Guangzhou Shangpin (China) Market Value

300616 Stock   14.47  0.48  3.21%   
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 14.47 as of the 5th of December 2024, a 3.21 percent decrease since the beginning of the trading day. The stock's open price was 14.95.
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.
Symbol

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
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Guangzhou Shangpin on November 5, 2024 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 30 days. Guangzhou Shangpin is related to or competes with Vontron Technology, Jiangsu Jinling, Hubei Forbon, Peoples Insurance, Dongguan Aohai, Tonghua Grape, and Anhui Gujing. 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.

Guangzhou Shangpin Market Risk Indicators

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.
Hype
Prediction
LowEstimatedHigh
11.6216.6121.60
Details
Intrinsic
Valuation
LowRealHigh
8.2113.2018.19
Details
Naive
Forecast
LowNextHigh
9.2714.2619.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.030.030.03
Details

Guangzhou Shangpin Home Backtested Returns

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 0.82% 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

    
  -0.48  

Modest reverse predictability

Guangzhou Shangpin Home has modest reverse predictability. Overlapping area represents the amount of predictability between Guangzhou Shangpin time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 -0.48 indicates that about 48.0% of current Guangzhou Shangpin price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.08
Residual Average0.0
Price Variance0.33

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  

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Other Information on Investing in Guangzhou Stock

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.