WA Kaolin (Australia) Market Value
| WAK Stock | 0.06 0 3.51% |
| Symbol | WAK |
WA Kaolin '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 WA Kaolin'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 WA Kaolin.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in WA Kaolin on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding WA Kaolin or generate 0.0% return on investment in WA Kaolin over 90 days. WA Kaolin is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, Sandfire Resources, Aneka Tambang, Perseus Mining, and De Grey. WA Kaolin is entity of Australia. It is traded as Stock on AU exchange. More
WA Kaolin 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 WA Kaolin'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 WA Kaolin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.78 | |||
| Information Ratio | 0.0508 | |||
| Maximum Drawdown | 15.29 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 7.27 |
WA Kaolin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WA Kaolin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WA Kaolin's standard deviation. In reality, there are many statistical measures that can use WA Kaolin historical prices to predict the future WA Kaolin's volatility.| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 0.3871 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0347 | |||
| Treynor Ratio | (0.40) |
WA Kaolin Backtested Returns
WA Kaolin appears to be out of control, given 3 months investment horizon. WA Kaolin retains Efficiency (Sharpe Ratio) of 0.0929, which attests that the company had a 0.0929% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for WA Kaolin, which you can use to evaluate the volatility of the entity. Please utilize WA Kaolin's standard deviation of 3.27, and Market Risk Adjusted Performance of (0.39) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WA Kaolin holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WA Kaolin are expected to decrease at a much lower rate. During the bear market, WA Kaolin is likely to outperform the market. Please check WA Kaolin's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether WA Kaolin's current price history will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
WA Kaolin has insignificant reverse predictability. Overlapping area represents the amount of predictability between WA Kaolin time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 WA Kaolin price movement. The serial correlation of -0.14 indicates that less than 14.0% of current WA Kaolin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WA Kaolin lagged returns against current returns
Autocorrelation, which is WA Kaolin 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 WA Kaolin's stock expected returns. We can calculate the autocorrelation of WA Kaolin returns to help us make a trade decision. For example, suppose you find that WA Kaolin 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 |
WA Kaolin 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 WA Kaolin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WA Kaolin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WA Kaolin stock over time.
Current vs Lagged Prices |
| Timeline |
WA Kaolin Lagged Returns
When evaluating WA Kaolin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WA Kaolin stock have on its future price. WA Kaolin 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, WA Kaolin autocorrelation shows the relationship between WA Kaolin stock current value and its past values and can show if there is a momentum factor associated with investing in WA Kaolin.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for WAK Stock Analysis
When running WA Kaolin's price analysis, check to measure WA Kaolin'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 WA Kaolin is operating at the current time. Most of WA Kaolin's value examination focuses on studying past and present price action to predict the probability of WA Kaolin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA Kaolin's price. Additionally, you may evaluate how the addition of WA Kaolin to your portfolios can decrease your overall portfolio volatility.