Guangdong Investment (Germany) Market Value
| GUG Stock | EUR 0.76 0.02 2.70% |
| Symbol | Guangdong |
Guangdong Investment '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 Guangdong Investment'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 Guangdong Investment.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Guangdong Investment on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Guangdong Investment Limited or generate 0.0% return on investment in Guangdong Investment over 720 days. Guangdong Investment is related to or competes with American Water, Aqua America, United Utilities, Companhia, Gelsenwasser, and American States. Guangdong Investment Limited engages in water resources, infrastructure, property investment and development, department... More
Guangdong Investment 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 Guangdong Investment'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 Guangdong Investment Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.94 | |||
| Information Ratio | 0.2236 | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 10.0 |
Guangdong Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Investment's standard deviation. In reality, there are many statistical measures that can use Guangdong Investment historical prices to predict the future Guangdong Investment's volatility.| Risk Adjusted Performance | 0.1898 | |||
| Jensen Alpha | 1.47 | |||
| Total Risk Alpha | 1.3 | |||
| Sortino Ratio | 0.3721 | |||
| Treynor Ratio | 1.5 |
Guangdong Investment Backtested Returns
Guangdong Investment is abnormally volatile given 3 months investment horizon. Guangdong Investment holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of standard deviation 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 1.54% are justified by taking the suggested risk. Use Guangdong Investment Limited risk adjusted performance of 0.1898, and Market Risk Adjusted Performance of 1.51 to evaluate company specific risk that cannot be diversified away. Guangdong Investment holds a performance score of 18 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.99, which attests to possible diversification benefits within a given portfolio. Guangdong Investment returns are very sensitive to returns on the market. As the market goes up or down, Guangdong Investment is expected to follow. Use Guangdong Investment Limited information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to analyze future returns on Guangdong Investment Limited.
Auto-correlation | 0.78 |
Good predictability
Guangdong Investment Limited has good predictability. Overlapping area represents the amount of predictability between Guangdong Investment 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 Guangdong Investment price movement. The serial correlation of 0.78 indicates that around 78.0% of current Guangdong Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Guangdong Investment lagged returns against current returns
Autocorrelation, which is Guangdong Investment 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 Guangdong Investment's stock expected returns. We can calculate the autocorrelation of Guangdong Investment returns to help us make a trade decision. For example, suppose you find that Guangdong Investment 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 |
Guangdong Investment 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 Guangdong Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Investment Lagged Returns
When evaluating Guangdong Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Investment stock have on its future price. Guangdong Investment 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, Guangdong Investment autocorrelation shows the relationship between Guangdong Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Investment Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangdong Stock
Guangdong Investment financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Investment security.