HITHINK ROYALFLUSH (China) Market Value

300033
  

CNY 77.48  0.69  0.90%   

HITHINK ROYALFLUSH's market value is the price at which a share of HITHINK ROYALFLUSH stock trades on a public exchange. It measures the collective expectations of HITHINK ROYALFLUSH investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of HITHINK ROYALFLUSH and determine expected loss or profit from investing in HITHINK ROYALFLUSH over a given investment horizon. Please continue to HITHINK ROYALFLUSH Correlation, HITHINK ROYALFLUSH Volatility and HITHINK ROYALFLUSH Alpha and Beta module to complement your research on HITHINK ROYALFLUSH.
Symbol

Please note, there is a significant difference between HITHINK ROYALFLUSH's value and its price as these two are different measures arrived at by different means. Investors typically determine HITHINK ROYALFLUSH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HITHINK ROYALFLUSH'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.

HITHINK ROYALFLUSH '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 HITHINK ROYALFLUSH'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 HITHINK ROYALFLUSH.
0.00
09/05/2022
No Change 0.00  0.0 
In 31 days
10/05/2022
0.00
If you would invest  0.00  in HITHINK ROYALFLUSH on September 5, 2022 and sell it all today you would earn a total of 0.00 from holding HITHINK ROYALFLUSH or generate 0.0% return on investment in HITHINK ROYALFLUSH over 30 days. HITHINK ROYALFLUSH is related to or competes with FUJIAN BOSS. Hithink RoyalFlush Information Network Co., Ltd More

HITHINK ROYALFLUSH 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 HITHINK ROYALFLUSH'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 HITHINK ROYALFLUSH upside and downside potential and time the market with a certain degree of confidence.

HITHINK ROYALFLUSH Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HITHINK ROYALFLUSH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HITHINK ROYALFLUSH's standard deviation. In reality, there are many statistical measures that can use HITHINK ROYALFLUSH historical prices to predict the future HITHINK ROYALFLUSH's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of HITHINK ROYALFLUSH'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. Please use the tools below to analyze the current value of HITHINK ROYALFLUSH in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
75.5577.4879.41
Details
Intrinsic
Valuation
LowReal ValueHigh
67.3169.2485.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HITHINK ROYALFLUSH. Your research has to be compared to or analyzed against HITHINK ROYALFLUSH's peers to derive any actionable benefits. When done correctly, HITHINK ROYALFLUSH's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HITHINK ROYALFLUSH.

HITHINK ROYALFLUSH Backtested Returns

HITHINK ROYALFLUSH holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had -0.16% of return per unit of volatility over the last 3 months. Macroaxis approach towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. HITHINK ROYALFLUSH exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HITHINK ROYALFLUSH market risk adjusted performance of (1.61), and Risk Adjusted Performance of (0.1) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.1194, which attests to not very significant fluctuations relative to the market. Let's try to break down what HITHINK's beta means in this case. As returns on the market increase, HITHINK ROYALFLUSH returns are expected to increase less than the market. However, during the bear market, the loss on holding HITHINK ROYALFLUSH will be expected to be smaller as well. Even though it is essential to pay attention to HITHINK ROYALFLUSH current price history, it is always good to be careful when utilizing equity current price movements. Our approach towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. HITHINK ROYALFLUSH exposes twenty-one different technical indicators, which can help you to evaluate its performance. HITHINK ROYALFLUSH has an expected return of -0.31%. Please be advised to check out HITHINK ROYALFLUSH standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if HITHINK ROYALFLUSH performance from the past will be repeated at future time.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

HITHINK ROYALFLUSH has very weak reverse predictability. Overlapping area represents the amount of predictability between HITHINK ROYALFLUSH time series from 5th of September 2022 to 20th of September 2022 and 20th of September 2022 to 5th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HITHINK ROYALFLUSH price movement. The serial correlation of -0.03 indicates that only 3.0% of current HITHINK ROYALFLUSH price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test-0.33
Residual Average0.0
Price Variance0.65

HITHINK ROYALFLUSH lagged returns against current returns

Autocorrelation, which is HITHINK ROYALFLUSH 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 HITHINK ROYALFLUSH's stock expected returns. We can calculate the autocorrelation of HITHINK ROYALFLUSH returns to help us make a trade decision. For example, suppose you find that HITHINK ROYALFLUSH stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

HITHINK ROYALFLUSH Lagged Returns

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Please continue to HITHINK ROYALFLUSH Correlation, HITHINK ROYALFLUSH Volatility and HITHINK ROYALFLUSH Alpha and Beta module to complement your research on HITHINK ROYALFLUSH. Note that the HITHINK ROYALFLUSH information on this page should be used as a complementary analysis to other HITHINK ROYALFLUSH'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 CEO Directory module to screen CEOs from public companies around the world.

Other Tools for HITHINK Stock

When running HITHINK ROYALFLUSH price analysis, check to measure HITHINK ROYALFLUSH'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 HITHINK ROYALFLUSH is operating at the current time. Most of HITHINK ROYALFLUSH's value examination focuses on studying past and present price action to predict the probability of HITHINK ROYALFLUSH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HITHINK ROYALFLUSH's price. Additionally, you may evaluate how the addition of HITHINK ROYALFLUSH to your portfolios can decrease your overall portfolio volatility.
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