Meiwu Technology Co Stock Market Value
| WNW Stock | USD 1.56 0.00 0.00% |
| Symbol | Meiwu |
Meiwu Technology Price To Book Ratio
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meiwu Technology. If investors know Meiwu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meiwu Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.28) | Revenue Per Share 4.227 | Quarterly Revenue Growth (0.97) | Return On Assets (0.03) | Return On Equity (1.12) |
The market value of Meiwu Technology is measured differently than its book value, which is the value of Meiwu that is recorded on the company's balance sheet. Investors also form their own opinion of Meiwu Technology's value that differs from its market value or its book value, called intrinsic value, which is Meiwu Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meiwu Technology's market value can be influenced by many factors that don't directly affect Meiwu Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meiwu Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meiwu Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meiwu Technology'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.
Meiwu Technology '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 Meiwu Technology'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 Meiwu Technology.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Meiwu Technology on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Meiwu Technology Co or generate 0.0% return on investment in Meiwu Technology over 180 days. Meiwu Technology is related to or competes with MOGU, IPower, Jeffs Brands, Kidpik Corp, Qurate Retail, Natural Health, and Liquidity Services. Meiwu Technology Company Limited operates as an online and mobile commerce company in the Peoples Republic of China More
Meiwu Technology 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 Meiwu Technology'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 Meiwu Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | 0.2057 | |||
| Maximum Drawdown | 18.29 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 11.39 |
Meiwu Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meiwu Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meiwu Technology's standard deviation. In reality, there are many statistical measures that can use Meiwu Technology historical prices to predict the future Meiwu Technology's volatility.| Risk Adjusted Performance | 0.1686 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | 0.6074 | |||
| Sortino Ratio | 0.2842 | |||
| Treynor Ratio | (1.14) |
Meiwu Technology Backtested Returns
Meiwu Technology is dangerous given 3 months investment horizon. Meiwu Technology has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Meiwu Technology Downside Deviation of 3.16, risk adjusted performance of 0.1686, and Mean Deviation of 3.17 to evaluate company specific risk that cannot be diversified away. Meiwu Technology holds a performance score of 18 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meiwu Technology are expected to decrease at a much lower rate. During the bear market, Meiwu Technology is likely to outperform the market. Use Meiwu Technology maximum drawdown, as well as the relationship between the skewness and market facilitation index , to analyze future returns on Meiwu Technology.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Meiwu Technology Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Meiwu Technology time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 Meiwu Technology price movement. The serial correlation of -0.18 indicates that over 18.0% of current Meiwu Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Meiwu Technology lagged returns against current returns
Autocorrelation, which is Meiwu Technology 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 Meiwu Technology's stock expected returns. We can calculate the autocorrelation of Meiwu Technology returns to help us make a trade decision. For example, suppose you find that Meiwu Technology 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 |
Meiwu Technology 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 Meiwu Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meiwu Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meiwu Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Meiwu Technology Lagged Returns
When evaluating Meiwu Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meiwu Technology stock have on its future price. Meiwu Technology 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, Meiwu Technology autocorrelation shows the relationship between Meiwu Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Meiwu Technology Co.
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 Meiwu Stock Analysis
When running Meiwu Technology's price analysis, check to measure Meiwu Technology'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 Meiwu Technology is operating at the current time. Most of Meiwu Technology's value examination focuses on studying past and present price action to predict the probability of Meiwu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiwu Technology's price. Additionally, you may evaluate how the addition of Meiwu Technology to your portfolios can decrease your overall portfolio volatility.