Wuxi Apptec Co Stock Market Value
| WUXIF Stock | USD 6.69 0.00 0.00% |
| Symbol | WuXi |
WuXi AppTec '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 WuXi AppTec'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 WuXi AppTec.
| 03/29/2024 |
| 01/23/2025 |
If you would invest 0.00 in WuXi AppTec on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding WuXi AppTec Co or generate 0.0% return on investment in WuXi AppTec over 300 days. WuXi AppTec is related to or competes with Cheesecake Factory, Texas Roadhouse, Grocery Outlet, Shake Shack, Kellanova, Starbucks, and Dominos Pizza. WuXi AppTec Co., Ltd., an investment holding company, provides research, development, and manufacturing services to disc... More
WuXi AppTec 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 WuXi AppTec'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 WuXi AppTec Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1424 | |||
| Maximum Drawdown | 60.5 |
WuXi AppTec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WuXi AppTec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WuXi AppTec's standard deviation. In reality, there are many statistical measures that can use WuXi AppTec historical prices to predict the future WuXi AppTec's volatility.| Risk Adjusted Performance | 0.1328 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | 0.9127 | |||
| Treynor Ratio | 1.07 |
WuXi AppTec Backtested Returns
WuXi AppTec is unstable given 3 months investment horizon. WuXi AppTec shows Sharpe Ratio of 0.15, which attests that the company had a 0.15 % return per unit of risk over the last 3 months. We were able to collect and analyze data for seventeen different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use WuXi AppTec Co Market Risk Adjusted Performance of 1.08, standard deviation of 7.9, and Mean Deviation of 2.6 to evaluate company specific risk that cannot be diversified away. WuXi AppTec holds a performance score of 11 on a scale of zero to a hundred. The firm maintains a market beta of 1.07, which attests to a somewhat significant risk relative to the market. WuXi AppTec returns are very sensitive to returns on the market. As the market goes up or down, WuXi AppTec is expected to follow. Use WuXi AppTec Co market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to analyze future returns on WuXi AppTec Co.
Auto-correlation | 0.18 |
Very weak predictability
WuXi AppTec Co has very weak predictability. Overlapping area represents the amount of predictability between WuXi AppTec time series from 29th of March 2024 to 26th of August 2024 and 26th of August 2024 to 23rd of January 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 WuXi AppTec price movement. The serial correlation of 0.18 indicates that over 18.0% of current WuXi AppTec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
WuXi AppTec lagged returns against current returns
Autocorrelation, which is WuXi AppTec 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 WuXi AppTec's pink sheet expected returns. We can calculate the autocorrelation of WuXi AppTec returns to help us make a trade decision. For example, suppose you find that WuXi AppTec 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 |
WuXi AppTec 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 WuXi AppTec pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WuXi AppTec pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WuXi AppTec pink sheet over time.
Current vs Lagged Prices |
| Timeline |
WuXi AppTec Lagged Returns
When evaluating WuXi AppTec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WuXi AppTec pink sheet have on its future price. WuXi AppTec 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, WuXi AppTec autocorrelation shows the relationship between WuXi AppTec pink sheet current value and its past values and can show if there is a momentum factor associated with investing in WuXi AppTec Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WuXi Pink Sheet
WuXi AppTec financial ratios help investors to determine whether WuXi 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 WuXi with respect to the benefits of owning WuXi AppTec security.