Guangzhou Baiyunshan (Germany) Market Value
| GU5 Stock | EUR 2.14 0.04 1.90% |
| Symbol | Guangzhou |
Guangzhou Baiyunshan '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 Guangzhou Baiyunshan'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 Guangzhou Baiyunshan.
| 12/29/2023 |
| 12/23/2024 |
If you would invest 0.00 in Guangzhou Baiyunshan on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Guangzhou Baiyunshan Pharmaceutical or generate 0.0% return on investment in Guangzhou Baiyunshan over 360 days. Guangzhou Baiyunshan is related to or competes with Merck, Takeda Pharmaceutical, HANSOH PHARMAC, Elanco Animal, ASPEN PHARUNADR, and CanSino Biologics. Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited engages in the research, development, manufacture, and sale... More
Guangzhou Baiyunshan 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 Guangzhou Baiyunshan'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 Guangzhou Baiyunshan Pharmaceutical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.5 | |||
| Information Ratio | 0.1683 | |||
| Maximum Drawdown | 24.31 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 5.0 |
Guangzhou Baiyunshan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Baiyunshan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Baiyunshan's standard deviation. In reality, there are many statistical measures that can use Guangzhou Baiyunshan historical prices to predict the future Guangzhou Baiyunshan's volatility.| Risk Adjusted Performance | 0.1488 | |||
| Jensen Alpha | 0.5549 | |||
| Total Risk Alpha | 0.4775 | |||
| Sortino Ratio | 0.2183 | |||
| Treynor Ratio | 0.9355 |
Guangzhou Baiyunshan Backtested Returns
Guangzhou Baiyunshan appears to be risky, given 3 months investment horizon. Guangzhou Baiyunshan holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Guangzhou Baiyunshan's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Guangzhou Baiyunshan's risk adjusted performance of 0.1488, and Market Risk Adjusted Performance of 0.9455 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Baiyunshan holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangzhou Baiyunshan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Baiyunshan is expected to be smaller as well. Please check Guangzhou Baiyunshan's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangzhou Baiyunshan's current trending patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Guangzhou Baiyunshan Pharmaceutical has modest predictability. Overlapping area represents the amount of predictability between Guangzhou Baiyunshan time series from 29th of December 2023 to 26th of June 2024 and 26th of June 2024 to 23rd 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 Guangzhou Baiyunshan price movement. The serial correlation of 0.54 indicates that about 54.0% of current Guangzhou Baiyunshan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Guangzhou Baiyunshan lagged returns against current returns
Autocorrelation, which is Guangzhou Baiyunshan 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 Guangzhou Baiyunshan's stock expected returns. We can calculate the autocorrelation of Guangzhou Baiyunshan returns to help us make a trade decision. For example, suppose you find that Guangzhou Baiyunshan 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 |
Guangzhou Baiyunshan 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 Guangzhou Baiyunshan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Baiyunshan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Baiyunshan stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Baiyunshan Lagged Returns
When evaluating Guangzhou Baiyunshan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Baiyunshan stock have on its future price. Guangzhou Baiyunshan 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, Guangzhou Baiyunshan autocorrelation shows the relationship between Guangzhou Baiyunshan stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Baiyunshan Pharmaceutical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangzhou Stock
Guangzhou Baiyunshan financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Baiyunshan security.