Winning Brands Corp Stock Market Value
| WNBD Stock | USD 0.0001 0.00 0.00% |
| Symbol | Winning |
Winning Brands '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 Winning Brands' 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 Winning Brands.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Winning Brands on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Winning Brands Corp or generate 0.0% return on investment in Winning Brands over 30 days. Winning Brands is related to or competes with L’Oreal Co, Unilever PLC, Kimberly Clark, Clorox, Colgate Palmolive, Inter Parfums, and Honest. Winning Brands Corporation manufactures and sells cleaning products in Canada and internationally More
Winning Brands 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 Winning Brands' 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 Winning Brands Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.113 | |||
| Maximum Drawdown | 100.0 |
Winning Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Winning Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Winning Brands' standard deviation. In reality, there are many statistical measures that can use Winning Brands historical prices to predict the future Winning Brands' volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.34 |
Winning Brands Corp Backtested Returns
Winning Brands is out of control given 3 months investment horizon. Winning Brands Corp shows Sharpe Ratio of 0.32, which attests that the company had a 0.32% return per unit of risk over the last 3 months. We have analyzed sixteen different technical indicators, which can help you to evaluate if expected returns of 103.17% are justified by taking the suggested risk. Use Winning Brands Corp Market Risk Adjusted Performance of 1.35, standard deviation of 12.31, and Mean Deviation of 2.98 to evaluate company specific risk that cannot be diversified away. Winning Brands holds a performance score of 25 on a scale of zero to a hundred. The firm maintains a market beta of 1.13, which attests to a somewhat significant risk relative to the market. Winning Brands returns are very sensitive to returns on the market. As the market goes up or down, Winning Brands is expected to follow. Use Winning Brands Corp treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to analyze future returns on Winning Brands Corp.
Auto-correlation | 0.00 |
No correlation between past and present
Winning Brands Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Winning Brands time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Winning Brands Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Winning Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Winning Brands Corp lagged returns against current returns
Autocorrelation, which is Winning Brands 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 Winning Brands' pink sheet expected returns. We can calculate the autocorrelation of Winning Brands returns to help us make a trade decision. For example, suppose you find that Winning Brands 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 |
Winning Brands 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 Winning Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Winning Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Winning Brands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Winning Brands Lagged Returns
When evaluating Winning Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Winning Brands pink sheet have on its future price. Winning Brands 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, Winning Brands autocorrelation shows the relationship between Winning Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Winning Brands Corp.
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 Winning Pink Sheet
Winning Brands financial ratios help investors to determine whether Winning 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 Winning with respect to the benefits of owning Winning Brands security.