Wonders Information (China) Market Value
| 300168 Stock | 8.87 0.25 2.74% |
| Symbol | Wonders |
Wonders Information '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 Wonders Information'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 Wonders Information.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Wonders Information on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Wonders Information or generate 0.0% return on investment in Wonders Information over 30 days. Wonders Information is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, Beijing Roborock, and Beijing Kingsoft. Wonders Information is entity of China. It is traded as Stock on SHE exchange. More
Wonders Information 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 Wonders Information'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 Wonders Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.39 | |||
| Information Ratio | 0.154 | |||
| Maximum Drawdown | 29.52 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.24 |
Wonders Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wonders Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wonders Information's standard deviation. In reality, there are many statistical measures that can use Wonders Information historical prices to predict the future Wonders Information's volatility.| Risk Adjusted Performance | 0.1437 | |||
| Jensen Alpha | 0.9656 | |||
| Total Risk Alpha | 0.1348 | |||
| Sortino Ratio | 0.1977 | |||
| Treynor Ratio | 6.54 |
Wonders Information Backtested Returns
Wonders Information is relatively risky given 3 months investment horizon. Wonders Information shows Sharpe Ratio of 0.2, which attests that the company had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use Wonders Information Market Risk Adjusted Performance of 6.55, downside deviation of 4.39, and Mean Deviation of 3.73 to evaluate company specific risk that cannot be diversified away. Wonders Information holds a performance score of 15 on a scale of zero to a hundred. The firm maintains a market beta of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wonders Information's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wonders Information is expected to be smaller as well. Use Wonders Information information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Wonders Information.
Auto-correlation | 0.60 |
Good predictability
Wonders Information has good predictability. Overlapping area represents the amount of predictability between Wonders Information 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 Wonders Information price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Wonders Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Wonders Information lagged returns against current returns
Autocorrelation, which is Wonders Information 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 Wonders Information's stock expected returns. We can calculate the autocorrelation of Wonders Information returns to help us make a trade decision. For example, suppose you find that Wonders Information 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 |
Wonders Information 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 Wonders Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wonders Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wonders Information stock over time.
Current vs Lagged Prices |
| Timeline |
Wonders Information Lagged Returns
When evaluating Wonders Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wonders Information stock have on its future price. Wonders Information 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, Wonders Information autocorrelation shows the relationship between Wonders Information stock current value and its past values and can show if there is a momentum factor associated with investing in Wonders Information.
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 Wonders Stock
Wonders Information financial ratios help investors to determine whether Wonders 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 Wonders with respect to the benefits of owning Wonders Information security.