Wowprime Corp (Taiwan) Market Value
| 2727 Stock | TWD 232.00 1.50 0.64% |
| Symbol | Wowprime |
Wowprime Corp '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 Wowprime Corp'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 Wowprime Corp.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Wowprime Corp on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Wowprime Corp or generate 0.0% return on investment in Wowprime Corp over 90 days. Wowprime Corp is related to or competes with Gourmet Master, President Chain, Uni President, Formosa International, and Fubon Financial. The company offers Western steak, Japanese style cuisine, original grilled, Hokkaido kelp hotpot, teppanyaki, Japanese p... More
Wowprime Corp 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 Wowprime Corp'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 Wowprime Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.33 |
Wowprime Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wowprime Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wowprime Corp's standard deviation. In reality, there are many statistical measures that can use Wowprime Corp historical prices to predict the future Wowprime Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.094 | |||
| Treynor Ratio | 0.3529 |
Wowprime Corp Backtested Returns
Wowprime Corp shows Sharpe Ratio of -0.028, which attests that the company had a -0.028 % return per unit of risk over the last 3 months. Wowprime Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wowprime Corp's Mean Deviation of 0.7336, standard deviation of 1.07, and Market Risk Adjusted Performance of 0.3629 to validate the risk estimate we provide. The firm maintains a market beta of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wowprime Corp are expected to decrease at a much lower rate. During the bear market, Wowprime Corp is likely to outperform the market. At this point, Wowprime Corp has a negative expected return of -0.0317%. Please make sure to check out Wowprime Corp's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Wowprime Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Wowprime Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Wowprime Corp time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wowprime Corp price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Wowprime Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 34.51 |
Wowprime Corp lagged returns against current returns
Autocorrelation, which is Wowprime Corp 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 Wowprime Corp's stock expected returns. We can calculate the autocorrelation of Wowprime Corp returns to help us make a trade decision. For example, suppose you find that Wowprime Corp 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 |
Wowprime Corp 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 Wowprime Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wowprime Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wowprime Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Wowprime Corp Lagged Returns
When evaluating Wowprime Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wowprime Corp stock have on its future price. Wowprime Corp 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, Wowprime Corp autocorrelation shows the relationship between Wowprime Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Wowprime Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Wowprime Stock Analysis
When running Wowprime Corp's price analysis, check to measure Wowprime Corp'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 Wowprime Corp is operating at the current time. Most of Wowprime Corp's value examination focuses on studying past and present price action to predict the probability of Wowprime Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wowprime Corp's price. Additionally, you may evaluate how the addition of Wowprime Corp to your portfolios can decrease your overall portfolio volatility.