Wynn Macau Stock Market Value
| WYNMF Stock | USD 0.72 0.01 1.37% |
| Symbol | Wynn |
Wynn Macau '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 Wynn Macau'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 Wynn Macau.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Wynn Macau on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Wynn Macau or generate 0.0% return on investment in Wynn Macau over 570 days. Wynn Macau is related to or competes with Studio City, Monarch Casino, Playa Hotels, Las Vegas, MGM Resorts, Caesars Entertainment, and Wynn Resorts. Wynn Macau, Limited, together with its subsidiaries, develops, owns, and operates the Wynn Palace and Wynn Macau casino ... More
Wynn Macau 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 Wynn Macau'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 Wynn Macau upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.33 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 17.37 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 6.74 |
Wynn Macau Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wynn Macau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wynn Macau's standard deviation. In reality, there are many statistical measures that can use Wynn Macau historical prices to predict the future Wynn Macau's volatility.| Risk Adjusted Performance | 0.031 | |||
| Jensen Alpha | 0.1097 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (3.25) |
Wynn Macau Backtested Returns
At this point, Wynn Macau is abnormally volatile. Wynn Macau shows Sharpe Ratio of 0.0302, which attests that the company had a 0.0302% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wynn Macau, which you can use to evaluate the volatility of the company. Please check out Wynn Macau's Market Risk Adjusted Performance of (3.24), mean deviation of 2.53, and Downside Deviation of 5.33 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Wynn Macau has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of -0.0326, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wynn Macau are expected to decrease at a much lower rate. During the bear market, Wynn Macau is likely to outperform the market. Wynn Macau right now maintains a risk of 3.7%. Please check out Wynn Macau value at risk, as well as the relationship between the skewness and day typical price , to decide if Wynn Macau will be following its historical returns.
Auto-correlation | 0.52 |
Modest predictability
Wynn Macau has modest predictability. Overlapping area represents the amount of predictability between Wynn Macau time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 Wynn Macau price movement. The serial correlation of 0.52 indicates that about 52.0% of current Wynn Macau price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Wynn Macau lagged returns against current returns
Autocorrelation, which is Wynn Macau 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 Wynn Macau's pink sheet expected returns. We can calculate the autocorrelation of Wynn Macau returns to help us make a trade decision. For example, suppose you find that Wynn Macau 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 |
Wynn Macau 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 Wynn Macau pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wynn Macau pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wynn Macau pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wynn Macau Lagged Returns
When evaluating Wynn Macau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wynn Macau pink sheet have on its future price. Wynn Macau 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, Wynn Macau autocorrelation shows the relationship between Wynn Macau pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wynn Macau.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wynn Pink Sheet
Wynn Macau financial ratios help investors to determine whether Wynn 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 Wynn with respect to the benefits of owning Wynn Macau security.