Wbx Wt Stock Market Value
| WBX-WT Stock | 0.04 0.01 15.83% |
| Symbol | WBX |
WBX WT '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 WBX WT'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 WBX WT.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in WBX WT on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding WBX WT or generate 0.0% return on investment in WBX WT over 30 days.
WBX WT 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 WBX WT'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 WBX WT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.94 | |||
| Information Ratio | 0.0306 | |||
| Maximum Drawdown | 98.55 | |||
| Value At Risk | (36.17) | |||
| Potential Upside | 48.15 |
WBX WT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WBX WT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WBX WT's standard deviation. In reality, there are many statistical measures that can use WBX WT historical prices to predict the future WBX WT's volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.7534 | |||
| Total Risk Alpha | 0.0466 | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | (0.18) |
WBX WT Backtested Returns
WBX WT shows Sharpe Ratio of 0.0322, which attests that the company had a 0.0322% return per unit of risk over the last 3 months. By analyzing WBX WT's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize WBX WT's Market Risk Adjusted Performance of (0.17), downside deviation of 19.94, and Mean Deviation of 14.27 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WBX WT holds a performance score of 2. The firm maintains a market beta of -3.73, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning WBX WT are expected to decrease by larger amounts. On the other hand, during market turmoil, WBX WT is expected to outperform it. Please check WBX WT's maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and rate of daily change , to make a quick decision on whether WBX WT's historical returns will revert.
Auto-correlation | -0.01 |
Very weak reverse predictability
WBX WT has very weak reverse predictability. Overlapping area represents the amount of predictability between WBX WT time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 WBX WT price movement. The serial correlation of -0.01 indicates that just 1.0% of current WBX WT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WBX WT lagged returns against current returns
Autocorrelation, which is WBX WT 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 WBX WT's stock expected returns. We can calculate the autocorrelation of WBX WT returns to help us make a trade decision. For example, suppose you find that WBX WT 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 |
WBX WT 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 WBX WT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WBX WT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WBX WT stock over time.
Current vs Lagged Prices |
| Timeline |
WBX WT Lagged Returns
When evaluating WBX WT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WBX WT stock have on its future price. WBX WT 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, WBX WT autocorrelation shows the relationship between WBX WT stock current value and its past values and can show if there is a momentum factor associated with investing in WBX WT.
Regressed Prices |
| Timeline |
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Additional Tools for WBX Stock Analysis
When running WBX WT's price analysis, check to measure WBX WT'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 WBX WT is operating at the current time. Most of WBX WT's value examination focuses on studying past and present price action to predict the probability of WBX WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WBX WT's price. Additionally, you may evaluate how the addition of WBX WT to your portfolios can decrease your overall portfolio volatility.