WOODBOIS (Germany) Market Value
| OB7 Stock | EUR 0 0.00 0.00% |
| Symbol | WOODBOIS |
Please note, there is a significant difference between WOODBOIS's value and its price as these two are different measures arrived at by different means. Investors typically determine if WOODBOIS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WOODBOIS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
WOODBOIS '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 WOODBOIS'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 WOODBOIS.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in WOODBOIS on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding WOODBOIS LTD LS or generate 0.0% return on investment in WOODBOIS over 30 days. WOODBOIS is related to or competes with Globex Mining, ALEFARM BREWING, Hitachi Construction, North American, Daito Trust, and Titan Machinery. More
WOODBOIS 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 WOODBOIS'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 WOODBOIS LTD LS upside and downside potential and time the market with a certain degree of confidence.
WOODBOIS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WOODBOIS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WOODBOIS's standard deviation. In reality, there are many statistical measures that can use WOODBOIS historical prices to predict the future WOODBOIS's volatility.WOODBOIS LTD LS Backtested Returns
We have found three technical indicators for WOODBOIS LTD LS, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and WOODBOIS are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
WOODBOIS LTD LS has no correlation between past and present. Overlapping area represents the amount of predictability between WOODBOIS time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WOODBOIS LTD LS price movement. The serial correlation of 0.0 indicates that just 0.0% of current WOODBOIS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WOODBOIS LTD LS lagged returns against current returns
Autocorrelation, which is WOODBOIS 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 WOODBOIS's stock expected returns. We can calculate the autocorrelation of WOODBOIS returns to help us make a trade decision. For example, suppose you find that WOODBOIS 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 |
WOODBOIS 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 WOODBOIS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WOODBOIS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WOODBOIS stock over time.
Current vs Lagged Prices |
| Timeline |
WOODBOIS Lagged Returns
When evaluating WOODBOIS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WOODBOIS stock have on its future price. WOODBOIS 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, WOODBOIS autocorrelation shows the relationship between WOODBOIS stock current value and its past values and can show if there is a momentum factor associated with investing in WOODBOIS LTD LS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WOODBOIS Stock
WOODBOIS financial ratios help investors to determine whether WOODBOIS 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 WOODBOIS with respect to the benefits of owning WOODBOIS security.