Wuhu Token (China) Market Value
| 300088 Stock | 6.77 0.05 0.73% |
| Symbol | Wuhu |
Wuhu Token '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 Wuhu Token'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 Wuhu Token.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Wuhu Token on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Wuhu Token Sciences or generate 0.0% return on investment in Wuhu Token over 30 days. Wuhu Token is related to or competes with Tieling Newcity, China National, Zhejiang Construction, Tsingtao Brewery, Fujian Boss, Cultural Investment, and Jointo Energy. Wuhu Token is entity of China. It is traded as Stock on SHE exchange. More
Wuhu Token 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 Wuhu Token'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 Wuhu Token Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.57 | |||
| Information Ratio | 0.1165 | |||
| Maximum Drawdown | 28.64 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 10.14 |
Wuhu Token Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wuhu Token's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wuhu Token's standard deviation. In reality, there are many statistical measures that can use Wuhu Token historical prices to predict the future Wuhu Token's volatility.| Risk Adjusted Performance | 0.1153 | |||
| Jensen Alpha | 0.8629 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1805 | |||
| Treynor Ratio | (0.84) |
Wuhu Token Sciences Backtested Returns
Wuhu Token appears to be relatively risky, given 3 months investment horizon. Wuhu Token Sciences shows Sharpe Ratio of 0.0918, which attests that the company had a 0.0918% return per unit of risk over the last 3 months. We have found thirty technical indicators for Wuhu Token Sciences, which you can use to evaluate the volatility of the company. Please utilize Wuhu Token's Downside Deviation of 3.57, mean deviation of 3.9, and Market Risk Adjusted Performance of (0.83) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wuhu Token holds a performance score of 7. The firm maintains a market beta of -0.9, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Wuhu Token are expected to decrease slowly. On the other hand, during market turmoil, Wuhu Token is expected to outperform it slightly. Please check Wuhu Token's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Wuhu Token's historical returns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Wuhu Token Sciences has modest reverse predictability. Overlapping area represents the amount of predictability between Wuhu Token time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Wuhu Token Sciences price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Wuhu Token price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Wuhu Token Sciences lagged returns against current returns
Autocorrelation, which is Wuhu Token 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 Wuhu Token's stock expected returns. We can calculate the autocorrelation of Wuhu Token returns to help us make a trade decision. For example, suppose you find that Wuhu Token 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 |
Wuhu Token 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 Wuhu Token stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wuhu Token stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wuhu Token stock over time.
Current vs Lagged Prices |
| Timeline |
Wuhu Token Lagged Returns
When evaluating Wuhu Token's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wuhu Token stock have on its future price. Wuhu Token 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, Wuhu Token autocorrelation shows the relationship between Wuhu Token stock current value and its past values and can show if there is a momentum factor associated with investing in Wuhu Token Sciences.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Wuhu Stock
Wuhu Token financial ratios help investors to determine whether Wuhu Stock 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 Wuhu with respect to the benefits of owning Wuhu Token security.