Guangdong Investment Stock Market Value
| GGDVY Stock | USD 38.65 0.82 2.08% |
| 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.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Guangdong Investment on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Guangdong Investment or generate 0.0% return on investment in Guangdong Investment over 30 days. Guangdong Investment is related to or competes with American Water, California Water, Middlesex Water, American States, and York Water. 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.73 | |||
| Information Ratio | 0.1014 | |||
| Maximum Drawdown | 32.57 | |||
| Value At Risk | (8.72) | |||
| Potential Upside | 12.48 |
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 | 0.0916 | |||
| Jensen Alpha | 0.5482 | |||
| Total Risk Alpha | 0.552 | |||
| Sortino Ratio | 0.071 | |||
| Treynor Ratio | (5.51) |
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 not too volatile, given 3 months investment horizon. Guangdong Investment holds Efficiency (Sharpe) Ratio of 0.0866, which attests that the entity had a 0.0866% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Guangdong Investment, which you can use to evaluate the volatility of the firm. Please utilize Guangdong Investment's market risk adjusted performance of (5.50), and Risk Adjusted Performance of 0.0916 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 6. The company retains a Market Volatility (i.e., Beta) of -0.0995, 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 value at risk, and the relationship between the information ratio and kurtosis , to make a quick decision on whether Guangdong Investment's current trending patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Guangdong Investment has poor predictability. Overlapping area represents the amount of predictability between Guangdong Investment time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Guangdong Investment price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Guangdong Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 4.22 |
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.
Regressed Prices |
| Timeline |
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Additional Tools for Guangdong Pink Sheet Analysis
When running Guangdong Investment's price analysis, check to measure Guangdong Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guangdong Investment is operating at the current time. Most of Guangdong Investment's value examination focuses on studying past and present price action to predict the probability of Guangdong Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Investment's price. Additionally, you may evaluate how the addition of Guangdong Investment to your portfolios can decrease your overall portfolio volatility.