Guangzhou Restaurants (China) Market Value
| 603043 Stock | 16.08 0.12 0.74% |
| Symbol | Guangzhou |
Guangzhou Restaurants '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 Restaurants' 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 Restaurants.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Guangzhou Restaurants on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Guangzhou Restaurants Group or generate 0.0% return on investment in Guangzhou Restaurants over 570 days. Guangzhou Restaurants is related to or competes with Chinese Universe, Qingdao Foods, HaiXin Foods, Xiamen Jihong, Shantou Wanshun, Ligao Foods, and Guangdong Wens. Guangzhou Restaurants is entity of China More
Guangzhou Restaurants 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 Restaurants' 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 Restaurants Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.0263 | |||
| Maximum Drawdown | 18.46 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 4.19 |
Guangzhou Restaurants Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Restaurants' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Restaurants' standard deviation. In reality, there are many statistical measures that can use Guangzhou Restaurants historical prices to predict the future Guangzhou Restaurants' volatility.| Risk Adjusted Performance | 0.0633 | |||
| Jensen Alpha | 0.1416 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0313 | |||
| Treynor Ratio | 0.4872 |
Guangzhou Restaurants Backtested Returns
Guangzhou Restaurants appears to be somewhat reliable, given 3 months investment horizon. Guangzhou Restaurants holds Efficiency (Sharpe) Ratio of 0.0839, which attests that the entity had a 0.0839% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Guangzhou Restaurants, which you can use to evaluate the volatility of the firm. Please utilize Guangzhou Restaurants' market risk adjusted performance of 0.4972, and Risk Adjusted Performance of 0.0633 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guangzhou Restaurants holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangzhou Restaurants' returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Restaurants is expected to be smaller as well. Please check Guangzhou Restaurants' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Guangzhou Restaurants' current trending patterns will revert.
Auto-correlation | 0.75 |
Good predictability
Guangzhou Restaurants Group has good predictability. Overlapping area represents the amount of predictability between Guangzhou Restaurants time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 Restaurants price movement. The serial correlation of 0.75 indicates that around 75.0% of current Guangzhou Restaurants price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 2.21 |
Guangzhou Restaurants lagged returns against current returns
Autocorrelation, which is Guangzhou Restaurants 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 Restaurants' stock expected returns. We can calculate the autocorrelation of Guangzhou Restaurants returns to help us make a trade decision. For example, suppose you find that Guangzhou Restaurants 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 Restaurants 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 Restaurants stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Restaurants stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Restaurants stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Restaurants Lagged Returns
When evaluating Guangzhou Restaurants' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Restaurants stock have on its future price. Guangzhou Restaurants 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 Restaurants autocorrelation shows the relationship between Guangzhou Restaurants stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Restaurants Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangzhou Stock
Guangzhou Restaurants 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 Restaurants security.