Wandisco Plc Stock Market Value
| WANSF Stock | USD 0.25 0.05 25.00% |
| Symbol | WANdisco |
WANdisco Plc '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 WANdisco Plc'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 WANdisco Plc.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in WANdisco Plc on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding WANdisco plc or generate 0.0% return on investment in WANdisco Plc over 30 days. WANdisco Plc is related to or competes with Snowflake, Zoom Video, C3 Ai, Trade Desk, and Salesforce. WANdisco plc engages in the development and provision of collaboration software in North America, Europe, and internatio... More
WANdisco Plc 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 WANdisco Plc'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 WANdisco plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1636 | |||
| Maximum Drawdown | 995.73 | |||
| Value At Risk | (21.15) | |||
| Potential Upside | 26.83 |
WANdisco Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WANdisco Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WANdisco Plc's standard deviation. In reality, there are many statistical measures that can use WANdisco Plc historical prices to predict the future WANdisco Plc's volatility.| Risk Adjusted Performance | 0.1361 | |||
| Jensen Alpha | 24.09 | |||
| Total Risk Alpha | 1.03 | |||
| Treynor Ratio | 6.13 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WANdisco Plc'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.
WANdisco plc Backtested Returns
WANdisco Plc is out of control given 3 months investment horizon. WANdisco plc shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of standard deviation over the last 3 months. We are able to interpolate and collect twenty-two different technical indicators, which can help you to evaluate if expected returns of 25.29% are justified by taking the suggested risk. Use WANdisco plc Risk Adjusted Performance of 0.1361, mean deviation of 51.5, and Standard Deviation of 149.49 to evaluate company specific risk that cannot be diversified away. WANdisco Plc holds a performance score of 13 on a scale of zero to a hundred. The firm maintains a market beta of 4.01, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, WANdisco Plc will likely underperform. Use WANdisco plc total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to analyze future returns on WANdisco plc.
Auto-correlation | -0.39 |
Poor reverse predictability
WANdisco plc has poor reverse predictability. Overlapping area represents the amount of predictability between WANdisco Plc time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 WANdisco plc price movement. The serial correlation of -0.39 indicates that just about 39.0% of current WANdisco Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
WANdisco plc lagged returns against current returns
Autocorrelation, which is WANdisco Plc 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 WANdisco Plc's pink sheet expected returns. We can calculate the autocorrelation of WANdisco Plc returns to help us make a trade decision. For example, suppose you find that WANdisco Plc 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 |
WANdisco Plc 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 WANdisco Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WANdisco Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WANdisco Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
WANdisco Plc Lagged Returns
When evaluating WANdisco Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WANdisco Plc pink sheet have on its future price. WANdisco Plc 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, WANdisco Plc autocorrelation shows the relationship between WANdisco Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in WANdisco plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WANdisco Pink Sheet
WANdisco Plc financial ratios help investors to determine whether WANdisco 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 WANdisco with respect to the benefits of owning WANdisco Plc security.