Wirecard Ag Stock Market Value
| WRCDF Stock | USD 0.01 0.00 0.00% |
| Symbol | Wirecard |
Wirecard '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 Wirecard'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 Wirecard.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in Wirecard on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Wirecard AG or generate 0.0% return on investment in Wirecard over 30 days. Wirecard is related to or competes with WH Group. Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide More
Wirecard 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 Wirecard'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 Wirecard AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1218 | |||
| Maximum Drawdown | 9900.0 |
Wirecard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wirecard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wirecard's standard deviation. In reality, there are many statistical measures that can use Wirecard historical prices to predict the future Wirecard's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 146.98 | |||
| Total Risk Alpha | 114.56 | |||
| Treynor Ratio | 2.18 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wirecard's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wirecard AG Backtested Returns
Wirecard is out of control given 3 months investment horizon. Wirecard AG shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down sixteen different technical indicators, which can help you to evaluate if expected returns of 14.08% are justified by taking the suggested risk. Use Wirecard AG Mean Deviation of 295.5, market risk adjusted performance of 2.19, and Standard Deviation of 1218.85 to evaluate company specific risk that cannot be diversified away. Wirecard holds a performance score of 8 on a scale of zero to a hundred. The firm maintains a market beta of 67.99, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wirecard will likely underperform. Use Wirecard AG standard deviation and the relationship between the treynor ratio and day typical price , to analyze future returns on Wirecard AG.
Auto-correlation | 1.00 |
Perfect predictability
Wirecard AG has perfect predictability. Overlapping area represents the amount of predictability between Wirecard time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 Wirecard AG price movement. The serial correlation of 1.0 indicates that 100.0% of current Wirecard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wirecard AG lagged returns against current returns
Autocorrelation, which is Wirecard 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 Wirecard's pink sheet expected returns. We can calculate the autocorrelation of Wirecard returns to help us make a trade decision. For example, suppose you find that Wirecard 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 |
Wirecard 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 Wirecard pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wirecard pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wirecard pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wirecard Lagged Returns
When evaluating Wirecard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wirecard pink sheet have on its future price. Wirecard 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, Wirecard autocorrelation shows the relationship between Wirecard pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wirecard AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wirecard Pink Sheet
Wirecard financial ratios help investors to determine whether Wirecard 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 Wirecard with respect to the benefits of owning Wirecard security.