WPLAU 37 15 MAR 28 Market Value
| 980236AP8 | 93.71 1.48 1.55% |
| Symbol | WPLAU |
Please note, there is a significant difference between WPLAU's value and its price as these two are different measures arrived at by different means. Investors typically determine if WPLAU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WPLAU'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.
WPLAU '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 WPLAU's bond 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 WPLAU.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in WPLAU on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding WPLAU 37 15 MAR 28 or generate 0.0% return on investment in WPLAU over 30 days. WPLAU is related to or competes with Yuexiu Transport, IPG Photonics, Analog Devices, Micron Technology, Saia, 51Talk Online, and TFI International. More
WPLAU 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 WPLAU's bond 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 WPLAU 37 15 MAR 28 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 2.05 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8356 |
WPLAU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WPLAU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WPLAU's standard deviation. In reality, there are many statistical measures that can use WPLAU historical prices to predict the future WPLAU's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.07) |
WPLAU 37 15 Backtested Returns
WPLAU 37 15 shows Sharpe Ratio of -0.35, which attests that the bond had a -0.35% return per unit of standard deviation over the last 3 months. WPLAU 37 15 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WPLAU's Standard Deviation of 0.57, mean deviation of 0.3743, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The entity maintains a market beta of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WPLAU's returns are expected to increase less than the market. However, during the bear market, the loss of holding WPLAU is expected to be smaller as well.
Auto-correlation | -0.88 |
Excellent reverse predictability
WPLAU 37 15 MAR 28 has excellent reverse predictability. Overlapping area represents the amount of predictability between WPLAU time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 WPLAU 37 15 price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current WPLAU price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
WPLAU 37 15 lagged returns against current returns
Autocorrelation, which is WPLAU bond'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 WPLAU's bond expected returns. We can calculate the autocorrelation of WPLAU returns to help us make a trade decision. For example, suppose you find that WPLAU has exhibited high autocorrelation historically, and you observe that the bond 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 |
WPLAU 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 WPLAU bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WPLAU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WPLAU bond over time.
Current vs Lagged Prices |
| Timeline |
WPLAU Lagged Returns
When evaluating WPLAU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WPLAU bond have on its future price. WPLAU 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, WPLAU autocorrelation shows the relationship between WPLAU bond current value and its past values and can show if there is a momentum factor associated with investing in WPLAU 37 15 MAR 28.
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.Other Information on Investing in WPLAU Bond
WPLAU financial ratios help investors to determine whether WPLAU Bond 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 WPLAU with respect to the benefits of owning WPLAU security.