Guangzhou Shangpin's market value is the price at which a share of Guangzhou Shangpin trades on a public exchange. It measures the collective expectations of Guangzhou Shangpin Home investors about its performance. Guangzhou Shangpin is trading at 14.42 as of the 6th of December 2024, a 0.35 percent decrease since the beginning of the trading day. The stock's open price was 14.47. With this module, you can estimate the performance of a buy and hold strategy of Guangzhou Shangpin Home and determine expected loss or profit from investing in Guangzhou Shangpin over a given investment horizon. Check out Guangzhou Shangpin Correlation, Guangzhou Shangpin Volatility and Guangzhou Shangpin Alpha and Beta module to complement your research on Guangzhou Shangpin.
Please note, there is a significant difference between Guangzhou Shangpin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guangzhou Shangpin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guangzhou Shangpin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Guangzhou Shangpin '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 Guangzhou Shangpin'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 Guangzhou Shangpin.
0.00
12/17/2022
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/06/2024
0.00
If you would invest 0.00 in Guangzhou Shangpin on December 17, 2022 and sell it all today you would earn a total of 0.00 from holding Guangzhou Shangpin Home or generate 0.0% return on investment in Guangzhou Shangpin over 720 days. Guangzhou Shangpin is related to or competes with Huafa Industrial, Contemporary Amperex, Gansu Jiu, Shandong Mining, Aba Chemicals, BlueFocus Communication, and Dongguan Chitwing. Guangzhou Shangpin is entity of China. It is traded as Stock on SHE exchange. More
Guangzhou Shangpin 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 Guangzhou Shangpin'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 Guangzhou Shangpin Home upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Shangpin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Shangpin's standard deviation. In reality, there are many statistical measures that can use Guangzhou Shangpin historical prices to predict the future Guangzhou Shangpin's volatility.
Guangzhou Shangpin appears to be somewhat reliable, given 3 months investment horizon. Guangzhou Shangpin Home 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 Guangzhou Shangpin's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please utilize Guangzhou Shangpin's risk adjusted performance of 0.117, and Market Risk Adjusted Performance of 7.36 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Shangpin holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.0938, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guangzhou Shangpin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Shangpin is expected to be smaller as well. Please check Guangzhou Shangpin's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Guangzhou Shangpin's current trending patterns will revert.
Auto-correlation
0.15
Insignificant predictability
Guangzhou Shangpin Home has insignificant predictability. Overlapping area represents the amount of predictability between Guangzhou Shangpin time series from 17th of December 2022 to 12th of December 2023 and 12th of December 2023 to 6th 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 Guangzhou Shangpin Home price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Guangzhou Shangpin price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.27
Residual Average
0.0
Price Variance
4.14
Guangzhou Shangpin Home lagged returns against current returns
Autocorrelation, which is Guangzhou Shangpin 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 Guangzhou Shangpin's stock expected returns. We can calculate the autocorrelation of Guangzhou Shangpin returns to help us make a trade decision. For example, suppose you find that Guangzhou Shangpin 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
Guangzhou Shangpin 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 Guangzhou Shangpin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Shangpin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Shangpin stock over time.
Current vs Lagged Prices
Timeline
Guangzhou Shangpin Lagged Returns
When evaluating Guangzhou Shangpin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Shangpin stock have on its future price. Guangzhou Shangpin 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, Guangzhou Shangpin autocorrelation shows the relationship between Guangzhou Shangpin stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Shangpin Home.
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.
Guangzhou Shangpin financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Shangpin security.