Worldline Sa Stock Market Value
| WWLNF Stock | USD 9.00 0.00 0.00% |
| Symbol | Worldline |
Worldline '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 Worldline's 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 Worldline.
| 11/30/2024 |
| 12/30/2024 |
If you would invest 0.00 in Worldline on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Worldline SA or generate 0.0% return on investment in Worldline over 30 days. Worldline is related to or competes with Skkynet Cloud, Zenvia, BYND Cannasoft, Datasea, and AuthID. Worldline SA provides payments and transactional services to financial institutions, merchants, corporations, and govern... More
Worldline 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 Worldline's 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 Worldline SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1332 | |||
| Maximum Drawdown | 15.8 | |||
| Potential Upside | 4.14 |
Worldline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Worldline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Worldline's standard deviation. In reality, there are many statistical measures that can use Worldline historical prices to predict the future Worldline's volatility.| Risk Adjusted Performance | 0.1222 | |||
| Jensen Alpha | 0.4231 | |||
| Total Risk Alpha | 0.3308 | |||
| Treynor Ratio | (0.85) |
Worldline SA Backtested Returns
Worldline appears to be somewhat reliable, given 3 months investment horizon. Worldline SA shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Worldline SA, which you can use to evaluate the volatility of the company. Please utilize Worldline's Mean Deviation of 1.16, standard deviation of 2.93, and Market Risk Adjusted Performance of (0.84) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Worldline holds a performance score of 11. The firm maintains a market beta of -0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Worldline are expected to decrease at a much lower rate. During the bear market, Worldline is likely to outperform the market. Please check Worldline's variance, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Worldline's historical returns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Worldline SA has no correlation between past and present. Overlapping area represents the amount of predictability between Worldline time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 Worldline SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Worldline 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 |
Worldline SA lagged returns against current returns
Autocorrelation, which is Worldline 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 Worldline's pink sheet expected returns. We can calculate the autocorrelation of Worldline returns to help us make a trade decision. For example, suppose you find that Worldline 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 |
Worldline 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 Worldline pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Worldline pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Worldline pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Worldline Lagged Returns
When evaluating Worldline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Worldline pink sheet have on its future price. Worldline 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, Worldline autocorrelation shows the relationship between Worldline pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Worldline SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Worldline Pink Sheet
Worldline financial ratios help investors to determine whether Worldline 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 Worldline with respect to the benefits of owning Worldline security.