World Copper Stock Market Value

WCU Stock   0.06  0.01  10.00%   
World Copper's market value is the price at which a share of World Copper trades on a public exchange. It measures the collective expectations of World Copper investors about its performance. World Copper is selling for under 0.055 as of the 16th of March 2025; that is 10.00 percent increase since the beginning of the trading day. The stock's lowest day price was 0.05.
With this module, you can estimate the performance of a buy and hold strategy of World Copper and determine expected loss or profit from investing in World Copper over a given investment horizon. Check out World Copper Correlation, World Copper Volatility and World Copper Alpha and Beta module to complement your research on World Copper.
Symbol

World Copper Price To Book Ratio

Please note, there is a significant difference between World Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Copper'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.

World Copper '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 World Copper'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 World Copper.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in World Copper on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding World Copper or generate 0.0% return on investment in World Copper over 90 days. World Copper is related to or competes with Northwest Copper. WestCan Uranium Corporation engages in the exploration and evaluation of mineral properties in Canada. More

World Copper 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 World Copper'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 World Copper upside and downside potential and time the market with a certain degree of confidence.

World Copper Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for World Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Copper's standard deviation. In reality, there are many statistical measures that can use World Copper historical prices to predict the future World Copper's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.069.04
Details
Intrinsic
Valuation
LowRealHigh
0.000.059.03
Details
Naive
Forecast
LowNextHigh
00.069.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

World Copper Backtested Returns

At this stage we consider World Stock to be out of control. World Copper 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. We have found twenty-nine technical indicators for World Copper, which you can use to evaluate the volatility of the company. Please check out World Copper's Market Risk Adjusted Performance of 0.0478, downside deviation of 11.76, and Mean Deviation of 6.07 to validate if the risk estimate we provide is consistent with the expected return of 0.0133%. The firm maintains a market beta of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, World Copper's returns are expected to increase less than the market. However, during the bear market, the loss of holding World Copper is expected to be smaller as well. World Copper right now maintains a risk of 8.98%. Please check out World Copper potential upside and the relationship between the skewness and price action indicator , to decide if World Copper will be following its historical returns.

Auto-correlation

    
  0.33  

Below average predictability

World Copper has below average predictability. Overlapping area represents the amount of predictability between World Copper time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 World Copper price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current World Copper price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.0

World Copper lagged returns against current returns

Autocorrelation, which is World Copper 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 World Copper's stock expected returns. We can calculate the autocorrelation of World Copper returns to help us make a trade decision. For example, suppose you find that World Copper 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  

World Copper 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 World Copper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if World Copper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in World Copper stock over time.
   Current vs Lagged Prices   
       Timeline  

World Copper Lagged Returns

When evaluating World Copper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of World Copper stock have on its future price. World Copper 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, World Copper autocorrelation shows the relationship between World Copper stock current value and its past values and can show if there is a momentum factor associated with investing in World Copper.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for World Stock Analysis

When running World Copper's price analysis, check to measure World Copper'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 World Copper is operating at the current time. Most of World Copper's value examination focuses on studying past and present price action to predict the probability of World Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Copper's price. Additionally, you may evaluate how the addition of World Copper to your portfolios can decrease your overall portfolio volatility.