Wilmar International Stock Market Value
| WLMIY Stock | USD 23.02 0.37 1.63% |
| Symbol | Wilmar |
Wilmar International '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 Wilmar International'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 Wilmar International.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Wilmar International on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Wilmar International or generate 0.0% return on investment in Wilmar International over 30 days. Wilmar International is related to or competes with Wilmar International, Wesfarmers, United Overseas, Kerry Group, and Overseas Chinese. Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the Peoples Republic of ... More
Wilmar International 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 Wilmar International'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 Wilmar International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.76 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.81 |
Wilmar International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmar International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmar International's standard deviation. In reality, there are many statistical measures that can use Wilmar International historical prices to predict the future Wilmar International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.1317 |
Wilmar International Backtested Returns
Wilmar International shows Sharpe Ratio of -0.0135, which attests that the company had a -0.0135% return per unit of risk over the last 3 months. Wilmar International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilmar International's Market Risk Adjusted Performance of 0.1417, standard deviation of 2.18, and Mean Deviation of 1.55 to validate the risk estimate we provide. The firm maintains a market beta of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wilmar International are expected to decrease at a much lower rate. During the bear market, Wilmar International is likely to outperform the market. At this point, Wilmar International has a negative expected return of -0.0299%. Please make sure to check out Wilmar International's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Wilmar International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Wilmar International has very weak reverse predictability. Overlapping area represents the amount of predictability between Wilmar International time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Wilmar International price movement. The serial correlation of -0.02 indicates that only 2.0% of current Wilmar International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Wilmar International lagged returns against current returns
Autocorrelation, which is Wilmar International 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 Wilmar International's pink sheet expected returns. We can calculate the autocorrelation of Wilmar International returns to help us make a trade decision. For example, suppose you find that Wilmar International 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 |
Wilmar International 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 Wilmar International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmar International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmar International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wilmar International Lagged Returns
When evaluating Wilmar International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmar International pink sheet have on its future price. Wilmar International 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, Wilmar International autocorrelation shows the relationship between Wilmar International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wilmar International.
Regressed Prices |
| Timeline |
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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.Additional Tools for Wilmar Pink Sheet Analysis
When running Wilmar International's price analysis, check to measure Wilmar International'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 Wilmar International is operating at the current time. Most of Wilmar International's value examination focuses on studying past and present price action to predict the probability of Wilmar International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilmar International's price. Additionally, you may evaluate how the addition of Wilmar International to your portfolios can decrease your overall portfolio volatility.