Guangdong Silvere (China) Market Value
| 300221 Stock | 6.75 0.18 2.74% |
| Symbol | Guangdong |
Guangdong Silvere '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 Guangdong Silvere'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 Guangdong Silvere.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Guangdong Silvere on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Guangdong Silvere Sci or generate 0.0% return on investment in Guangdong Silvere over 360 days. Guangdong Silvere is related to or competes with Baoshan Iron, and Hoshine Silicon. Guangdong Silvere is entity of China. It is traded as Stock on SHE exchange. More
Guangdong Silvere 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 Guangdong Silvere'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 Guangdong Silvere Sci upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.11 | |||
| Information Ratio | 0.1093 | |||
| Maximum Drawdown | 28.98 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 6.33 |
Guangdong Silvere Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Silvere's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Silvere's standard deviation. In reality, there are many statistical measures that can use Guangdong Silvere historical prices to predict the future Guangdong Silvere's volatility.| Risk Adjusted Performance | 0.1175 | |||
| Jensen Alpha | 0.5443 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0869 | |||
| Treynor Ratio | 2.64 |
Guangdong Silvere Sci Backtested Returns
Guangdong Silvere appears to be moderately volatile, given 3 months investment horizon. Guangdong Silvere Sci holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Silvere's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Guangdong Silvere's market risk adjusted performance of 2.65, and Risk Adjusted Performance of 0.1175 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangdong Silvere holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangdong Silvere's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangdong Silvere is expected to be smaller as well. Please check Guangdong Silvere'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 Guangdong Silvere's current trending patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Guangdong Silvere Sci has good predictability. Overlapping area represents the amount of predictability between Guangdong Silvere time series from 8th of December 2023 to 5th of June 2024 and 5th of June 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 Guangdong Silvere Sci price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Guangdong Silvere price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Guangdong Silvere Sci lagged returns against current returns
Autocorrelation, which is Guangdong Silvere 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 Guangdong Silvere's stock expected returns. We can calculate the autocorrelation of Guangdong Silvere returns to help us make a trade decision. For example, suppose you find that Guangdong Silvere 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 |
Guangdong Silvere 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 Guangdong Silvere stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Silvere stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Silvere stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Silvere Lagged Returns
When evaluating Guangdong Silvere's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Silvere stock have on its future price. Guangdong Silvere 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, Guangdong Silvere autocorrelation shows the relationship between Guangdong Silvere stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Silvere Sci.
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 Guangdong Stock
Guangdong Silvere financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Silvere security.