Warpspeed Taxi Stock Market Value
| WRPT Stock | USD 0.07 0.02 24.55% |
| Symbol | WarpSpeed |
WarpSpeed Taxi '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 WarpSpeed Taxi'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 WarpSpeed Taxi.
| 10/01/2024 |
| 12/30/2024 |
If you would invest 0.00 in WarpSpeed Taxi on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding WarpSpeed Taxi or generate 0.0% return on investment in WarpSpeed Taxi over 90 days. WarpSpeed Taxi is related to or competes with EMCOR, Jacobs Solutions, Vistra Energy, Kenon Holdings, NRG Energy, Chart Industries, and Empresa Distribuidora. WarpSpeed Taxi Inc., a development stage company, develops a ride-hailing and food delivery computer and mobile device a... More
WarpSpeed Taxi 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 WarpSpeed Taxi'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 WarpSpeed Taxi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 29.66 | |||
| Information Ratio | 0.1102 | |||
| Maximum Drawdown | 274.66 | |||
| Value At Risk | (24.55) | |||
| Potential Upside | 29.83 |
WarpSpeed Taxi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WarpSpeed Taxi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WarpSpeed Taxi's standard deviation. In reality, there are many statistical measures that can use WarpSpeed Taxi historical prices to predict the future WarpSpeed Taxi's volatility.| Risk Adjusted Performance | 0.0985 | |||
| Jensen Alpha | 3.38 | |||
| Total Risk Alpha | 2.53 | |||
| Sortino Ratio | 0.1132 | |||
| Treynor Ratio | (28.35) |
WarpSpeed Taxi Backtested Returns
WarpSpeed Taxi is out of control given 3 months investment horizon. WarpSpeed Taxi shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.39% are justified by taking the suggested risk. Use WarpSpeed Taxi Market Risk Adjusted Performance of (28.34), mean deviation of 12.23, and Downside Deviation of 29.66 to evaluate company specific risk that cannot be diversified away. WarpSpeed Taxi holds a performance score of 8 on a scale of zero to a hundred. The firm maintains a market beta of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WarpSpeed Taxi are expected to decrease at a much lower rate. During the bear market, WarpSpeed Taxi is likely to outperform the market. Use WarpSpeed Taxi sortino ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to analyze future returns on WarpSpeed Taxi.
Auto-correlation | 0.20 |
Weak predictability
WarpSpeed Taxi has weak predictability. Overlapping area represents the amount of predictability between WarpSpeed Taxi time series from 1st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 WarpSpeed Taxi price movement. The serial correlation of 0.2 indicates that over 20.0% of current WarpSpeed Taxi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
WarpSpeed Taxi lagged returns against current returns
Autocorrelation, which is WarpSpeed Taxi 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 WarpSpeed Taxi's pink sheet expected returns. We can calculate the autocorrelation of WarpSpeed Taxi returns to help us make a trade decision. For example, suppose you find that WarpSpeed Taxi 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 |
WarpSpeed Taxi 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 WarpSpeed Taxi pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WarpSpeed Taxi pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WarpSpeed Taxi pink sheet over time.
Current vs Lagged Prices |
| Timeline |
WarpSpeed Taxi Lagged Returns
When evaluating WarpSpeed Taxi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WarpSpeed Taxi pink sheet have on its future price. WarpSpeed Taxi 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, WarpSpeed Taxi autocorrelation shows the relationship between WarpSpeed Taxi pink sheet current value and its past values and can show if there is a momentum factor associated with investing in WarpSpeed Taxi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for WarpSpeed Pink Sheet Analysis
When running WarpSpeed Taxi's price analysis, check to measure WarpSpeed Taxi'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 WarpSpeed Taxi is operating at the current time. Most of WarpSpeed Taxi's value examination focuses on studying past and present price action to predict the probability of WarpSpeed Taxi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WarpSpeed Taxi's price. Additionally, you may evaluate how the addition of WarpSpeed Taxi to your portfolios can decrease your overall portfolio volatility.