HITHINK ROYALFLUSH (China) Market Value

300033
  

CNY 85.68  0.35  0.41%   

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 Hype Analysis, HITHINK ROYALFLUSH Correlation, HITHINK ROYALFLUSH Valuation, HITHINK ROYALFLUSH Volatility, as well as analyze HITHINK ROYALFLUSH Alpha and Beta and HITHINK ROYALFLUSH Performance.
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
11/11/2021
No Change 0.00  0.0 
In 8 months and 28 days
08/08/2022
0.00
If you would invest  0.00  in HITHINK ROYALFLUSH on November 11, 2021 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 270 days. Hithink RoyalFlush Information Network Co., LtdMore

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
83.6286.0388.44
Details
Intrinsic
Valuation
LowReal ValueHigh
69.9872.3994.63
Details
Naive
Forecast
LowNext ValueHigh
84.6087.0189.42
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
81.1688.6596.15
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

We consider HITHINK ROYALFLUSH very steady. HITHINK ROYALFLUSH holds Efficiency (Sharpe) Ratio of 0.0549, which attests that the entity had 0.0549% of return per unit of volatility over the last 3 months. Our approach towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for HITHINK ROYALFLUSH, which you can use to evaluate the future volatility of the firm. Please check out HITHINK ROYALFLUSH risk adjusted performance of (0.016642), and Market Risk Adjusted Performance of (2.50) to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
HITHINK ROYALFLUSH has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0305, 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. Although it is important to respect HITHINK ROYALFLUSH current price history, it is better to be realistic regarding the information on the equity's current price movements. The approach towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing HITHINK ROYALFLUSH technical indicators, you can now evaluate if the expected return of 0.13% will be sustainable into the future. HITHINK ROYALFLUSH currently retains a risk of 2.41%. Please check out HITHINK ROYALFLUSH total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio to decide if HITHINK ROYALFLUSH will be following its current trending patterns.

Auto-correlation

    
  -0.36  

Poor reverse predictability

HITHINK ROYALFLUSH has poor reverse predictability. Overlapping area represents the amount of predictability between HITHINK ROYALFLUSH time series from 11th of November 2021 to 26th of March 2022 and 26th of March 2022 to 8th of August 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 -0.36 indicates that just about 36.0% of current HITHINK ROYALFLUSH price fluctuation can be explain by its past prices.
Correlation Coefficient-0.36
Spearman Rank Test-0.27
Residual Average0.0
Price Variance40.02

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   
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       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  

Be your own money manager

Our tools can tell you how much better you can do entering a position in HITHINK ROYALFLUSH without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to HITHINK ROYALFLUSH Hype Analysis, HITHINK ROYALFLUSH Correlation, HITHINK ROYALFLUSH Valuation, HITHINK ROYALFLUSH Volatility, as well as analyze HITHINK ROYALFLUSH Alpha and Beta and HITHINK ROYALFLUSH Performance. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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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HITHINK ROYALFLUSH 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 HITHINK ROYALFLUSH technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HITHINK ROYALFLUSH 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...