Hunan Investment (China) Market Value
| 000548 Stock | 5.60 0.09 1.58% |
| Symbol | Hunan |
Hunan Investment '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 Hunan Investment'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 Hunan Investment.
| 11/26/2023 |
| 12/20/2024 |
If you would invest 0.00 in Hunan Investment on November 26, 2023 and sell it all today you would earn a total of 0.00 from holding Hunan Investment Group or generate 0.0% return on investment in Hunan Investment over 390 days. Hunan Investment is related to or competes with Kweichow Moutai, Jiangsu Pacific, Shenzhen Transsion, Beijing Roborock, Luzhou Lao, Central China, and Contemporary Amperex. Hunan Investment is entity of China. It is traded as Stock on SHE exchange. More
Hunan Investment 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 Hunan Investment'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 Hunan Investment Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | 0.1538 | |||
| Maximum Drawdown | 19.83 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 7.0 |
Hunan Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hunan Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hunan Investment's standard deviation. In reality, there are many statistical measures that can use Hunan Investment historical prices to predict the future Hunan Investment's volatility.| Risk Adjusted Performance | 0.1377 | |||
| Jensen Alpha | 0.5253 | |||
| Total Risk Alpha | 0.4341 | |||
| Sortino Ratio | 0.1663 | |||
| Treynor Ratio | 1.99 |
Hunan Investment Backtested Returns
Hunan Investment appears to be slightly risky, given 3 months investment horizon. Hunan Investment holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Hunan Investment's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Hunan Investment's Market Risk Adjusted Performance of 2.0, downside deviation of 3.06, and Risk Adjusted Performance of 0.1377 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hunan Investment holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hunan Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hunan Investment is expected to be smaller as well. Please check Hunan Investment's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Hunan Investment's current trending patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Hunan Investment Group has modest reverse predictability. Overlapping area represents the amount of predictability between Hunan Investment time series from 26th of November 2023 to 8th of June 2024 and 8th of June 2024 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 Hunan Investment price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Hunan Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Hunan Investment lagged returns against current returns
Autocorrelation, which is Hunan Investment 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 Hunan Investment's stock expected returns. We can calculate the autocorrelation of Hunan Investment returns to help us make a trade decision. For example, suppose you find that Hunan Investment 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 |
Hunan Investment 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 Hunan Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hunan Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hunan Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Hunan Investment Lagged Returns
When evaluating Hunan Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hunan Investment stock have on its future price. Hunan Investment 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, Hunan Investment autocorrelation shows the relationship between Hunan Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Hunan Investment Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hunan Stock
Hunan Investment financial ratios help investors to determine whether Hunan 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 Hunan with respect to the benefits of owning Hunan Investment security.