World Story

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WRLD -- USA Stock  

USD 126.55  0.16  0.13%

It looks as if World Acceptance may not recover as fast as we have hopped for as its price went down 0.24% today. The company current daily volatility is 3.76 percent, with a beta of -0.02 and an alpha of 0.22 over DOW. As many millenniums are trying to avoid the latest volatility, we are going to digest World Acceptance a little further to understand its historical price patterns. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over a month ago
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What does a latest World Acceptance volatility dip mean for shareholders?
World Acceptance currently holds roughly 13.99 M in cash with 219.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.25. Macroaxis provides trade recommendation on World Acceptance to complement and cross-verify current analyst consensus on World Acceptance. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.
Investing in World Acceptance, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding World Acceptance along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of World Acceptance's stock 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. Please use the tools below to analyze the current value of World Acceptance in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as World Acceptance. Your research has to be compared to or analyzed against World Acceptance's peers to derive any actionable benefits. When done correctly, World Acceptance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in World Acceptance.

How important is World Acceptance's Liquidity

World Acceptance financial leverage refers to using borrowed capital as a funding source to finance World Acceptance Cp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. World Acceptance financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between World Acceptance's total debt and its cash.

How World utilizes its cash?

To perform a cash flow analysis of World Acceptance, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash World Acceptance is receiving and how much cash it distributes out in a given period. The World Acceptance cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
World Acceptance Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 231.67 Million

World Acceptance Correlation with Peers

Investors in World can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in World Acceptance Cp. Diversification will allow for the same portfolio return with reduced risk. The correlation table of World Acceptance and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities World is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of World for more details

Is World Acceptance valued correctly by the market?

World Acceptance appears to be very steady, given 1 month investment horizon. World Acceptance shows Sharpe Ratio of 0.11, which attests that the company had 0.11% of return per unit of risk over the last month. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for World Acceptance, which you can use to evaluate future volatility of the company. Please utilize World Acceptance Market Risk Adjusted Performance of (14.48), downside deviation of 4.58, and Mean Deviation of 2.83 to validate if our risk estimates are consistent with your expectations.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

World Acceptance will most likely finish below $122 in 60 days

World Acceptance information ratio is up to 0.01. World Acceptance exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate World Acceptance individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about World Acceptance future systematic risk.

Our Final Perspective on World Acceptance

Although other entities under the credit services industry are still a bit expensive, World Acceptance may offer a potential longer-term growth to shareholders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to drop some or all of your World Acceptance holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to World Acceptance.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of World Acceptance Cp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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