Wh Group Limited Stock Market Value
| WHGRF Stock | USD 0.79 0.00 0.00% |
| Symbol | WHGRF |
WH 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 WH Group's pink sheet 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 WH Group.
| 12/21/2022 |
| 12/10/2024 |
If you would invest 0.00 in WH Group on December 21, 2022 and sell it all today you would earn a total of 0.00 from holding WH Group Limited or generate 0.0% return on investment in WH Group over 720 days. WH Group is related to or competes with Premier Foods, Aryzta AG, China Feihe, and BG Foods. WH Group Limited, an investment holding company, engages in the production, wholesale, and retail sale of meat products ... More
WH 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 WH Group's pink sheet 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 WH Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0728 | |||
| Maximum Drawdown | 9.41 | |||
| Potential Upside | 2.7 |
WH Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WH Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WH Group's standard deviation. In reality, there are many statistical measures that can use WH Group historical prices to predict the future WH Group's volatility.| Risk Adjusted Performance | 0.1482 | |||
| Jensen Alpha | 0.2468 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Treynor Ratio | (1.38) |
WH Group Limited Backtested Returns
At this point, WH Group is risky. WH Group Limited retains Efficiency (Sharpe Ratio) of 0.11, which attests that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found eighteen technical indicators for WH Group, which you can use to evaluate the volatility of the company. Please check out WH Group's information ratio of 0.0728, and Market Risk Adjusted Performance of (1.37) to validate if the risk estimate we provide is consistent with the expected return of 0.11%. WH Group has a performance score of 8 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WH Group are expected to decrease at a much lower rate. During the bear market, WH Group is likely to outperform the market. WH Group Limited today owns a risk of 0.95%. Please check out WH Group Limited standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if WH Group Limited will be following its current price history.
Auto-correlation | -0.19 |
Insignificant reverse predictability
WH Group Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between WH Group time series from 21st of December 2022 to 16th of December 2023 and 16th of December 2023 to 10th 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 WH Group Limited price movement. The serial correlation of -0.19 indicates that over 19.0% of current WH Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
WH Group Limited lagged returns against current returns
Autocorrelation, which is WH Group pink sheet'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 WH Group's pink sheet expected returns. We can calculate the autocorrelation of WH Group returns to help us make a trade decision. For example, suppose you find that WH Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
WH 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 WH Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WH Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WH Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
WH Group Lagged Returns
When evaluating WH Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WH Group pink sheet have on its future price. WH 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, WH Group autocorrelation shows the relationship between WH Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in WH Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WHGRF Pink Sheet
WH Group financial ratios help investors to determine whether WHGRF Pink Sheet 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 WHGRF with respect to the benefits of owning WH Group security.