Anhui Huaren (China) Market Value

301408 Stock   12.39  0.23  1.89%   
Anhui Huaren's market value is the price at which a share of Anhui Huaren trades on a public exchange. It measures the collective expectations of Anhui Huaren Health investors about its performance. Anhui Huaren is trading at 12.39 as of the 2nd of December 2024, a 1.89% up since the beginning of the trading day. The stock's open price was 12.16.
With this module, you can estimate the performance of a buy and hold strategy of Anhui Huaren Health and determine expected loss or profit from investing in Anhui Huaren over a given investment horizon. Check out Anhui Huaren Correlation, Anhui Huaren Volatility and Anhui Huaren Alpha and Beta module to complement your research on Anhui Huaren.
Symbol

Please note, there is a significant difference between Anhui Huaren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anhui Huaren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anhui Huaren'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.

Anhui Huaren '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 Anhui Huaren'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 Anhui Huaren.
0.00
12/08/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/02/2024
0.00
If you would invest  0.00  in Anhui Huaren on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Anhui Huaren Health or generate 0.0% return on investment in Anhui Huaren over 360 days. Anhui Huaren is related to or competes with Beijing Wantai, Aluminum Corp, COL Digital, Shaanxi Meineng, Gansu Huangtai, and Threes Company. Anhui Huaren is entity of China. It is traded as Stock on SHE exchange. More

Anhui Huaren 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 Anhui Huaren'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 Anhui Huaren Health upside and downside potential and time the market with a certain degree of confidence.

Anhui Huaren Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Anhui Huaren's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anhui Huaren's standard deviation. In reality, there are many statistical measures that can use Anhui Huaren historical prices to predict the future Anhui Huaren's volatility.
Hype
Prediction
LowEstimatedHigh
8.1412.3616.58
Details
Intrinsic
Valuation
LowRealHigh
5.8010.0214.24
Details
Naive
Forecast
LowNextHigh
7.6811.9016.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.0012.2513.49
Details

Anhui Huaren Health Backtested Returns

Anhui Huaren appears to be somewhat reliable, given 3 months investment horizon. Anhui Huaren Health secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Anhui Huaren Health, which you can use to evaluate the volatility of the firm. Please makes use of Anhui Huaren's mean deviation of 2.83, and Risk Adjusted Performance of 0.0781 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Anhui Huaren holds a performance score of 8. The firm shows a Beta (market volatility) of 0.0375, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Anhui Huaren's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anhui Huaren is expected to be smaller as well. Please check Anhui Huaren'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 Anhui Huaren's price patterns will revert.

Auto-correlation

    
  -0.25  

Weak reverse predictability

Anhui Huaren Health has weak reverse predictability. Overlapping area represents the amount of predictability between Anhui Huaren 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 Anhui Huaren Health price movement. The serial correlation of -0.25 indicates that over 25.0% of current Anhui Huaren price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test-0.61
Residual Average0.0
Price Variance1.05

Anhui Huaren Health lagged returns against current returns

Autocorrelation, which is Anhui Huaren 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 Anhui Huaren's stock expected returns. We can calculate the autocorrelation of Anhui Huaren returns to help us make a trade decision. For example, suppose you find that Anhui Huaren 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  

Anhui Huaren 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 Anhui Huaren stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anhui Huaren stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anhui Huaren stock over time.
   Current vs Lagged Prices   
       Timeline  

Anhui Huaren Lagged Returns

When evaluating Anhui Huaren's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anhui Huaren stock have on its future price. Anhui Huaren 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, Anhui Huaren autocorrelation shows the relationship between Anhui Huaren stock current value and its past values and can show if there is a momentum factor associated with investing in Anhui Huaren Health.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Anhui Stock

Anhui Huaren financial ratios help investors to determine whether Anhui 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 Anhui with respect to the benefits of owning Anhui Huaren security.