Guangzhou Fangbang (China) Market Value
| 688020 Stock | 37.67 0.29 0.76% |
| Symbol | Guangzhou |
Guangzhou Fangbang '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 Fangbang'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 Fangbang.
| 01/08/2023 |
| 12/28/2024 |
If you would invest 0.00 in Guangzhou Fangbang on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding Guangzhou Fangbang Electronics or generate 0.0% return on investment in Guangzhou Fangbang over 720 days. Guangzhou Fangbang is related to or competes with Guangxi Wuzhou, Chenzhou Jingui, JCHX Mining, Railway Signal, Fiberhome Telecommunicatio, Zhangjiagang Freetrade, and Jinhui Mining. Guangzhou Fangbang is entity of China. It is traded as Stock on SHG exchange. More
Guangzhou Fangbang 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 Fangbang'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 Fangbang Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.28 | |||
| Information Ratio | 0.1232 | |||
| Maximum Drawdown | 27.81 | |||
| Value At Risk | (6.34) | |||
| Potential Upside | 7.86 |
Guangzhou Fangbang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Fangbang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Fangbang's standard deviation. In reality, there are many statistical measures that can use Guangzhou Fangbang historical prices to predict the future Guangzhou Fangbang's volatility.| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.5823 | |||
| Total Risk Alpha | 0.4648 | |||
| Sortino Ratio | 0.1335 | |||
| Treynor Ratio | 1.13 |
Guangzhou Fangbang Backtested Returns
At this point, Guangzhou Fangbang is not too volatile. Guangzhou Fangbang holds Efficiency (Sharpe) Ratio of 0.0418, which attests that the entity had a 0.0418% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guangzhou Fangbang, which you can use to evaluate the volatility of the firm. Please check out Guangzhou Fangbang's market risk adjusted performance of 1.14, and Risk Adjusted Performance of 0.112 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Guangzhou Fangbang has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guangzhou Fangbang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guangzhou Fangbang is expected to be smaller as well. Guangzhou Fangbang right now retains a risk of 4.24%. Please check out Guangzhou Fangbang downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Guangzhou Fangbang will be following its current trending patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Guangzhou Fangbang Electronics has virtually no predictability. Overlapping area represents the amount of predictability between Guangzhou Fangbang time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 2024 to 28th 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 Fangbang price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Guangzhou Fangbang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 22.88 |
Guangzhou Fangbang lagged returns against current returns
Autocorrelation, which is Guangzhou Fangbang 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 Fangbang's stock expected returns. We can calculate the autocorrelation of Guangzhou Fangbang returns to help us make a trade decision. For example, suppose you find that Guangzhou Fangbang 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 Fangbang 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 Fangbang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Fangbang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Fangbang stock over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Fangbang Lagged Returns
When evaluating Guangzhou Fangbang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Fangbang stock have on its future price. Guangzhou Fangbang 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 Fangbang autocorrelation shows the relationship between Guangzhou Fangbang stock current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Fangbang Electronics.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangzhou Stock
Guangzhou Fangbang 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 Fangbang security.