Wilcon Depot (Philippines) Market Value
| WLCON Stock | 13.58 0.36 2.58% |
| Symbol | Wilcon |
Wilcon Depot '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 Wilcon Depot'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 Wilcon Depot.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Wilcon Depot on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Wilcon Depot or generate 0.0% return on investment in Wilcon Depot over 30 days. Wilcon Depot is related to or competes with Apex Mining, Semirara Mining, SM Investments, Century Pacific, Allhome Corp, Metro Retail, and Crown Asia. More
Wilcon Depot 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 Wilcon Depot'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 Wilcon Depot upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 10.8 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 3.87 |
Wilcon Depot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilcon Depot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilcon Depot's standard deviation. In reality, there are many statistical measures that can use Wilcon Depot historical prices to predict the future Wilcon Depot's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.98) |
Wilcon Depot Backtested Returns
Wilcon Depot shows Sharpe Ratio of -0.2, which attests that the company had a -0.2% return per unit of risk over the last 3 months. Wilcon Depot exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilcon Depot's Market Risk Adjusted Performance of (0.97), mean deviation of 1.46, and Standard Deviation of 2.01 to validate the risk estimate we provide. The firm maintains a market beta of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wilcon Depot's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilcon Depot is expected to be smaller as well. At this point, Wilcon Depot has a negative expected return of -0.41%. Please make sure to check out Wilcon Depot's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Wilcon Depot performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Wilcon Depot has good predictability. Overlapping area represents the amount of predictability between Wilcon Depot time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Wilcon Depot price movement. The serial correlation of 0.73 indicates that around 73.0% of current Wilcon Depot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Wilcon Depot lagged returns against current returns
Autocorrelation, which is Wilcon Depot 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 Wilcon Depot's stock expected returns. We can calculate the autocorrelation of Wilcon Depot returns to help us make a trade decision. For example, suppose you find that Wilcon Depot 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 |
Wilcon Depot 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 Wilcon Depot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilcon Depot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilcon Depot stock over time.
Current vs Lagged Prices |
| Timeline |
Wilcon Depot Lagged Returns
When evaluating Wilcon Depot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilcon Depot stock have on its future price. Wilcon Depot 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, Wilcon Depot autocorrelation shows the relationship between Wilcon Depot stock current value and its past values and can show if there is a momentum factor associated with investing in Wilcon Depot.
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 Wilcon Stock Analysis
When running Wilcon Depot's price analysis, check to measure Wilcon Depot'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 Wilcon Depot is operating at the current time. Most of Wilcon Depot's value examination focuses on studying past and present price action to predict the probability of Wilcon Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilcon Depot's price. Additionally, you may evaluate how the addition of Wilcon Depot to your portfolios can decrease your overall portfolio volatility.