Tianshui Huatian (China) Market Value
| 002185 Stock | 11.84 0.14 1.20% |
| Symbol | Tianshui |
Tianshui Huatian '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 Tianshui Huatian'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 Tianshui Huatian.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Tianshui Huatian on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Tianshui Huatian Technology or generate 0.0% return on investment in Tianshui Huatian over 720 days. Tianshui Huatian is related to or competes with Industrial, Kweichow Moutai, Agricultural Bank, China Mobile, PetroChina, China Construction, and Bank of China. Tianshui Huatian is entity of China. It is traded as Stock on SHE exchange. More
Tianshui Huatian 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 Tianshui Huatian'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 Tianshui Huatian Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.19 | |||
| Information Ratio | 0.1519 | |||
| Maximum Drawdown | 19.99 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 8.1 |
Tianshui Huatian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tianshui Huatian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tianshui Huatian's standard deviation. In reality, there are many statistical measures that can use Tianshui Huatian historical prices to predict the future Tianshui Huatian's volatility.| Risk Adjusted Performance | 0.1516 | |||
| Jensen Alpha | 0.6974 | |||
| Total Risk Alpha | 0.0702 | |||
| Sortino Ratio | 0.1824 | |||
| Treynor Ratio | 7.64 |
Tianshui Huatian Tec Backtested Returns
Tianshui Huatian appears to be somewhat reliable, given 3 months investment horizon. Tianshui Huatian Tec owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Tianshui Huatian's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please review Tianshui Huatian's Semi Deviation of 2.66, risk adjusted performance of 0.1516, and Coefficient Of Variation of 532.28 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tianshui Huatian holds a performance score of 15. The entity has a beta of 0.0928, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tianshui Huatian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tianshui Huatian is expected to be smaller as well. Please check Tianshui Huatian's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Tianshui Huatian's existing price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Tianshui Huatian Technology has insignificant reverse predictability. Overlapping area represents the amount of predictability between Tianshui Huatian time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Tianshui Huatian Tec price movement. The serial correlation of -0.18 indicates that over 18.0% of current Tianshui Huatian price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
Tianshui Huatian Tec lagged returns against current returns
Autocorrelation, which is Tianshui Huatian 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 Tianshui Huatian's stock expected returns. We can calculate the autocorrelation of Tianshui Huatian returns to help us make a trade decision. For example, suppose you find that Tianshui Huatian 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 |
Tianshui Huatian 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 Tianshui Huatian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tianshui Huatian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tianshui Huatian stock over time.
Current vs Lagged Prices |
| Timeline |
Tianshui Huatian Lagged Returns
When evaluating Tianshui Huatian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tianshui Huatian stock have on its future price. Tianshui Huatian 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, Tianshui Huatian autocorrelation shows the relationship between Tianshui Huatian stock current value and its past values and can show if there is a momentum factor associated with investing in Tianshui Huatian Technology.
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 Tianshui Stock
Tianshui Huatian financial ratios help investors to determine whether Tianshui 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 Tianshui with respect to the benefits of owning Tianshui Huatian security.