Wonders Information (China) Market Value
| 300168 Stock | 8.94 0.18 1.97% |
| Symbol | Wonders |
Wonders Information '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 Wonders Information'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 Wonders Information.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Wonders Information on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Wonders Information or generate 0.0% return on investment in Wonders Information over 90 days. Wonders Information is related to or competes with Dareway Software, MayAir Technology, Shanghai Rongtai, China Reform, Everjoy Health, Youngy Health, and Meinian Onehealth. Wonders Information is entity of China. It is traded as Stock on SHE exchange. More
Wonders Information 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 Wonders Information'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 Wonders Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.74 | |||
| Information Ratio | 0.0361 | |||
| Maximum Drawdown | 23.28 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 6.36 |
Wonders Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wonders Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wonders Information's standard deviation. In reality, there are many statistical measures that can use Wonders Information historical prices to predict the future Wonders Information's volatility.| Risk Adjusted Performance | 0.015 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.6665 | |||
| Sortino Ratio | 0.0406 | |||
| Treynor Ratio | (0.04) |
Wonders Information Backtested Returns
At this point, Wonders Information is slightly risky. Wonders Information shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wonders Information, which you can use to evaluate the volatility of the company. Please check out Wonders Information's Mean Deviation of 2.91, market risk adjusted performance of (0.03), and Downside Deviation of 3.74 to validate if the risk estimate we provide is consistent with the expected return of 0.0365%. The firm maintains a market beta of -0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wonders Information are expected to decrease at a much lower rate. During the bear market, Wonders Information is likely to outperform the market. Wonders Information right now maintains a risk of 4.4%. Please check out Wonders Information information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Wonders Information will be following its historical returns.
Auto-correlation | -0.47 |
Modest reverse predictability
Wonders Information has modest reverse predictability. Overlapping area represents the amount of predictability between Wonders Information time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Wonders Information price movement. The serial correlation of -0.47 indicates that about 47.0% of current Wonders Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Wonders Information lagged returns against current returns
Autocorrelation, which is Wonders Information 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 Wonders Information's stock expected returns. We can calculate the autocorrelation of Wonders Information returns to help us make a trade decision. For example, suppose you find that Wonders Information 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 |
Wonders Information 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 Wonders Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wonders Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wonders Information stock over time.
Current vs Lagged Prices |
| Timeline |
Wonders Information Lagged Returns
When evaluating Wonders Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wonders Information stock have on its future price. Wonders Information 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, Wonders Information autocorrelation shows the relationship between Wonders Information stock current value and its past values and can show if there is a momentum factor associated with investing in Wonders Information.
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.Other Information on Investing in Wonders Stock
Wonders Information financial ratios help investors to determine whether Wonders 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 Wonders with respect to the benefits of owning Wonders Information security.