RADIANCE HLDGS's market value is the price at which a share of RADIANCE HLDGS trades on a public exchange. It measures the collective expectations of RADIANCE HLDGS GRPHD 01 investors about its performance. RADIANCE HLDGS is trading at 0.32 as of the 11th of January 2025. This is a 3.03% down since the beginning of the trading day. The stock's lowest day price was 0.32. With this module, you can estimate the performance of a buy and hold strategy of RADIANCE HLDGS GRPHD 01 and determine expected loss or profit from investing in RADIANCE HLDGS over a given investment horizon. Check out RADIANCE HLDGS Correlation, RADIANCE HLDGS Volatility and RADIANCE HLDGS Alpha and Beta module to complement your research on RADIANCE HLDGS.
Please note, there is a significant difference between RADIANCE HLDGS's value and its price as these two are different measures arrived at by different means. Investors typically determine if RADIANCE HLDGS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RADIANCE HLDGS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
RADIANCE HLDGS '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 RADIANCE HLDGS'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 RADIANCE HLDGS.
0.00
06/15/2024
No Change 0.00
0.0
In 6 months and 30 days
01/11/2025
0.00
If you would invest 0.00 in RADIANCE HLDGS on June 15, 2024 and sell it all today you would earn a total of 0.00 from holding RADIANCE HLDGS GRPHD 01 or generate 0.0% return on investment in RADIANCE HLDGS over 210 days. RADIANCE HLDGS is related to or competes with Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, Identiv, and INTUITIVE SURGICAL. Radiance Holdings Company Limited operates as a real estate development company in China More
RADIANCE HLDGS 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 RADIANCE HLDGS'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 RADIANCE HLDGS GRPHD 01 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for RADIANCE HLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RADIANCE HLDGS's standard deviation. In reality, there are many statistical measures that can use RADIANCE HLDGS historical prices to predict the future RADIANCE HLDGS's volatility.
RADIANCE HLDGS GRPHD maintains Sharpe Ratio (i.e., Efficiency) of -0.0783, which implies the company had a -0.0783% return per unit of volatility over the last 3 months. RADIANCE HLDGS GRPHD exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RADIANCE HLDGS's market risk adjusted performance of (0.63), and Variance of 34.85 to confirm the risk estimate we provide. The firm holds a Beta of 0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RADIANCE HLDGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding RADIANCE HLDGS is expected to be smaller as well. At this point, RADIANCE HLDGS GRPHD has a negative expected return of -0.4%. Please make sure to check RADIANCE HLDGS's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if RADIANCE HLDGS GRPHD performance from the past will be repeated in the future.
Auto-correlation
0.52
Modest predictability
RADIANCE HLDGS GRPHD 01 has modest predictability. Overlapping area represents the amount of predictability between RADIANCE HLDGS time series from 15th of June 2024 to 28th of September 2024 and 28th of September 2024 to 11th 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 RADIANCE HLDGS GRPHD price movement. The serial correlation of 0.52 indicates that about 52.0% of current RADIANCE HLDGS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.52
Spearman Rank Test
0.43
Residual Average
0.0
Price Variance
0.0
RADIANCE HLDGS GRPHD lagged returns against current returns
Autocorrelation, which is RADIANCE HLDGS 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 RADIANCE HLDGS's stock expected returns. We can calculate the autocorrelation of RADIANCE HLDGS returns to help us make a trade decision. For example, suppose you find that RADIANCE HLDGS 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
RADIANCE HLDGS 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 RADIANCE HLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RADIANCE HLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RADIANCE HLDGS stock over time.
Current vs Lagged Prices
Timeline
RADIANCE HLDGS Lagged Returns
When evaluating RADIANCE HLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RADIANCE HLDGS stock have on its future price. RADIANCE HLDGS 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, RADIANCE HLDGS autocorrelation shows the relationship between RADIANCE HLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in RADIANCE HLDGS GRPHD 01.
RADIANCE HLDGS financial ratios help investors to determine whether RADIANCE 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 RADIANCE with respect to the benefits of owning RADIANCE HLDGS security.