China Green Agriculture Stock Market Value

CGA Stock  USD 3.01  0.10  3.44%   
China Green's market value is the price at which a share of China Green trades on a public exchange. It measures the collective expectations of China Green Agriculture investors about its performance. China Green is trading at 3.01 as of the 22nd of April 2024, a 3.44 percent up since the beginning of the trading day. The stock's open price was 2.91.
With this module, you can estimate the performance of a buy and hold strategy of China Green Agriculture and determine expected loss or profit from investing in China Green over a given investment horizon. Check out China Green Correlation, China Green Volatility and China Green Alpha and Beta module to complement your research on China Green.
Symbol

China Green Agriculture Price To Book Ratio

Is China Green'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 China Green. If investors know China 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 China Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.22)
Revenue Per Share
8.386
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.12)
The market value of China Green Agriculture is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Green's value that differs from its market value or its book value, called intrinsic value, which is China Green'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 China Green's market value can be influenced by many factors that don't directly affect China Green'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 China Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Green'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.

China Green '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 China Green'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 China Green.
0.00
03/23/2024
No Change 0.00  0.0 
In 31 days
04/22/2024
0.00
If you would invest  0.00  in China Green on March 23, 2024 and sell it all today you would earn a total of 0.00 from holding China Green Agriculture or generate 0.0% return on investment in China Green over 30 days. China Green is related to or competes with Yield10 Bioscience, KS AG, Intrepid Potash, Bioceres Crop, American Vanguard, Lavoro Limited, and ICL Israel. China Green Agriculture, Inc., through its subsidiaries, engages in the research, development, production, and sale of v... More

China Green 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 China Green'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 China Green Agriculture upside and downside potential and time the market with a certain degree of confidence.

China Green Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Green's standard deviation. In reality, there are many statistical measures that can use China Green historical prices to predict the future China Green's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Green'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.
Hype
Prediction
LowEstimatedHigh
0.152.958.54
Details
Intrinsic
Valuation
LowRealHigh
0.142.858.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Green. Your research has to be compared to or analyzed against China Green's peers to derive any actionable benefits. When done correctly, China Green's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in China Green Agriculture.

China Green Agriculture Backtested Returns

China Green appears to be very risky, given 3 months investment horizon. China Green Agriculture secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing China Green's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of China Green's Risk Adjusted Performance of 0.0757, mean deviation of 4.07, and Downside Deviation of 4.5 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Green holds a performance score of 8. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, China Green's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Green is expected to be smaller as well. Please check China Green's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether China Green's price patterns will revert.

Auto-correlation

    
  -0.52  

Good reverse predictability

China Green Agriculture has good reverse predictability. Overlapping area represents the amount of predictability between China Green time series from 23rd of March 2024 to 7th of April 2024 and 7th of April 2024 to 22nd 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 China Green Agriculture price movement. The serial correlation of -0.52 indicates that about 52.0% of current China Green price fluctuation can be explain by its past prices.
Correlation Coefficient-0.52
Spearman Rank Test0.25
Residual Average0.0
Price Variance0.0

China Green Agriculture lagged returns against current returns

Autocorrelation, which is China Green 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 China Green's stock expected returns. We can calculate the autocorrelation of China Green returns to help us make a trade decision. For example, suppose you find that China Green 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  

China Green 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 China Green stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Green stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Green stock over time.
   Current vs Lagged Prices   
       Timeline  

China Green Lagged Returns

When evaluating China Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Green stock have on its future price. China Green 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, China Green autocorrelation shows the relationship between China Green stock current value and its past values and can show if there is a momentum factor associated with investing in China Green Agriculture.
   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 China Green 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, China Green's short interest history, or implied volatility extrapolated from China Green options trading.

Pair Trading with China Green

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Green position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Green will appreciate offsetting losses from the drop in the long position's value.

Moving together with China Stock

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Moving against China Stock

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The ability to find closely correlated positions to China Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Green when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Green - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Green Agriculture to buy it.
The correlation of China Green is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Green Agriculture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Green can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether China Green Agriculture offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China Green's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of China Green Agriculture Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Green Agriculture Stock:
Check out China Green Correlation, China Green Volatility and China Green Alpha and Beta module to complement your research on China Green.
Note that the China Green Agriculture information on this page should be used as a complementary analysis to other China Green's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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China Green 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.
A focus of China Green technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Green trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...