Huya Inc Stock Market Value
| HUYA Stock | USD 4.41 0.10 2.22% |
| Symbol | HUYA |
HUYA Inc Price To Book Ratio
Is HUYA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HUYA. If investors know HUYA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HUYA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.26) | Revenue Per Share 28.78 | Quarterly Revenue Growth (0.27) | Return On Assets (0.02) |
The market value of HUYA Inc is measured differently than its book value, which is the value of HUYA that is recorded on the company's balance sheet. Investors also form their own opinion of HUYA's value that differs from its market value or its book value, called intrinsic value, which is HUYA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HUYA's market value can be influenced by many factors that don't directly affect HUYA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HUYA's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUYA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUYA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
HUYA '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 HUYA'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 HUYA.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in HUYA on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding HUYA Inc or generate 0.0% return on investment in HUYA over 60 days. HUYA is related to or competes with Global E, Etsy, Pinduoduo, JD, Alibaba Group, Vipshop Holdings, and Jumia Technologies. HUYA Inc., through its subsidiaries, operates game live streaming platforms in the Peoples Republic of China More
HUYA 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 HUYA'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 HUYA Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | 0.1075 | |||
| Maximum Drawdown | 21.21 | |||
| Value At Risk | (6.78) | |||
| Potential Upside | 7.14 |
HUYA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUYA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUYA's standard deviation. In reality, there are many statistical measures that can use HUYA historical prices to predict the future HUYA's volatility.| Risk Adjusted Performance | 0.0878 | |||
| Jensen Alpha | 0.3784 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0999 | |||
| Treynor Ratio | 0.2755 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HUYA'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.
HUYA Inc Backtested Returns
HUYA appears to be relatively risky, given 3 months investment horizon. HUYA Inc holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of standard deviation over the last 3 months. By examining HUYA's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize HUYA's risk adjusted performance of 0.0878, and Market Risk Adjusted Performance of 0.2855 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HUYA holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 1.93, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, HUYA will likely underperform. Please check HUYA's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether HUYA's current trending patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
HUYA Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between HUYA time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd of April 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 HUYA Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current HUYA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
HUYA Inc lagged returns against current returns
Autocorrelation, which is HUYA 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 HUYA's stock expected returns. We can calculate the autocorrelation of HUYA returns to help us make a trade decision. For example, suppose you find that HUYA 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 |
HUYA 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 HUYA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUYA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUYA stock over time.
Current vs Lagged Prices |
| Timeline |
HUYA Lagged Returns
When evaluating HUYA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUYA stock have on its future price. HUYA 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, HUYA autocorrelation shows the relationship between HUYA stock current value and its past values and can show if there is a momentum factor associated with investing in HUYA Inc.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HUYA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HUYA's short interest history, or implied volatility extrapolated from HUYA options trading.
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Complementary Tools for HUYA Stock analysis
When running HUYA's price analysis, check to measure HUYA'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 HUYA is operating at the current time. Most of HUYA's value examination focuses on studying past and present price action to predict the probability of HUYA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HUYA's price. Additionally, you may evaluate how the addition of HUYA to your portfolios can decrease your overall portfolio volatility.
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HUYA technical stock 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, stock market cycles, or different charting patterns.