WuXi AppTec (China) Market Value

603259 Stock   55.79  0.12  0.21%   
WuXi AppTec's market value is the price at which a share of WuXi AppTec trades on a public exchange. It measures the collective expectations of WuXi AppTec Co investors about its performance. WuXi AppTec is trading at 55.79 as of the 23rd of December 2024, a 0.21 percent decrease since the beginning of the trading day. The stock's open price was 55.91.
With this module, you can estimate the performance of a buy and hold strategy of WuXi AppTec Co and determine expected loss or profit from investing in WuXi AppTec over a given investment horizon. Check out WuXi AppTec Correlation, WuXi AppTec Volatility and WuXi AppTec Alpha and Beta module to complement your research on WuXi AppTec.
Symbol

Please note, there is a significant difference between WuXi AppTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if WuXi AppTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WuXi AppTec'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.

WuXi AppTec '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 WuXi AppTec'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 WuXi AppTec.
0.00
10/24/2024
No Change 0.00  0.0 
In 2 months and 1 day
12/23/2024
0.00
If you would invest  0.00  in WuXi AppTec on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding WuXi AppTec Co or generate 0.0% return on investment in WuXi AppTec over 60 days. WuXi AppTec is related to or competes with Poly Real, China Vanke, China Merchants, Huafa Industrial, China International, Kweichow Moutai, and Xiamen CD. WuXi AppTec is entity of China. It is traded as Stock on SHG exchange. More

WuXi AppTec 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 WuXi AppTec'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 WuXi AppTec Co upside and downside potential and time the market with a certain degree of confidence.

WuXi AppTec Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WuXi AppTec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WuXi AppTec's standard deviation. In reality, there are many statistical measures that can use WuXi AppTec historical prices to predict the future WuXi AppTec's volatility.
Hype
Prediction
LowEstimatedHigh
52.4455.7959.14
Details
Intrinsic
Valuation
LowRealHigh
46.3049.6561.37
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as WuXi AppTec. Your research has to be compared to or analyzed against WuXi AppTec's peers to derive any actionable benefits. When done correctly, WuXi AppTec's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in WuXi AppTec.

WuXi AppTec Backtested Returns

WuXi AppTec appears to be very steady, given 3 months investment horizon. WuXi AppTec 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. By examining WuXi AppTec's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize WuXi AppTec's Market Risk Adjusted Performance of 24.38, downside deviation of 2.33, and Mean Deviation of 2.31 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WuXi AppTec holds a performance score of 11. The firm maintains a market beta of 0.0247, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WuXi AppTec's returns are expected to increase less than the market. However, during the bear market, the loss of holding WuXi AppTec is expected to be smaller as well. Please check WuXi AppTec's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether WuXi AppTec's historical returns will revert.

Auto-correlation

    
  0.62  

Good predictability

WuXi AppTec Co has good predictability. Overlapping area represents the amount of predictability between WuXi AppTec time series from 24th of October 2024 to 23rd of November 2024 and 23rd of November 2024 to 23rd 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 WuXi AppTec price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current WuXi AppTec price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test-0.17
Residual Average0.0
Price Variance10.4

WuXi AppTec lagged returns against current returns

Autocorrelation, which is WuXi AppTec 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 WuXi AppTec's stock expected returns. We can calculate the autocorrelation of WuXi AppTec returns to help us make a trade decision. For example, suppose you find that WuXi AppTec 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  

WuXi AppTec 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 WuXi AppTec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WuXi AppTec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WuXi AppTec stock over time.
   Current vs Lagged Prices   
       Timeline  

WuXi AppTec Lagged Returns

When evaluating WuXi AppTec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WuXi AppTec stock have on its future price. WuXi AppTec 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, WuXi AppTec autocorrelation shows the relationship between WuXi AppTec stock current value and its past values and can show if there is a momentum factor associated with investing in WuXi AppTec Co.
   Regressed Prices   
       Timeline  

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Other Information on Investing in WuXi Stock

WuXi AppTec financial ratios help investors to determine whether WuXi Stock 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 WuXi with respect to the benefits of owning WuXi AppTec security.