World Am Stock Market Value
| WOAM Stock | USD 0.0001 0.00 0.00% |
| Symbol | World |
World Am Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Am. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Am listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of World Am is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Am's value that differs from its market value or its book value, called intrinsic value, which is World Am's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Am's market value can be influenced by many factors that don't directly affect World Am's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Am's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Am is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Am's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
World Am '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 World Am'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 World Am.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in World Am on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding World Am or generate 0.0% return on investment in World Am over 30 days. World Am, Inc., through its subsidiaries, develops, manufactures, and distributes automated passage control and security... More
World Am 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 World Am'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 World Am upside and downside potential and time the market with a certain degree of confidence.
World Am Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Am's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Am's standard deviation. In reality, there are many statistical measures that can use World Am historical prices to predict the future World Am's volatility.World Am Backtested Returns
We have found three technical indicators for World Am, which you can use to evaluate the volatility of the company. The firm maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and World Am are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
World Am has no correlation between past and present. Overlapping area represents the amount of predictability between World Am time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of World Am price movement. The serial correlation of 0.0 indicates that just 0.0% of current World Am 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 |
World Am lagged returns against current returns
Autocorrelation, which is World Am 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 World Am's stock expected returns. We can calculate the autocorrelation of World Am returns to help us make a trade decision. For example, suppose you find that World Am 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 |
World Am 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 World Am stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if World Am stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in World Am stock over time.
Current vs Lagged Prices |
| Timeline |
World Am Lagged Returns
When evaluating World Am's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of World Am stock have on its future price. World Am 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, World Am autocorrelation shows the relationship between World Am stock current value and its past values and can show if there is a momentum factor associated with investing in World Am.
Regressed Prices |
| Timeline |
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World Am technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.