Westwater Resources (Germany) Market Value
| UCCP Stock | EUR 0.53 0.04 7.02% |
| Symbol | Westwater |
Westwater Resources '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 Westwater Resources' 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 Westwater Resources.
| 02/06/2025 |
| 03/08/2025 |
If you would invest 0.00 in Westwater Resources on February 6, 2025 and sell it all today you would earn a total of 0.00 from holding Westwater Resources or generate 0.0% return on investment in Westwater Resources over 30 days. Westwater Resources is related to or competes with Nomad Foods, CVW CLEANTECH, ULTRA CLEAN, UNITED RENTALS, Global Ship, and GWILLI FOOD. Westwater Resources, Inc. operates as an energy materials developer More
Westwater Resources 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 Westwater Resources' 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 Westwater Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.52 | |||
| Information Ratio | 0.0504 | |||
| Maximum Drawdown | 70.4 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 15.56 |
Westwater Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westwater Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westwater Resources' standard deviation. In reality, there are many statistical measures that can use Westwater Resources historical prices to predict the future Westwater Resources' volatility.| Risk Adjusted Performance | 0.0435 | |||
| Jensen Alpha | 0.4038 | |||
| Total Risk Alpha | 1.28 | |||
| Sortino Ratio | 0.0718 | |||
| Treynor Ratio | 2.71 |
Westwater Resources Backtested Returns
Westwater Resources appears to be out of control, given 3 months investment horizon. Westwater Resources shows Sharpe Ratio of 0.0322, which attests that the company had a 0.0322 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Westwater Resources, which you can use to evaluate the volatility of the company. Please utilize Westwater Resources' Mean Deviation of 5.24, market risk adjusted performance of 2.72, and Downside Deviation of 6.52 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Westwater Resources holds a performance score of 2. The firm maintains a market beta of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Westwater Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Westwater Resources is expected to be smaller as well. Please check Westwater Resources' treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Westwater Resources' historical returns will revert.
Auto-correlation | 0.43 |
Average predictability
Westwater Resources has average predictability. Overlapping area represents the amount of predictability between Westwater Resources time series from 6th of February 2025 to 21st of February 2025 and 21st of February 2025 to 8th of March 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 Westwater Resources price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Westwater Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Westwater Resources lagged returns against current returns
Autocorrelation, which is Westwater Resources 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 Westwater Resources' stock expected returns. We can calculate the autocorrelation of Westwater Resources returns to help us make a trade decision. For example, suppose you find that Westwater Resources 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 |
Westwater Resources 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 Westwater Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westwater Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westwater Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Westwater Resources Lagged Returns
When evaluating Westwater Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westwater Resources stock have on its future price. Westwater Resources 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, Westwater Resources autocorrelation shows the relationship between Westwater Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Westwater Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Westwater Stock
When determining whether Westwater Resources is a strong investment it is important to analyze Westwater Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Westwater Resources' future performance. For an informed investment choice regarding Westwater Stock, refer to the following important reports:Check out Westwater Resources Correlation, Westwater Resources Volatility and Westwater Resources Alpha and Beta module to complement your research on Westwater Resources. For more detail on how to invest in Westwater Stock please use our How to Invest in Westwater Resources guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Westwater Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.