Huayi Brothers (China) Market Value
| 300027 Stock | 3.41 0.09 2.71% |
| Symbol | Huayi |
Huayi Brothers '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 Huayi Brothers' 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 Huayi Brothers.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Huayi Brothers on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Huayi Brothers Media or generate 0.0% return on investment in Huayi Brothers over 60 days. Huayi Brothers is related to or competes with China State, Poly Real, China Vanke, China Merchants, Huafa Industrial, China International, and Kweichow Moutai. Huayi Brothers is entity of China. It is traded as Stock on SHE exchange. More
Huayi Brothers 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 Huayi Brothers' 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 Huayi Brothers Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.33 | |||
| Information Ratio | 0.1081 | |||
| Maximum Drawdown | 38.98 | |||
| Value At Risk | (6.62) | |||
| Potential Upside | 9.25 |
Huayi Brothers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huayi Brothers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huayi Brothers' standard deviation. In reality, there are many statistical measures that can use Huayi Brothers historical prices to predict the future Huayi Brothers' volatility.| Risk Adjusted Performance | 0.1072 | |||
| Jensen Alpha | 0.5871 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1215 | |||
| Treynor Ratio | 0.4974 |
Huayi Brothers Media Backtested Returns
Huayi Brothers is very risky given 3 months investment horizon. Huayi Brothers Media holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of standard deviation over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Huayi Brothers Media risk adjusted performance of 0.1072, and Market Risk Adjusted Performance of 0.5074 to evaluate company specific risk that cannot be diversified away. Huayi Brothers holds a performance score of 14 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.53, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Huayi Brothers will likely underperform. Use Huayi Brothers Media market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Huayi Brothers Media.
Auto-correlation | -0.67 |
Very good reverse predictability
Huayi Brothers Media has very good reverse predictability. Overlapping area represents the amount of predictability between Huayi Brothers time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Huayi Brothers Media price movement. The serial correlation of -0.67 indicates that around 67.0% of current Huayi Brothers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Huayi Brothers Media lagged returns against current returns
Autocorrelation, which is Huayi Brothers 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 Huayi Brothers' stock expected returns. We can calculate the autocorrelation of Huayi Brothers returns to help us make a trade decision. For example, suppose you find that Huayi Brothers 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 |
Huayi Brothers 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 Huayi Brothers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huayi Brothers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huayi Brothers stock over time.
Current vs Lagged Prices |
| Timeline |
Huayi Brothers Lagged Returns
When evaluating Huayi Brothers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huayi Brothers stock have on its future price. Huayi Brothers 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, Huayi Brothers autocorrelation shows the relationship between Huayi Brothers stock current value and its past values and can show if there is a momentum factor associated with investing in Huayi Brothers Media.
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 Huayi Stock
Huayi Brothers financial ratios help investors to determine whether Huayi 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 Huayi with respect to the benefits of owning Huayi Brothers security.