Marketing Worldwide Stock Market Value
| MWWC Stock | USD 0.0002 0.0001 33.33% |
| Symbol | Marketing |
Marketing Worldwide '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 Marketing Worldwide's pink sheet 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 Marketing Worldwide.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Marketing Worldwide on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Marketing Worldwide or generate 0.0% return on investment in Marketing Worldwide over 90 days. Marketing Worldwide is related to or competes with Allison Transmission, Luminar Technologies, Lear, BorgWarner, Autoliv, Fox Factory, and LKQ. Marketing Worldwide Corporation, through its subsidiaries, engages in the design, manufacture, painting, and distributio... More
Marketing Worldwide 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 Marketing Worldwide's pink sheet 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 Marketing Worldwide upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 40.82 | |||
| Information Ratio | 0.1532 | |||
| Maximum Drawdown | 250.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Marketing Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marketing Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marketing Worldwide's standard deviation. In reality, there are many statistical measures that can use Marketing Worldwide historical prices to predict the future Marketing Worldwide's volatility.| Risk Adjusted Performance | 0.1292 | |||
| Jensen Alpha | 8.0 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.17 | |||
| Treynor Ratio | (0.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marketing Worldwide'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.
Marketing Worldwide Backtested Returns
Marketing Worldwide is out of control given 3 months investment horizon. Marketing Worldwide has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 7.14% are justified by taking the suggested risk. Use Marketing Worldwide Mean Deviation of 27.52, risk adjusted performance of 0.1292, and Downside Deviation of 40.82 to evaluate company specific risk that cannot be diversified away. Marketing Worldwide holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -7.79, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Marketing Worldwide are expected to decrease by larger amounts. On the other hand, during market turmoil, Marketing Worldwide is expected to outperform it. Use Marketing Worldwide value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Marketing Worldwide.
Auto-correlation | 0.08 |
Virtually no predictability
Marketing Worldwide has virtually no predictability. Overlapping area represents the amount of predictability between Marketing Worldwide time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 Marketing Worldwide price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Marketing Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Marketing Worldwide lagged returns against current returns
Autocorrelation, which is Marketing Worldwide pink sheet'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 Marketing Worldwide's pink sheet expected returns. We can calculate the autocorrelation of Marketing Worldwide returns to help us make a trade decision. For example, suppose you find that Marketing Worldwide has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Marketing Worldwide 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 Marketing Worldwide pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marketing Worldwide pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marketing Worldwide pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Marketing Worldwide Lagged Returns
When evaluating Marketing Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marketing Worldwide pink sheet have on its future price. Marketing Worldwide 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, Marketing Worldwide autocorrelation shows the relationship between Marketing Worldwide pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Marketing Worldwide.
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 Marketing Pink Sheet
Marketing Worldwide financial ratios help investors to determine whether Marketing Pink Sheet 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 Marketing with respect to the benefits of owning Marketing Worldwide security.