Yuexiu Transport (Germany) Market Value
| GZ3 Stock | EUR 0.45 0.01 2.27% |
| Symbol | Yuexiu |
Yuexiu Transport '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 Yuexiu Transport'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 Yuexiu Transport.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Yuexiu Transport on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Yuexiu Transport Infrastructure or generate 0.0% return on investment in Yuexiu Transport over 390 days. Yuexiu Transport is related to or competes with Transurban, Jiangsu Expressway, Zhejiang Expressway, and Arcosa. Yuexiu Transport Infrastructure Limited, together with its subsidiaries, invests in, develops, operates, and manages tol... More
Yuexiu Transport 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 Yuexiu Transport'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 Yuexiu Transport Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.1296 | |||
| Maximum Drawdown | 39.76 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 6.25 |
Yuexiu Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yuexiu Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yuexiu Transport's standard deviation. In reality, there are many statistical measures that can use Yuexiu Transport historical prices to predict the future Yuexiu Transport's volatility.| Risk Adjusted Performance | 0.1163 | |||
| Jensen Alpha | 0.6684 | |||
| Total Risk Alpha | 0.5266 | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | (5.04) |
Yuexiu Transport Inf Backtested Returns
Yuexiu Transport appears to be out of control, given 3 months investment horizon. Yuexiu Transport Inf shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. By examining Yuexiu Transport's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Yuexiu Transport's Downside Deviation of 4.75, market risk adjusted performance of (5.03), and Mean Deviation of 2.68 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Yuexiu Transport holds a performance score of 11. The firm maintains a market beta of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yuexiu Transport are expected to decrease at a much lower rate. During the bear market, Yuexiu Transport is likely to outperform the market. Please check Yuexiu Transport's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Yuexiu Transport's historical returns will revert.
Auto-correlation | 0.49 |
Average predictability
Yuexiu Transport Infrastructure has average predictability. Overlapping area represents the amount of predictability between Yuexiu Transport time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Yuexiu Transport Inf price movement. The serial correlation of 0.49 indicates that about 49.0% of current Yuexiu Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yuexiu Transport Inf lagged returns against current returns
Autocorrelation, which is Yuexiu Transport 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 Yuexiu Transport's stock expected returns. We can calculate the autocorrelation of Yuexiu Transport returns to help us make a trade decision. For example, suppose you find that Yuexiu Transport 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 |
Yuexiu Transport 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 Yuexiu Transport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yuexiu Transport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yuexiu Transport stock over time.
Current vs Lagged Prices |
| Timeline |
Yuexiu Transport Lagged Returns
When evaluating Yuexiu Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yuexiu Transport stock have on its future price. Yuexiu Transport 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, Yuexiu Transport autocorrelation shows the relationship between Yuexiu Transport stock current value and its past values and can show if there is a momentum factor associated with investing in Yuexiu Transport Infrastructure.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yuexiu Stock
Yuexiu Transport financial ratios help investors to determine whether Yuexiu 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 Yuexiu with respect to the benefits of owning Yuexiu Transport security.