Country Garden Holdings Stock Market Value
| CTRYF Stock | USD 0.17 0.10 37.04% |
| Symbol | Country |
Country Garden '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 Country Garden'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 Country Garden.
| 09/30/2024 |
| 10/30/2024 |
If you would invest 0.00 in Country Garden on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Country Garden Holdings or generate 0.0% return on investment in Country Garden over 30 days. Country Garden is related to or competes with Hong Kong, Sun Hung. Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate pr... More
Country Garden 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 Country Garden'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 Country Garden Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1101 | |||
| Maximum Drawdown | 350.0 | |||
| Value At Risk | (37.04) | |||
| Potential Upside | 50.0 |
Country Garden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Country Garden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Country Garden's standard deviation. In reality, there are many statistical measures that can use Country Garden historical prices to predict the future Country Garden's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 4.97 | |||
| Total Risk Alpha | 1.76 | |||
| Treynor Ratio | (52.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Country Garden'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.
Country Garden Holdings Backtested Returns
Country Garden is out of control given 3 months investment horizon. Country Garden Holdings 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. We have analyzed and interpolated twenty-two different technical indicators, which can help you to evaluate if expected returns of 5.21% are justified by taking the suggested risk. Use Country Garden Mean Deviation of 16.67, risk adjusted performance of 0.0951, and Standard Deviation of 44.58 to evaluate company specific risk that cannot be diversified away. Country Garden holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0946, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Country Garden are expected to decrease at a much lower rate. During the bear market, Country Garden is likely to outperform the market. Use Country Garden total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to analyze future returns on Country Garden.
Auto-correlation | 0.01 |
Virtually no predictability
Country Garden Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Country Garden time series from 30th of September 2024 to 15th of October 2024 and 15th of October 2024 to 30th of October 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 Country Garden Holdings price movement. The serial correlation of 0.01 indicates that just 1.0% of current Country Garden price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Country Garden Holdings lagged returns against current returns
Autocorrelation, which is Country Garden 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 Country Garden's pink sheet expected returns. We can calculate the autocorrelation of Country Garden returns to help us make a trade decision. For example, suppose you find that Country Garden 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 |
Country Garden 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 Country Garden pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Country Garden pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Country Garden pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Country Garden Lagged Returns
When evaluating Country Garden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Country Garden pink sheet have on its future price. Country Garden 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, Country Garden autocorrelation shows the relationship between Country Garden pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Country Garden Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Country Pink Sheet
Country Garden financial ratios help investors to determine whether Country Pink Sheet 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 Country with respect to the benefits of owning Country Garden security.