China Water (Germany) Market Value
| HAU2 Stock | 0.04 0.00 0.00% |
| Symbol | China |
China Water '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 China Water'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 China Water.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in China Water on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding China Water Industry or generate 0.0% return on investment in China Water over 720 days.
China Water 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 China Water'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 China Water Industry upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 39.26 | |||
| Value At Risk | (11.14) | |||
| Potential Upside | 11.14 |
China Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Water's standard deviation. In reality, there are many statistical measures that can use China Water historical prices to predict the future China Water's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (0.94) |
China Water Industry Backtested Returns
China Water Industry secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. China Water Industry exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Water's Mean Deviation of 4.26, standard deviation of 6.69, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.97, which signifies possible diversification benefits within a given portfolio. China Water returns are very sensitive to returns on the market. As the market goes up or down, China Water is expected to follow. At this point, China Water Industry has a negative expected return of -0.93%. Please make sure to confirm China Water's information ratio, maximum drawdown, and the relationship between the variance and jensen alpha , to decide if China Water Industry performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
China Water Industry has modest predictability. Overlapping area represents the amount of predictability between China Water time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 China Water Industry price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current China Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
China Water Industry lagged returns against current returns
Autocorrelation, which is China Water 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 China Water's stock expected returns. We can calculate the autocorrelation of China Water returns to help us make a trade decision. For example, suppose you find that China Water 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 |
China Water 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 China Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Water stock over time.
Current vs Lagged Prices |
| Timeline |
China Water Lagged Returns
When evaluating China Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Water stock have on its future price. China Water 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, China Water autocorrelation shows the relationship between China Water stock current value and its past values and can show if there is a momentum factor associated with investing in China Water Industry.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for China Stock Analysis
When running China Water's price analysis, check to measure China Water'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 China Water is operating at the current time. Most of China Water's value examination focuses on studying past and present price action to predict the probability of China Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Water's price. Additionally, you may evaluate how the addition of China Water to your portfolios can decrease your overall portfolio volatility.