Wynn Macau Ltd Stock Market Value
| WYNMY Stock | USD 7.54 0.15 1.95% |
| 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.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Wynn Macau on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Wynn Macau Ltd or generate 0.0% return on investment in Wynn Macau over 570 days. Wynn Macau is related to or competes with Nagacorp, Genting Malaysia, La Française, Koito Manufacturing, Bellway Plc, Berkeley Group, and Jumbo SA. 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 Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.19 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 3.01 |
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 | (0.08) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.41) |
Wynn Macau Backtested Returns
Wynn Macau shows Sharpe Ratio of -0.18, which attests that the company had a -0.18 % return per unit of risk over the last 3 months. Wynn Macau exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wynn Macau's Standard Deviation of 1.94, market risk adjusted performance of (0.40), and Mean Deviation of 1.44 to validate the risk estimate we provide. The firm maintains a market beta of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wynn Macau's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wynn Macau is expected to be smaller as well. At this point, Wynn Macau has a negative expected return of -0.35%. Please make sure to check out Wynn Macau's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Wynn Macau performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Wynn Macau Ltd has very weak reverse predictability. Overlapping area represents the amount of predictability between Wynn Macau time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st 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 Wynn Macau price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Wynn Macau price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
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 Ltd.
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 Wynn Pink Sheet Analysis
When running Wynn Macau's price analysis, check to measure Wynn Macau'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 Wynn Macau is operating at the current time. Most of Wynn Macau's value examination focuses on studying past and present price action to predict the probability of Wynn Macau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wynn Macau's price. Additionally, you may evaluate how the addition of Wynn Macau to your portfolios can decrease your overall portfolio volatility.