World Houseware Limited Stock Market Value

WHWRF Stock  USD 0.05  0.00  0.00%   
World Houseware's market value is the price at which a share of World Houseware trades on a public exchange. It measures the collective expectations of World Houseware Limited investors about its performance. World Houseware is trading at 0.05 as of the 5th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.05.
With this module, you can estimate the performance of a buy and hold strategy of World Houseware Limited and determine expected loss or profit from investing in World Houseware over a given investment horizon. Check out World Houseware Correlation, World Houseware Volatility and World Houseware Alpha and Beta module to complement your research on World Houseware.
Symbol

Please note, there is a significant difference between World Houseware's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Houseware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Houseware'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 Houseware '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 Houseware'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 World Houseware.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in World Houseware on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding World Houseware Limited or generate 0.0% return on investment in World Houseware over 30 days. World Houseware is related to or competes with Trane Technologies, Masco, Quanex Building, Jeld Wen, Azek, Carrier Global, and Lennox International. World Houseware Limited, an investment holding company, manufactures and distributes household products, PVC pipes and f... More

World Houseware 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 Houseware'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 World Houseware Limited upside and downside potential and time the market with a certain degree of confidence.

World Houseware Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for World Houseware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Houseware's standard deviation. In reality, there are many statistical measures that can use World Houseware historical prices to predict the future World Houseware's volatility.
Hype
Prediction
LowEstimatedHigh
0.050.050.05
Details
Intrinsic
Valuation
LowRealHigh
0.040.040.06
Details

World Houseware Backtested Returns

We have found three technical indicators for World Houseware, 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 Houseware are completely uncorrelated.

Auto-correlation

    
  1.00  

Perfect predictability

World Houseware Limited has perfect predictability. Overlapping area represents the amount of predictability between World Houseware time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 World Houseware price movement. The serial correlation of 1.0 indicates that 100.0% of current World Houseware price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

World Houseware lagged returns against current returns

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

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

World Houseware Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in World Pink Sheet

World Houseware financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Houseware security.