Wiziboat (France) Market Value
| MLWIZ Stock | 5.65 0.00 0.00% |
| Symbol | Wiziboat |
Wiziboat '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 Wiziboat'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 Wiziboat.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Wiziboat on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Wiziboat SA or generate 0.0% return on investment in Wiziboat over 30 days.
Wiziboat 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 Wiziboat'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 Wiziboat SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 4.84 |
Wiziboat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wiziboat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wiziboat's standard deviation. In reality, there are many statistical measures that can use Wiziboat historical prices to predict the future Wiziboat's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.62) |
Wiziboat SA Backtested Returns
Wiziboat SA shows Sharpe Ratio of -0.18, which attests that the company had a -0.18% return per unit of risk over the last 3 months. Wiziboat SA exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wiziboat's Mean Deviation of 0.2667, market risk adjusted performance of (1.61), and Standard Deviation of 0.7856 to validate the risk estimate we provide. The firm maintains a market beta of 0.0909, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wiziboat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wiziboat is expected to be smaller as well. At this point, Wiziboat SA has a negative expected return of -0.14%. Please make sure to check out Wiziboat's risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and day median price , to decide if Wiziboat SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
Wiziboat SA has perfect predictability. Overlapping area represents the amount of predictability between Wiziboat time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Wiziboat SA price movement. The serial correlation of 1.0 indicates that 100.0% of current Wiziboat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wiziboat SA lagged returns against current returns
Autocorrelation, which is Wiziboat 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 Wiziboat's stock expected returns. We can calculate the autocorrelation of Wiziboat returns to help us make a trade decision. For example, suppose you find that Wiziboat 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 |
Wiziboat 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 Wiziboat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wiziboat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wiziboat stock over time.
Current vs Lagged Prices |
| Timeline |
Wiziboat Lagged Returns
When evaluating Wiziboat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wiziboat stock have on its future price. Wiziboat 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, Wiziboat autocorrelation shows the relationship between Wiziboat stock current value and its past values and can show if there is a momentum factor associated with investing in Wiziboat SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Wiziboat Stock Analysis
When running Wiziboat's price analysis, check to measure Wiziboat'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 Wiziboat is operating at the current time. Most of Wiziboat's value examination focuses on studying past and present price action to predict the probability of Wiziboat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wiziboat's price. Additionally, you may evaluate how the addition of Wiziboat to your portfolios can decrease your overall portfolio volatility.