Wildpack Beverage Stock Market Value
| CANS Stock | 0.01 0.01 100.00% |
| Symbol | Wildpack |
Wildpack Beverage Price To Book Ratio
Wildpack Beverage '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 Wildpack Beverage'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 Wildpack Beverage.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Wildpack Beverage on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Wildpack Beverage or generate 0.0% return on investment in Wildpack Beverage over 30 days. Wildpack Beverage is related to or competes with Flow Beverage, IShares Canadian, Altagas Cum, European Residential, RBC Discount, and IShares SPTSX. Wildpack Beverage is entity of Canada. It is traded as Stock on V exchange. More
Wildpack Beverage 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 Wildpack Beverage'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 Wildpack Beverage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 44.0 | |||
| Information Ratio | 0.1472 | |||
| Maximum Drawdown | 250.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Wildpack Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wildpack Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wildpack Beverage's standard deviation. In reality, there are many statistical measures that can use Wildpack Beverage historical prices to predict the future Wildpack Beverage's volatility.| Risk Adjusted Performance | 0.1187 | |||
| Jensen Alpha | 6.52 | |||
| Total Risk Alpha | 0.397 | |||
| Sortino Ratio | 0.1398 | |||
| Treynor Ratio | (2.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wildpack Beverage'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.
Wildpack Beverage Backtested Returns
Wildpack Beverage is out of control given 3 months investment horizon. Wildpack Beverage shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% 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 5.77% are justified by taking the suggested risk. Use Wildpack Beverage Market Risk Adjusted Performance of (2.33), downside deviation of 44.0, and Mean Deviation of 24.11 to evaluate company specific risk that cannot be diversified away. Wildpack Beverage holds a performance score of 10 on a scale of zero to a hundred. The firm maintains a market beta of -2.67, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wildpack Beverage are expected to decrease by larger amounts. On the other hand, during market turmoil, Wildpack Beverage is expected to outperform it. Use Wildpack Beverage coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to analyze future returns on Wildpack Beverage.
Auto-correlation | -0.1 |
Very weak reverse predictability
Wildpack Beverage has very weak reverse predictability. Overlapping area represents the amount of predictability between Wildpack Beverage time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Wildpack Beverage price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Wildpack Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wildpack Beverage lagged returns against current returns
Autocorrelation, which is Wildpack Beverage 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 Wildpack Beverage's stock expected returns. We can calculate the autocorrelation of Wildpack Beverage returns to help us make a trade decision. For example, suppose you find that Wildpack Beverage 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 |
Wildpack Beverage 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 Wildpack Beverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wildpack Beverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wildpack Beverage stock over time.
Current vs Lagged Prices |
| Timeline |
Wildpack Beverage Lagged Returns
When evaluating Wildpack Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wildpack Beverage stock have on its future price. Wildpack Beverage 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, Wildpack Beverage autocorrelation shows the relationship between Wildpack Beverage stock current value and its past values and can show if there is a momentum factor associated with investing in Wildpack Beverage.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Wildpack Stock Analysis
When running Wildpack Beverage's price analysis, check to measure Wildpack Beverage's 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 Wildpack Beverage is operating at the current time. Most of Wildpack Beverage's value examination focuses on studying past and present price action to predict the probability of Wildpack Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wildpack Beverage's price. Additionally, you may evaluate how the addition of Wildpack Beverage to your portfolios can decrease your overall portfolio volatility.