Huaneng Power (Germany) Market Value
| HUP1 Stock | EUR 0.51 0.01 2.00% |
| Symbol | Huaneng |
Huaneng Power '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 Huaneng Power'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 Huaneng Power.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Huaneng Power on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Huaneng Power International or generate 0.0% return on investment in Huaneng Power over 30 days. Huaneng Power is related to or competes with Orsted AS, EDP Renovveis, CGN Power, Power Assets, China Resources, and NRG Energy. Huaneng Power International, Inc., through its subsidiaries, generates and sells electricity and heat to the regional or... More
Huaneng Power 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 Huaneng Power'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 Huaneng Power International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 16.77 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 5.56 |
Huaneng Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huaneng Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huaneng Power's standard deviation. In reality, there are many statistical measures that can use Huaneng Power historical prices to predict the future Huaneng Power's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.1459 | |||
| Total Risk Alpha | 0.074 | |||
| Sortino Ratio | 0.0373 | |||
| Treynor Ratio | 0.3424 |
Huaneng Power Intern Backtested Returns
At this point, Huaneng Power is abnormally volatile. Huaneng Power Intern holds Efficiency (Sharpe) Ratio of 0.0247, which attests that the entity had a 0.0247% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Huaneng Power Intern, which you can use to evaluate the volatility of the firm. Please check out Huaneng Power's risk adjusted performance of 0.0522, and Market Risk Adjusted Performance of 0.3524 to validate if the risk estimate we provide is consistent with the expected return of 0.0704%. Huaneng Power has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Huaneng Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Huaneng Power is expected to be smaller as well. Huaneng Power Intern right now retains a risk of 2.84%. Please check out Huaneng Power market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Huaneng Power will be following its current trending patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Huaneng Power International has very good reverse predictability. Overlapping area represents the amount of predictability between Huaneng Power time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Huaneng Power Intern price movement. The serial correlation of -0.67 indicates that around 67.0% of current Huaneng Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Huaneng Power Intern lagged returns against current returns
Autocorrelation, which is Huaneng Power 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 Huaneng Power's stock expected returns. We can calculate the autocorrelation of Huaneng Power returns to help us make a trade decision. For example, suppose you find that Huaneng Power 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 |
Huaneng Power 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 Huaneng Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huaneng Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huaneng Power stock over time.
Current vs Lagged Prices |
| Timeline |
Huaneng Power Lagged Returns
When evaluating Huaneng Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huaneng Power stock have on its future price. Huaneng Power 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, Huaneng Power autocorrelation shows the relationship between Huaneng Power stock current value and its past values and can show if there is a momentum factor associated with investing in Huaneng Power International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Huaneng Stock
Huaneng Power financial ratios help investors to determine whether Huaneng 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 Huaneng with respect to the benefits of owning Huaneng Power security.