Wonders Information's market value is the price at which a share of Wonders Information trades on a public exchange. It measures the collective expectations of Wonders Information investors about its performance. Wonders Information is trading at 7.05 as of the 4th of January 2025, a 5.87% down since the beginning of the trading day. The stock's open price was 7.49. With this module, you can estimate the performance of a buy and hold strategy of Wonders Information and determine expected loss or profit from investing in Wonders Information over a given investment horizon. Check out Wonders Information Correlation, Wonders Information Volatility and Wonders Information Alpha and Beta module to complement your research on Wonders Information.
Please note, there is a significant difference between Wonders Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wonders Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wonders Information'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.
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.
0.00
10/12/2023
No Change 0.00
0.0
In 1 year 2 months and 27 days
01/04/2025
0.00
If you would invest 0.00 in Wonders Information on October 12, 2023 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 450 days. Wonders Information is related to or competes with PetroChina, China Mobile, CNOOC, Ping An, China Petroleum, China State, and Kweichow Moutai. 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wonders Information. Your research has to be compared to or analyzed against Wonders Information's peers to derive any actionable benefits. When done correctly, Wonders Information's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wonders Information.
Wonders Information Backtested Returns
Wonders Information shows Sharpe Ratio of -0.0449, which attests that the company had a -0.0449% return per unit of risk over the last 3 months. Wonders Information exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wonders Information's Mean Deviation of 4.17, downside deviation of 4.61, and Market Risk Adjusted Performance of 0.9617 to validate the risk estimate we provide. The firm maintains a market beta of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wonders Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wonders Information is expected to be smaller as well. At this point, Wonders Information has a negative expected return of -0.22%. Please make sure to check out Wonders Information's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Wonders Information performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.75
Almost perfect reverse predictability
Wonders Information has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Wonders Information time series from 12th of October 2023 to 24th of May 2024 and 24th of May 2024 to 4th of January 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 -0.75 indicates that around 75.0% of current Wonders Information price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.75
Spearman Rank Test
-0.79
Residual Average
0.0
Price Variance
3.0
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
Also Currently Popular
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.
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.