Wialan Technologies Stock Market Value
| WLAN Stock | USD 0 0.0001 8.33% |
| Symbol | Wialan |
Wialan Technologies '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 Wialan Technologies' 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 Wialan Technologies.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Wialan Technologies on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Wialan Technologies or generate 0.0% return on investment in Wialan Technologies over 360 days. WIALAN Technologies, LLC operates as a software and hardware integrator that manufactures industrial grade wireless equi... More
Wialan Technologies 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 Wialan Technologies' 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 Wialan Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.37 | |||
| Information Ratio | 0.0459 | |||
| Maximum Drawdown | 43.08 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 18.75 |
Wialan Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wialan Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wialan Technologies' standard deviation. In reality, there are many statistical measures that can use Wialan Technologies historical prices to predict the future Wialan Technologies' volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.5846 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0413 | |||
| Treynor Ratio | (2.50) |
Wialan Technologies Backtested Returns
Wialan Technologies appears to be out of control, given 3 months investment horizon. Wialan Technologies shows Sharpe Ratio of 0.0455, which attests that the company had a 0.0455% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wialan Technologies, which you can use to evaluate the volatility of the company. Please utilize Wialan Technologies' Market Risk Adjusted Performance of (2.49), downside deviation of 10.37, and Mean Deviation of 6.6 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wialan Technologies holds a performance score of 3. The firm maintains a market beta of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wialan Technologies are expected to decrease at a much lower rate. During the bear market, Wialan Technologies is likely to outperform the market. Please check Wialan Technologies' jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Wialan Technologies' historical returns will revert.
Auto-correlation | 0.48 |
Average predictability
Wialan Technologies has average predictability. Overlapping area represents the amount of predictability between Wialan Technologies time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Wialan Technologies price movement. The serial correlation of 0.48 indicates that about 48.0% of current Wialan Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wialan Technologies lagged returns against current returns
Autocorrelation, which is Wialan Technologies 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 Wialan Technologies' pink sheet expected returns. We can calculate the autocorrelation of Wialan Technologies returns to help us make a trade decision. For example, suppose you find that Wialan Technologies 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 |
Wialan Technologies 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 Wialan Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wialan Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wialan Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wialan Technologies Lagged Returns
When evaluating Wialan Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wialan Technologies pink sheet have on its future price. Wialan Technologies 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, Wialan Technologies autocorrelation shows the relationship between Wialan Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wialan Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Wialan Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wialan Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wialan Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Wialan Pink Sheet
| 0.36 | PG | Procter Gamble Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Wialan Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wialan Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wialan Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wialan Technologies to buy it.
The correlation of Wialan Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wialan Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wialan Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wialan Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Wialan Pink Sheet
Wialan Technologies financial ratios help investors to determine whether Wialan 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 Wialan with respect to the benefits of owning Wialan Technologies security.