Weiss Korea (UK) Market Value
| WKOF Stock | 168.72 21.22 14.39% |
| Symbol | Weiss |
Weiss Korea '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 Weiss Korea'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 Weiss Korea.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Weiss Korea on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Weiss Korea Opportunity or generate 0.0% return on investment in Weiss Korea over 300 days. Weiss Korea is related to or competes with Baker Steel, Oakley Capital, Diversified Energy, Dentsply Sirona, Zanaga Iron, Seche Environnement, and Veolia Environnement. Weiss Korea is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Weiss Korea 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 Weiss Korea'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 Weiss Korea Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.35 | |||
| Value At Risk | (0.94) |
Weiss Korea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weiss Korea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Weiss Korea's standard deviation. In reality, there are many statistical measures that can use Weiss Korea historical prices to predict the future Weiss Korea's volatility.| Risk Adjusted Performance | 0.0448 | |||
| Jensen Alpha | 0.0775 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.09 |
Weiss Korea Opportunity Backtested Returns
Currently, Weiss Korea Opportunity is very steady. Weiss Korea Opportunity shows Sharpe Ratio of 0.0537, which attests that the company had a 0.0537% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Weiss Korea Opportunity, which you can use to evaluate the volatility of the company. Please check out Weiss Korea's Downside Deviation of 1.71, market risk adjusted performance of 1.1, and Mean Deviation of 0.5229 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Weiss Korea has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of 0.0803, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Weiss Korea's returns are expected to increase less than the market. However, during the bear market, the loss of holding Weiss Korea is expected to be smaller as well. Weiss Korea Opportunity right now maintains a risk of 1.93%. Please check out Weiss Korea Opportunity information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Weiss Korea Opportunity will be following its historical returns.
Auto-correlation | -0.3 |
Weak reverse predictability
Weiss Korea Opportunity has weak reverse predictability. Overlapping area represents the amount of predictability between Weiss Korea time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Weiss Korea Opportunity price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Weiss Korea price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 30.31 |
Weiss Korea Opportunity lagged returns against current returns
Autocorrelation, which is Weiss Korea 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 Weiss Korea's stock expected returns. We can calculate the autocorrelation of Weiss Korea returns to help us make a trade decision. For example, suppose you find that Weiss Korea 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 |
Weiss Korea 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 Weiss Korea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Weiss Korea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Weiss Korea stock over time.
Current vs Lagged Prices |
| Timeline |
Weiss Korea Lagged Returns
When evaluating Weiss Korea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Weiss Korea stock have on its future price. Weiss Korea 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, Weiss Korea autocorrelation shows the relationship between Weiss Korea stock current value and its past values and can show if there is a momentum factor associated with investing in Weiss Korea Opportunity.
Regressed Prices |
| Timeline |
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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.Additional Tools for Weiss Stock Analysis
When running Weiss Korea's price analysis, check to measure Weiss Korea'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 Weiss Korea is operating at the current time. Most of Weiss Korea's value examination focuses on studying past and present price action to predict the probability of Weiss Korea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weiss Korea's price. Additionally, you may evaluate how the addition of Weiss Korea to your portfolios can decrease your overall portfolio volatility.