Wag Group Co Stock Market Value
| PET Stock | USD 0.19 0 1.05% |
| Symbol | Wag |
Wag Group Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wag Group. If investors know Wag will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wag Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.31) | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets | Return On Equity |
The market value of Wag Group is measured differently than its book value, which is the value of Wag that is recorded on the company's balance sheet. Investors also form their own opinion of Wag Group's value that differs from its market value or its book value, called intrinsic value, which is Wag Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wag Group's market value can be influenced by many factors that don't directly affect Wag Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wag Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wag Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wag Group'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.
Wag Group '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 Wag Group'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 Wag Group.
| 02/25/2025 |
| 03/27/2025 |
If you would invest 0.00 in Wag Group on February 25, 2025 and sell it all today you would earn a total of 0.00 from holding Wag Group Co or generate 0.0% return on investment in Wag Group over 30 days. Wag Group is related to or competes with EPlus, Progress Software, Agilysys, Sapiens International, Paycor HCM, Clearwater Analytics, and Procore Technologies. Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that... More
Wag Group 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 Wag Group'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 Wag Group Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.87 | |||
| Information Ratio | 0.0143 | |||
| Maximum Drawdown | 40.83 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.76 |
Wag Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wag Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wag Group's standard deviation. In reality, there are many statistical measures that can use Wag Group historical prices to predict the future Wag Group's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.1005 | |||
| Total Risk Alpha | 0.1239 | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wag Group'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.
Wag Group Backtested Returns
Wag Group 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. Wag Group exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wag Group's Mean Deviation of 5.31, downside deviation of 7.87, and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The firm maintains a market beta of -0.8, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wag Group are expected to decrease at a much lower rate. During the bear market, Wag Group is likely to outperform the market. At this point, Wag Group has a negative expected return of -0.0492%. Please make sure to check out Wag Group's sortino ratio and the relationship between the downside variance and period momentum indicator , to decide if Wag Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Wag Group Co has virtually no predictability. Overlapping area represents the amount of predictability between Wag Group time series from 25th of February 2025 to 12th of March 2025 and 12th of March 2025 to 27th 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 Wag Group price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Wag Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wag Group lagged returns against current returns
Autocorrelation, which is Wag Group 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 Wag Group's stock expected returns. We can calculate the autocorrelation of Wag Group returns to help us make a trade decision. For example, suppose you find that Wag Group 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 |
Wag Group 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 Wag Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wag Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wag Group stock over time.
Current vs Lagged Prices |
| Timeline |
Wag Group Lagged Returns
When evaluating Wag Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wag Group stock have on its future price. Wag Group 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, Wag Group autocorrelation shows the relationship between Wag Group stock current value and its past values and can show if there is a momentum factor associated with investing in Wag Group Co.
Regressed Prices |
| Timeline |
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Additional Tools for Wag Stock Analysis
When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.