GuoChuang Software (China) Market Value
| 300520 Stock | 25.71 0.66 2.63% |
| Symbol | GuoChuang |
GuoChuang Software '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 GuoChuang Software'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 GuoChuang Software.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in GuoChuang Software on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding GuoChuang Software Co or generate 0.0% return on investment in GuoChuang Software over 690 days. GuoChuang Software is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, and Beijing Roborock. GuoChuang Software is entity of China. It is traded as Stock on SHE exchange. More
GuoChuang Software 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 GuoChuang Software'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 GuoChuang Software Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.4 | |||
| Information Ratio | 0.1458 | |||
| Maximum Drawdown | 29.89 | |||
| Value At Risk | (7.00) | |||
| Potential Upside | 9.75 |
GuoChuang Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GuoChuang Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GuoChuang Software's standard deviation. In reality, there are many statistical measures that can use GuoChuang Software historical prices to predict the future GuoChuang Software's volatility.| Risk Adjusted Performance | 0.1377 | |||
| Jensen Alpha | 0.8947 | |||
| Total Risk Alpha | 0.0891 | |||
| Sortino Ratio | 0.1834 | |||
| Treynor Ratio | 3.85 |
GuoChuang Software Backtested Returns
GuoChuang Software is somewhat reliable given 3 months investment horizon. GuoChuang Software holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use GuoChuang Software Co Downside Deviation of 4.4, market risk adjusted performance of 3.86, and Risk Adjusted Performance of 0.1377 to evaluate company specific risk that cannot be diversified away. GuoChuang Software holds a performance score of 16 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GuoChuang Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding GuoChuang Software is expected to be smaller as well. Use GuoChuang Software Co information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on GuoChuang Software Co.
Auto-correlation | 0.07 |
Virtually no predictability
GuoChuang Software Co has virtually no predictability. Overlapping area represents the amount of predictability between GuoChuang Software time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 GuoChuang Software price movement. The serial correlation of 0.07 indicates that barely 7.0% of current GuoChuang Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 10.75 |
GuoChuang Software lagged returns against current returns
Autocorrelation, which is GuoChuang Software 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 GuoChuang Software's stock expected returns. We can calculate the autocorrelation of GuoChuang Software returns to help us make a trade decision. For example, suppose you find that GuoChuang Software 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 |
GuoChuang Software 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 GuoChuang Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GuoChuang Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GuoChuang Software stock over time.
Current vs Lagged Prices |
| Timeline |
GuoChuang Software Lagged Returns
When evaluating GuoChuang Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GuoChuang Software stock have on its future price. GuoChuang Software 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, GuoChuang Software autocorrelation shows the relationship between GuoChuang Software stock current value and its past values and can show if there is a momentum factor associated with investing in GuoChuang Software Co.
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 GuoChuang Stock
GuoChuang Software financial ratios help investors to determine whether GuoChuang 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 GuoChuang with respect to the benefits of owning GuoChuang Software security.