Guangdong Investment Limited Stock Market Value
| GGDVF Stock | USD 0.47 0.00 0.00% |
| 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 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 Guangdong Investment.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Guangdong Investment on March 20, 2024 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 30 days. Guangdong Investment is related to or competes with Artesian Resources, Global Water, Essential Utilities, American Water, American States, California Water, and Consolidated Water. Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and develop... 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 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 Guangdong Investment Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 28.81 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 1.69 |
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 | (0.12) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (1.10) | |||
| Treynor Ratio | (0.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Guangdong Investment'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.
Guangdong Investment Backtested Returns
Guangdong Investment holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of standard deviation over the last 3 months. Guangdong Investment exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Investment's risk adjusted performance of (0.12), and Market Risk Adjusted Performance of (0.87) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.86, 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. Guangdong Investment has an expected return of -0.72%. Please make sure to check out Guangdong Investment standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to decide if Guangdong Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Guangdong Investment Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Guangdong Investment time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Guangdong Investment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Guangdong Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guangdong Investment lagged returns against current returns
Autocorrelation, which is Guangdong Investment 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 Guangdong Investment's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Investment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Investment pink sheet 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 pink sheet 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 pink sheet 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 |
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Complementary Tools for Guangdong Pink Sheet analysis
When running Guangdong Investment's price analysis, check to measure Guangdong Investment'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 Guangdong Investment is operating at the current time. Most of Guangdong Investment's value examination focuses on studying past and present price action to predict the probability of Guangdong Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Investment's price. Additionally, you may evaluate how the addition of Guangdong Investment to your portfolios can decrease your overall portfolio volatility.
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Guangdong Investment 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.