Worlds Inc Stock Price on August 2, 2024
| WDDD Stock | USD 0.01 0 22.33% |
If you're considering investing in Worlds OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Worlds stands at 0.01, as last reported on the 2nd of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Worlds is out of control given 3 months investment horizon. Worlds Inc shows Sharpe Ratio of 0.0549, which attests that the company had a 0.0549% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Worlds Inc Market Risk Adjusted Performance of 1.59, downside deviation of 27.77, and Mean Deviation of 17.49 to evaluate company specific risk that cannot be diversified away.
Worlds OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Worlds |
Sharpe Ratio = 0.0549
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Estimated Market Risk
| 20.57 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Worlds is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Worlds by adding it to a well-diversified portfolio.
Worlds Valuation on August 2, 2024
It is possible to determine the worth of Worlds on a given historical date. On August 2, 2024 Worlds was worth 0.015 at the beginning of the trading date compared to the closed value of 0.015. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Worlds otc stock. Still, in general, we apply an absolute valuation method to find Worlds' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Worlds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Worlds' related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.01 | 20,600 | |
08/02/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.02 | 0.01 | 0.02 | 48,500 |
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Worlds Trading Date Momentum on August 2, 2024
| On August 05 2024 Worlds Inc was traded for 0.02 at the closing time. The top price for the day was 0.02 and the lowest listed price was 0.01 . The trading volume for the day was 48.5 K. The trading history from August 5, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 33.33% . The trading price change against the current closing price is 33.33% . |
Worlds Inc Fundamentals Correlations and Trends
By evaluating Worlds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Worlds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Worlds financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Worlds OTC Stock history
Worlds investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Worlds is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Worlds Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Worlds stock prices may prove useful in developing a viable investing in Worlds
Worlds Inc. designs and develops software, content, and related technology for the creation of interactive three-dimensional Internet Websites. The company was formerly known as Worlds.com Inc. and changed its name to Worlds Inc. in February 2011. WORLDS INC operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 1 people.
Worlds OTC Stock Technical Analysis
Worlds technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Worlds Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Worlds December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Worlds otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Worlds shares will generate the highest return on investment. By undertsting and applying Worlds otc stock market strength indicators, traders can identify Worlds Inc entry and exit signals to maximize returns
Worlds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Worlds' price direction in advance. Along with the technical and fundamental analysis of Worlds OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Worlds to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0943 | |||
| Jensen Alpha | 3.3 | |||
| Total Risk Alpha | (1.85) | |||
| Sortino Ratio | 0.1247 | |||
| Treynor Ratio | 1.58 |
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| Volume Indicators |
Complementary Tools for Worlds OTC Stock analysis
When running Worlds' price analysis, check to measure Worlds' 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 Worlds is operating at the current time. Most of Worlds' value examination focuses on studying past and present price action to predict the probability of Worlds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worlds' price. Additionally, you may evaluate how the addition of Worlds to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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