Haier Smart Home Stock Market Value
| QIHCF Stock | USD 1.59 0.00 0.00% |
| Symbol | Haier |
Haier Smart '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 Haier Smart's pink sheet 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 Haier Smart.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Haier Smart on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Haier Smart Home or generate 0.0% return on investment in Haier Smart over 90 days. Haier Smart is related to or competes with Sleep Number, Lovesac, MillerKnoll, and Whirlpool. Haier Smart Home Co., Ltd. manufactures and distributes home appliances in Mainland China, the United States, Australia,... More
Haier Smart 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 Haier Smart's pink sheet 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 Haier Smart Home upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0166 | |||
| Maximum Drawdown | 55.36 |
Haier Smart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haier Smart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haier Smart's standard deviation. In reality, there are many statistical measures that can use Haier Smart historical prices to predict the future Haier Smart's volatility.| Risk Adjusted Performance | 0.005 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.5829 | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Haier Smart's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Haier Smart Home Backtested Returns
Haier Smart Home holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Haier Smart Home exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Haier Smart's Market Risk Adjusted Performance of (0.12), standard deviation of 4.88, and Risk Adjusted Performance of 0.005 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haier Smart's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haier Smart is expected to be smaller as well. At this point, Haier Smart Home has a negative expected return of -0.0197%. Please make sure to check out Haier Smart's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Haier Smart Home performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Haier Smart Home has modest reverse predictability. Overlapping area represents the amount of predictability between Haier Smart time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Haier Smart Home price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Haier Smart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Haier Smart Home lagged returns against current returns
Autocorrelation, which is Haier Smart pink sheet'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 Haier Smart's pink sheet expected returns. We can calculate the autocorrelation of Haier Smart returns to help us make a trade decision. For example, suppose you find that Haier Smart has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Haier Smart 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 Haier Smart pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haier Smart pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haier Smart pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Haier Smart Lagged Returns
When evaluating Haier Smart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haier Smart pink sheet have on its future price. Haier Smart 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, Haier Smart autocorrelation shows the relationship between Haier Smart pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Haier Smart Home.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Haier Pink Sheet
Haier Smart financial ratios help investors to determine whether Haier Pink Sheet 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 Haier with respect to the benefits of owning Haier Smart security.