WUXI BIOLOGICS (Germany) Market Value
| 1FW1 Stock | EUR 4.18 0.08 1.95% |
| Symbol | WUXI |
WUXI BIOLOGICS '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 WUXI BIOLOGICS'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 WUXI BIOLOGICS.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in WUXI BIOLOGICS on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding WUXI BIOLOGICS UNSPADR2 or generate 0.0% return on investment in WUXI BIOLOGICS over 390 days. WUXI BIOLOGICS is related to or competes with COFCO Joycome, LIFEWAY FOODS, INTER CARS, Cal Maine, CARSALESCOM, and MOLSON RS. WuXi Biologics Inc., an open-access biologics technology platform company, provides solutions to organizations to discov... More
WUXI BIOLOGICS 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 WUXI BIOLOGICS'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 WUXI BIOLOGICS UNSPADR2 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.82 | |||
| Information Ratio | 0.1424 | |||
| Maximum Drawdown | 28.36 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 11.85 |
WUXI BIOLOGICS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WUXI BIOLOGICS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WUXI BIOLOGICS's standard deviation. In reality, there are many statistical measures that can use WUXI BIOLOGICS historical prices to predict the future WUXI BIOLOGICS's volatility.| Risk Adjusted Performance | 0.126 | |||
| Jensen Alpha | 0.7914 | |||
| Total Risk Alpha | 0.6452 | |||
| Sortino Ratio | 0.161 | |||
| Treynor Ratio | 2.81 |
WUXI BIOLOGICS UNSPADR2 Backtested Returns
WUXI BIOLOGICS appears to be very risky, given 3 months investment horizon. WUXI BIOLOGICS UNSPADR2 shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining WUXI BIOLOGICS's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize WUXI BIOLOGICS's Downside Deviation of 4.82, mean deviation of 3.92, and Market Risk Adjusted Performance of 2.82 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WUXI BIOLOGICS holds a performance score of 10. The firm maintains a market beta of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WUXI BIOLOGICS's returns are expected to increase less than the market. However, during the bear market, the loss of holding WUXI BIOLOGICS is expected to be smaller as well. Please check WUXI BIOLOGICS's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether WUXI BIOLOGICS's historical returns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
WUXI BIOLOGICS UNSPADR2 has very good reverse predictability. Overlapping area represents the amount of predictability between WUXI BIOLOGICS time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd of December 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 WUXI BIOLOGICS UNSPADR2 price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current WUXI BIOLOGICS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
WUXI BIOLOGICS UNSPADR2 lagged returns against current returns
Autocorrelation, which is WUXI BIOLOGICS 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 WUXI BIOLOGICS's stock expected returns. We can calculate the autocorrelation of WUXI BIOLOGICS returns to help us make a trade decision. For example, suppose you find that WUXI BIOLOGICS 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 |
WUXI BIOLOGICS 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 WUXI BIOLOGICS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WUXI BIOLOGICS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WUXI BIOLOGICS stock over time.
Current vs Lagged Prices |
| Timeline |
WUXI BIOLOGICS Lagged Returns
When evaluating WUXI BIOLOGICS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WUXI BIOLOGICS stock have on its future price. WUXI BIOLOGICS 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, WUXI BIOLOGICS autocorrelation shows the relationship between WUXI BIOLOGICS stock current value and its past values and can show if there is a momentum factor associated with investing in WUXI BIOLOGICS UNSPADR2.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WUXI Stock
WUXI BIOLOGICS financial ratios help investors to determine whether WUXI Stock 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 WUXI with respect to the benefits of owning WUXI BIOLOGICS security.