GANGLONG CHINA (Germany) Market Value
| 52J Stock | EUR 0.01 0.0005 5.88% |
| Symbol | GANGLONG |
GANGLONG CHINA '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 GANGLONG CHINA'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 GANGLONG CHINA.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in GANGLONG CHINA on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding GANGLONG CHINA PRGRLTD or generate 0.0% return on investment in GANGLONG CHINA over 720 days. GANGLONG CHINA is related to or competes with China Resources, DEUTSCHE WOHNEN, CTP NV, SEAZEN GROUP, and Atrium Ljungberg. Ganglong China Property Group Limited, an investment holding company, engages in the development of real estate projects... More
GANGLONG CHINA 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 GANGLONG CHINA'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 GANGLONG CHINA PRGRLTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.35 | |||
| Information Ratio | 0.1381 | |||
| Maximum Drawdown | 202.05 | |||
| Value At Risk | (41.77) | |||
| Potential Upside | 103.13 |
GANGLONG CHINA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GANGLONG CHINA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GANGLONG CHINA's standard deviation. In reality, there are many statistical measures that can use GANGLONG CHINA historical prices to predict the future GANGLONG CHINA's volatility.| Risk Adjusted Performance | 0.1199 | |||
| Jensen Alpha | 4.6 | |||
| Total Risk Alpha | 3.73 | |||
| Sortino Ratio | 0.2083 | |||
| Treynor Ratio | 1.29 |
GANGLONG CHINA PRGRLTD Backtested Returns
GANGLONG CHINA is out of control given 3 months investment horizon. GANGLONG CHINA PRGRLTD holds Efficiency (Sharpe) Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.47% are justified by taking the suggested risk. Use GANGLONG CHINA PRGRLTD semi deviation of 16.54, and Downside Deviation of 22.35 to evaluate company specific risk that cannot be diversified away. GANGLONG CHINA holds a performance score of 10 on a scale of zero to a hundred. The firm retains a Market Volatility (i.e., Beta) of 3.61, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, GANGLONG CHINA will likely underperform. Use GANGLONG CHINA PRGRLTD downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on GANGLONG CHINA PRGRLTD.
Auto-correlation | -0.27 |
Weak reverse predictability
GANGLONG CHINA PRGRLTD has weak reverse predictability. Overlapping area represents the amount of predictability between GANGLONG CHINA time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 GANGLONG CHINA PRGRLTD price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current GANGLONG CHINA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GANGLONG CHINA PRGRLTD lagged returns against current returns
Autocorrelation, which is GANGLONG CHINA 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 GANGLONG CHINA's stock expected returns. We can calculate the autocorrelation of GANGLONG CHINA returns to help us make a trade decision. For example, suppose you find that GANGLONG CHINA 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 |
GANGLONG CHINA 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 GANGLONG CHINA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GANGLONG CHINA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GANGLONG CHINA stock over time.
Current vs Lagged Prices |
| Timeline |
GANGLONG CHINA Lagged Returns
When evaluating GANGLONG CHINA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GANGLONG CHINA stock have on its future price. GANGLONG CHINA 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, GANGLONG CHINA autocorrelation shows the relationship between GANGLONG CHINA stock current value and its past values and can show if there is a momentum factor associated with investing in GANGLONG CHINA PRGRLTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in GANGLONG Stock
GANGLONG CHINA financial ratios help investors to determine whether GANGLONG 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 GANGLONG with respect to the benefits of owning GANGLONG CHINA security.