WASION GROUP (Germany) Market Value
| W1U Stock | EUR 0.28 0.00 0.00% |
| Symbol | WASION |
WASION 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 WASION 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 WASION GROUP.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in WASION GROUP on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding WASION GROUP HLDGS or generate 0.0% return on investment in WASION GROUP over 90 days. WASION GROUP is related to or competes with Microchip Technology, Globe Trade, FAST RETAIL, Micron Technology, and ASURE SOFTWARE. More
WASION 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 WASION 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 WASION GROUP HLDGS upside and downside potential and time the market with a certain degree of confidence.
WASION GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WASION GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WASION GROUP's standard deviation. In reality, there are many statistical measures that can use WASION GROUP historical prices to predict the future WASION GROUP's volatility.WASION GROUP HLDGS Backtested Returns
We have found three technical indicators for WASION GROUP HLDGS, which you can use to evaluate the volatility of the entity. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and WASION GROUP are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
WASION GROUP HLDGS has no correlation between past and present. Overlapping area represents the amount of predictability between WASION GROUP time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 WASION GROUP HLDGS price movement. The serial correlation of 0.0 indicates that just 0.0% of current WASION GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WASION GROUP HLDGS lagged returns against current returns
Autocorrelation, which is WASION 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 WASION GROUP's stock expected returns. We can calculate the autocorrelation of WASION GROUP returns to help us make a trade decision. For example, suppose you find that WASION 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 |
WASION 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 WASION GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WASION GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WASION GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
WASION GROUP Lagged Returns
When evaluating WASION GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WASION GROUP stock have on its future price. WASION 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, WASION GROUP autocorrelation shows the relationship between WASION GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in WASION GROUP HLDGS.
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 WASION Stock
WASION GROUP financial ratios help investors to determine whether WASION 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 WASION with respect to the benefits of owning WASION GROUP security.