Wineco Productions Stock Market Value
| WNCP Stock | USD 0.0001 0.00 0.00% |
| Symbol | Wineco |
Wineco Productions '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 Wineco Productions' 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 Wineco Productions.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Wineco Productions on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Wineco Productions or generate 0.0% return on investment in Wineco Productions over 30 days. Wineco Productions is related to or competes with Azimut Exploration. Wineco Productions, Inc. engages in mining, exploring, and recovering precious metals More
Wineco Productions 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 Wineco Productions' 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 Wineco Productions upside and downside potential and time the market with a certain degree of confidence.
Wineco Productions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wineco Productions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wineco Productions' standard deviation. In reality, there are many statistical measures that can use Wineco Productions historical prices to predict the future Wineco Productions' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wineco Productions' 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.
Wineco Productions Backtested Returns
We have found three technical indicators for Wineco Productions, 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 Wineco Productions are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Wineco Productions has no correlation between past and present. Overlapping area represents the amount of predictability between Wineco Productions time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Wineco Productions price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wineco Productions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wineco Productions lagged returns against current returns
Autocorrelation, which is Wineco Productions 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 Wineco Productions' pink sheet expected returns. We can calculate the autocorrelation of Wineco Productions returns to help us make a trade decision. For example, suppose you find that Wineco Productions 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 |
Wineco Productions 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 Wineco Productions pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wineco Productions pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wineco Productions pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wineco Productions Lagged Returns
When evaluating Wineco Productions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wineco Productions pink sheet have on its future price. Wineco Productions 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, Wineco Productions autocorrelation shows the relationship between Wineco Productions pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wineco Productions.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wineco Productions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wineco Productions' short interest history, or implied volatility extrapolated from Wineco Productions options trading.
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 Wineco Productions Correlation, Wineco Productions Volatility and Wineco Productions Alpha and Beta module to complement your research on Wineco Productions. Note that the Wineco Productions information on this page should be used as a complementary analysis to other Wineco Productions' 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Wineco Pink Sheet analysis
When running Wineco Productions' price analysis, check to measure Wineco Productions' 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 Wineco Productions is operating at the current time. Most of Wineco Productions' value examination focuses on studying past and present price action to predict the probability of Wineco Productions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wineco Productions' price. Additionally, you may evaluate how the addition of Wineco Productions to your portfolios can decrease your overall portfolio volatility.
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Wineco Productions 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.