Guangzhou Seagull (China) Market Value
| 002084 Stock | 3.38 0.07 2.11% |
| Symbol | Guangzhou |
Guangzhou Seagull '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 Guangzhou Seagull'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 Guangzhou Seagull.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Guangzhou Seagull on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Seagull Kitchen or generate 0.0% return on investment in Guangzhou Seagull over 180 days. Guangzhou Seagull is related to or competes with Sunwave Communications, Tongyu Communication, Iat Automobile, Andon Health, Everjoy Health, Songz Automobile, and Railway Signal. Guangzhou Seagull is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Seagull 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 Guangzhou Seagull'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 Guangzhou Seagull Kitchen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.35 | |||
| Information Ratio | 0.1006 | |||
| Maximum Drawdown | 19.18 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 4.62 |
Guangzhou Seagull Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Seagull's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Seagull's standard deviation. In reality, there are many statistical measures that can use Guangzhou Seagull historical prices to predict the future Guangzhou Seagull's volatility.| Risk Adjusted Performance | 0.1181 | |||
| Jensen Alpha | 0.3788 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0939 | |||
| Treynor Ratio | 0.8884 |
Guangzhou Seagull Kitchen Backtested Returns
Guangzhou Seagull appears to be unstable, given 3 months investment horizon. Guangzhou Seagull Kitchen holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of standard deviation over the last 3 months. By evaluating Guangzhou Seagull's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Guangzhou Seagull's market risk adjusted performance of 0.8984, and Risk Adjusted Performance of 0.1181 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Seagull holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangzhou Seagull's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Seagull is expected to be smaller as well. Please check Guangzhou Seagull's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangzhou Seagull's current trending patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Guangzhou Seagull Kitchen has poor predictability. Overlapping area represents the amount of predictability between Guangzhou Seagull time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Guangzhou Seagull Kitchen price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Guangzhou Seagull price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Guangzhou Seagull Kitchen lagged returns against current returns
Autocorrelation, which is Guangzhou Seagull 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 Guangzhou Seagull's stock expected returns. We can calculate the autocorrelation of Guangzhou Seagull returns to help us make a trade decision. For example, suppose you find that Guangzhou Seagull 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 |
Guangzhou Seagull 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 Guangzhou Seagull stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Seagull stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Seagull stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Seagull Lagged Returns
When evaluating Guangzhou Seagull's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Seagull stock have on its future price. Guangzhou Seagull 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, Guangzhou Seagull autocorrelation shows the relationship between Guangzhou Seagull stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Seagull Kitchen.
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 Guangzhou Stock
Guangzhou Seagull financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Seagull security.