Guilin Seamild (China) Market Value
| 002956 Stock | 14.56 0.37 2.61% |
| Symbol | Guilin |
Guilin Seamild '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 Guilin Seamild'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 Guilin Seamild.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Guilin Seamild on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Guilin Seamild Foods or generate 0.0% return on investment in Guilin Seamild over 360 days. Guilin Seamild is related to or competes with Nanjing Putian, Shenzhen Hifuture, Tianjin Realty, Shenyang Huitian, Jiangsu Xinning, and Hubei Geoway. Guilin Seamild is entity of China. It is traded as Stock on SHE exchange. More
Guilin Seamild 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 Guilin Seamild'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 Guilin Seamild Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.58 | |||
| Information Ratio | 0.0348 | |||
| Maximum Drawdown | 16.47 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 5.35 |
Guilin Seamild Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guilin Seamild's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guilin Seamild's standard deviation. In reality, there are many statistical measures that can use Guilin Seamild historical prices to predict the future Guilin Seamild's volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 0.135 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0375 | |||
| Treynor Ratio | 0.3198 |
Guilin Seamild Foods Backtested Returns
Guilin Seamild appears to be not too volatile, given 3 months investment horizon. Guilin Seamild Foods holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Guilin Seamild's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Guilin Seamild's Downside Deviation of 2.58, risk adjusted performance of 0.0717, and Market Risk Adjusted Performance of 0.3298 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guilin Seamild holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guilin Seamild's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guilin Seamild is expected to be smaller as well. Please check Guilin Seamild's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guilin Seamild's current trending patterns will revert.
Auto-correlation | 0.44 |
Average predictability
Guilin Seamild Foods has average predictability. Overlapping area represents the amount of predictability between Guilin Seamild time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 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 Guilin Seamild Foods price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Guilin Seamild price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Guilin Seamild Foods lagged returns against current returns
Autocorrelation, which is Guilin Seamild 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 Guilin Seamild's stock expected returns. We can calculate the autocorrelation of Guilin Seamild returns to help us make a trade decision. For example, suppose you find that Guilin Seamild 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 |
Guilin Seamild 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 Guilin Seamild stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guilin Seamild stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guilin Seamild stock over time.
Current vs Lagged Prices |
| Timeline |
Guilin Seamild Lagged Returns
When evaluating Guilin Seamild's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guilin Seamild stock have on its future price. Guilin Seamild 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, Guilin Seamild autocorrelation shows the relationship between Guilin Seamild stock current value and its past values and can show if there is a momentum factor associated with investing in Guilin Seamild Foods.
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 Guilin Stock
Guilin Seamild financial ratios help investors to determine whether Guilin 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 Guilin with respect to the benefits of owning Guilin Seamild security.