Guangzhou Baiyunshan Pharmaceutical Stock Market Value
| GZPHF Stock | USD 2.88 0.00 0.00% |
| Symbol | Guangzhou |
Guangzhou Baiyunshan '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 Baiyunshan's pink sheet 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 Baiyunshan.
| 04/09/2024 |
| 05/09/2024 |
If you would invest 0.00 in Guangzhou Baiyunshan on April 9, 2024 and sell it all today you would earn a total of 0.00 from holding Guangzhou Baiyunshan Pharmaceutical or generate 0.0% return on investment in Guangzhou Baiyunshan over 30 days. Guangzhou Baiyunshan is related to or competes with Cumberland Pharmaceuticals, Orexo AB, C21 Investments, and Alpha Teknova. Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited, together with its subsidiaries, engages in the research, d... More
Guangzhou Baiyunshan 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 Baiyunshan's pink sheet 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 Baiyunshan Pharmaceutical upside and downside potential and time the market with a certain degree of confidence.
Guangzhou Baiyunshan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangzhou Baiyunshan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangzhou Baiyunshan's standard deviation. In reality, there are many statistical measures that can use Guangzhou Baiyunshan historical prices to predict the future Guangzhou Baiyunshan's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guangzhou Baiyunshan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Guangzhou Baiyunshan Backtested Returns
We have found three technical indicators for Guangzhou Baiyunshan, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Guangzhou Baiyunshan are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Guangzhou Baiyunshan Pharmaceutical has perfect predictability. Overlapping area represents the amount of predictability between Guangzhou Baiyunshan time series from 9th of April 2024 to 24th of April 2024 and 24th of April 2024 to 9th of May 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 Baiyunshan price movement. The serial correlation of 1.0 indicates that 100.0% of current Guangzhou Baiyunshan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guangzhou Baiyunshan lagged returns against current returns
Autocorrelation, which is Guangzhou Baiyunshan pink sheet'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 Baiyunshan's pink sheet expected returns. We can calculate the autocorrelation of Guangzhou Baiyunshan returns to help us make a trade decision. For example, suppose you find that Guangzhou Baiyunshan has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Baiyunshan 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 Baiyunshan pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangzhou Baiyunshan pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangzhou Baiyunshan pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Guangzhou Baiyunshan Lagged Returns
When evaluating Guangzhou Baiyunshan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangzhou Baiyunshan pink sheet have on its future price. Guangzhou Baiyunshan 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 Baiyunshan autocorrelation shows the relationship between Guangzhou Baiyunshan pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Guangzhou Baiyunshan Pharmaceutical.
Regressed Prices |
| Timeline |
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Complementary Tools for Guangzhou Pink Sheet analysis
When running Guangzhou Baiyunshan's price analysis, check to measure Guangzhou Baiyunshan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guangzhou Baiyunshan is operating at the current time. Most of Guangzhou Baiyunshan's value examination focuses on studying past and present price action to predict the probability of Guangzhou Baiyunshan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangzhou Baiyunshan's price. Additionally, you may evaluate how the addition of Guangzhou Baiyunshan to your portfolios can decrease your overall portfolio volatility.
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Guangzhou Baiyunshan technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.