WI LAN (Germany) Market Value
| WJL Stock | EUR 1.18 0.03 2.61% |
| Symbol | WJL |
WI LAN '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 WI LAN'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 WI LAN.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in WI LAN on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding WI LAN or generate 0.0% return on investment in WI LAN over 30 days. WI LAN is related to or competes with HK Electric, Strategic Investments, New Residential, Clean Energy, EAT WELL, JAPAN TOBACCO, and Ultra Clean. More
WI LAN 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 WI LAN'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 WI LAN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.04 | |||
| Information Ratio | 0.0364 | |||
| Maximum Drawdown | 19.19 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 5.88 |
WI LAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WI LAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WI LAN's standard deviation. In reality, there are many statistical measures that can use WI LAN historical prices to predict the future WI LAN's volatility.| Risk Adjusted Performance | 0.0657 | |||
| Jensen Alpha | 0.1439 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | 0.3059 |
WI LAN Backtested Returns
WI LAN appears to be dangerous, given 3 months investment horizon. WI LAN retains Efficiency (Sharpe Ratio) of 0.0673, which attests that the company had a 0.0673% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for WI LAN, which you can use to evaluate the volatility of the company. Please utilize WI LAN's standard deviation of 3.18, and Market Risk Adjusted Performance of 0.3159 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WI LAN holds a performance score of 5. The firm owns a Beta (Systematic Risk) of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WI LAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding WI LAN is expected to be smaller as well. Please check WI LAN's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether WI LAN's current price history will revert.
Auto-correlation | -0.6 |
Good reverse predictability
WI LAN has good reverse predictability. Overlapping area represents the amount of predictability between WI LAN time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 WI LAN price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current WI LAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WI LAN lagged returns against current returns
Autocorrelation, which is WI LAN 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 WI LAN's stock expected returns. We can calculate the autocorrelation of WI LAN returns to help us make a trade decision. For example, suppose you find that WI LAN 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 |
WI LAN 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 WI LAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WI LAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WI LAN stock over time.
Current vs Lagged Prices |
| Timeline |
WI LAN Lagged Returns
When evaluating WI LAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WI LAN stock have on its future price. WI LAN 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, WI LAN autocorrelation shows the relationship between WI LAN stock current value and its past values and can show if there is a momentum factor associated with investing in WI LAN.
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 WJL Stock
WI LAN financial ratios help investors to determine whether WJL 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 WJL with respect to the benefits of owning WI LAN security.