Wharf Holdings Stock Market Value

WARFY Stock  USD 6.44  0.26  3.88%   
Wharf Holdings' market value is the price at which a share of Wharf Holdings trades on a public exchange. It measures the collective expectations of Wharf Holdings investors about its performance. Wharf Holdings is trading at 6.44 as of the 28th of March 2024; that is -3.88% down since the beginning of the trading day. The stock's open price was 6.7.
With this module, you can estimate the performance of a buy and hold strategy of Wharf Holdings and determine expected loss or profit from investing in Wharf Holdings over a given investment horizon. Check out Wharf Holdings Correlation, Wharf Holdings Volatility and Wharf Holdings Alpha and Beta module to complement your research on Wharf Holdings.
Symbol

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

Wharf Holdings '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 Wharf Holdings' 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 Wharf Holdings.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Wharf Holdings on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Wharf Holdings or generate 0.0% return on investment in Wharf Holdings over 30 days. Wharf Holdings is related to or competes with AKITA Drilling, Nabors Industries, Transocean, Weibo Corp, Diamond Offshore, Noble Plc, and Nextplat Corp. Founded in 1886 with Hong Kong as its base, The Wharf Limited is the 17th company incorporated in Hong Kong and a premie... More

Wharf Holdings 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 Wharf Holdings' 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 Wharf Holdings upside and downside potential and time the market with a certain degree of confidence.

Wharf Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wharf Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wharf Holdings' standard deviation. In reality, there are many statistical measures that can use Wharf Holdings historical prices to predict the future Wharf Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wharf Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.966.709.44
Details
Intrinsic
Valuation
LowRealHigh
2.835.578.31
Details
Naive
Forecast
LowNextHigh
3.936.679.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.476.616.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wharf Holdings. Your research has to be compared to or analyzed against Wharf Holdings' peers to derive any actionable benefits. When done correctly, Wharf Holdings' 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 Wharf Holdings.

Wharf Holdings Backtested Returns

We consider Wharf Holdings slightly risky. Wharf Holdings shows Sharpe Ratio of 0.0136, which attests that the company had a 0.0136% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wharf Holdings, which you can use to evaluate the volatility of the company. Please check out Wharf Holdings' Mean Deviation of 1.88, market risk adjusted performance of (2.39), and Downside Deviation of 3.34 to validate if the risk estimate we provide is consistent with the expected return of 0.0376%. Wharf Holdings has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.0576, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wharf Holdings are expected to decrease at a much lower rate. During the bear market, Wharf Holdings is likely to outperform the market. Wharf Holdings right now maintains a risk of 2.77%. Please check out Wharf Holdings total risk alpha, as well as the relationship between the downside variance and daily balance of power , to decide if Wharf Holdings will be following its historical returns.

Auto-correlation

    
  0.66  

Good predictability

Wharf Holdings has good predictability. Overlapping area represents the amount of predictability between Wharf Holdings time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Wharf Holdings price movement. The serial correlation of 0.66 indicates that around 66.0% of current Wharf Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.63
Residual Average0.0
Price Variance0.04

Wharf Holdings lagged returns against current returns

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

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

Wharf Holdings Lagged Returns

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

Also Currently Popular

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.
Check out Wharf Holdings Correlation, Wharf Holdings Volatility and Wharf Holdings Alpha and Beta module to complement your research on Wharf Holdings.
Note that the Wharf Holdings information on this page should be used as a complementary analysis to other Wharf Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Wharf Pink Sheet analysis

When running Wharf Holdings' price analysis, check to measure Wharf Holdings' 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 Wharf Holdings is operating at the current time. Most of Wharf Holdings' value examination focuses on studying past and present price action to predict the probability of Wharf Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wharf Holdings' price. Additionally, you may evaluate how the addition of Wharf Holdings to your portfolios can decrease your overall portfolio volatility.
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Wharf Holdings technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Wharf Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wharf Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...