Anhui Expressway (Germany) Market Value
| HU7 Stock | EUR 1.27 0.01 0.79% |
| Symbol | Anhui |
Anhui Expressway '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 Anhui Expressway'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 Anhui Expressway.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in Anhui Expressway on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding Anhui Expressway or generate 0.0% return on investment in Anhui Expressway over 330 days. Anhui Expressway is related to or competes with NXP Semiconductors, Fukuyama Transporting, NAGOYA RAILROAD, Magnachip Semiconductor, COPLAND ROAD, and Tower Semiconductor. Anhui Expressway Company Limited constructs, operates, manages, and develops toll roads and associated service sections ... More
Anhui Expressway 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 Anhui Expressway'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 Anhui Expressway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.72 | |||
| Information Ratio | 0.1001 | |||
| Maximum Drawdown | 20.65 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 5.04 |
Anhui Expressway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Expressway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Expressway's standard deviation. In reality, there are many statistical measures that can use Anhui Expressway historical prices to predict the future Anhui Expressway's volatility.| Risk Adjusted Performance | 0.0942 | |||
| Jensen Alpha | 0.3425 | |||
| Total Risk Alpha | 0.2972 | |||
| Sortino Ratio | 0.0904 | |||
| Treynor Ratio | 0.7515 |
Anhui Expressway Backtested Returns
At this point, Anhui Expressway is out of control. Anhui Expressway secures Sharpe Ratio (or Efficiency) of 0.0552, which signifies that the company had a 0.0552% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Anhui Expressway, which you can use to evaluate the volatility of the firm. Please confirm Anhui Expressway's risk adjusted performance of 0.0942, and Mean Deviation of 2.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Anhui Expressway has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Anhui Expressway's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anhui Expressway is expected to be smaller as well. Anhui Expressway right now shows a risk of 3.07%. Please confirm Anhui Expressway information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Anhui Expressway will be following its price patterns.
Auto-correlation | 0.44 |
Average predictability
Anhui Expressway has average predictability. Overlapping area represents the amount of predictability between Anhui Expressway time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 Anhui Expressway price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Anhui Expressway price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Anhui Expressway lagged returns against current returns
Autocorrelation, which is Anhui Expressway 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 Anhui Expressway's stock expected returns. We can calculate the autocorrelation of Anhui Expressway returns to help us make a trade decision. For example, suppose you find that Anhui Expressway 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 |
Anhui Expressway 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 Anhui Expressway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Expressway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Expressway stock over time.
Current vs Lagged Prices |
| Timeline |
Anhui Expressway Lagged Returns
When evaluating Anhui Expressway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Expressway stock have on its future price. Anhui Expressway 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, Anhui Expressway autocorrelation shows the relationship between Anhui Expressway stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Expressway.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Anhui Stock
Anhui Expressway financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Expressway security.