Huaneng Lancang (China) Market Value
| 600025 Stock | 9.67 0.11 1.15% |
| Symbol | Huaneng |
Huaneng Lancang '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 Huaneng Lancang'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 Huaneng Lancang.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Huaneng Lancang on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Huaneng Lancang River or generate 0.0% return on investment in Huaneng Lancang over 390 days. Huaneng Lancang is related to or competes with Unisplendour Corp, Metro Investment, Nuode Investment, Harbin Hatou, Kunwu Jiuding, Jointo Energy, and Ningbo Tech. Huaneng Lancang is entity of China. It is traded as Stock on SHG exchange. More
Huaneng Lancang 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 Huaneng Lancang'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 Huaneng Lancang River upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 2.17 |
Huaneng Lancang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huaneng Lancang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huaneng Lancang's standard deviation. In reality, there are many statistical measures that can use Huaneng Lancang historical prices to predict the future Huaneng Lancang's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 2.35 |
Huaneng Lancang River Backtested Returns
Huaneng Lancang River holds Efficiency (Sharpe) Ratio of -0.0635, which attests that the entity had a -0.0635% return per unit of standard deviation over the last 3 months. Huaneng Lancang River exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Huaneng Lancang's market risk adjusted performance of 2.36, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0694, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Huaneng Lancang are expected to decrease at a much lower rate. During the bear market, Huaneng Lancang is likely to outperform the market. At this point, Huaneng Lancang River has a negative expected return of -0.11%. Please make sure to check out Huaneng Lancang's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Huaneng Lancang River performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Huaneng Lancang River has good reverse predictability. Overlapping area represents the amount of predictability between Huaneng Lancang time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Huaneng Lancang River price movement. The serial correlation of -0.54 indicates that about 54.0% of current Huaneng Lancang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Huaneng Lancang River lagged returns against current returns
Autocorrelation, which is Huaneng Lancang 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 Huaneng Lancang's stock expected returns. We can calculate the autocorrelation of Huaneng Lancang returns to help us make a trade decision. For example, suppose you find that Huaneng Lancang 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 |
Huaneng Lancang 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 Huaneng Lancang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huaneng Lancang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huaneng Lancang stock over time.
Current vs Lagged Prices |
| Timeline |
Huaneng Lancang Lagged Returns
When evaluating Huaneng Lancang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huaneng Lancang stock have on its future price. Huaneng Lancang 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, Huaneng Lancang autocorrelation shows the relationship between Huaneng Lancang stock current value and its past values and can show if there is a momentum factor associated with investing in Huaneng Lancang River.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Huaneng Stock
Huaneng Lancang financial ratios help investors to determine whether Huaneng 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 Huaneng with respect to the benefits of owning Huaneng Lancang security.