment time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Investment price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Guangdong Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guangdong Investment lagged returns against current returns
Autocorrelation, which is Guangdong Investment pink sheet'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 Investment's pink sheet expected returns. We can calculate the autocorrelation of Guangdong Investment returns to help us make a trade decision. For example, suppose you find that Guangdong Investment has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Investment 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 Investment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Investment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Investment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Investment Lagged Returns
When evaluating Guangdong Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Investment pink sheet have on its future price. Guangdong Investment 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 Investment autocorrelation shows the relationship between Guangdong Investment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Investment Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangdong Pink Sheet
Guangdong Investment financial ratios help investors to determine whether Guangdong Pink Sheet 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 Investment security.