Meiwu Technology Co Stock Market Value
| WNW Stock | USD 1.08 0.06 5.26% |
| Symbol | Meiwu |
Meiwu Technology Price To Book Ratio
Is Meiwu Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meiwu Technology. If investors know Meiwu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meiwu Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.37) | Revenue Per Share 10.999 | Quarterly Revenue Growth 8.159 | Return On Assets 0.0274 | Return On Equity (0.24) |
The market value of Meiwu Technology is measured differently than its book value, which is the value of Meiwu that is recorded on the company's balance sheet. Investors also form their own opinion of Meiwu Technology's value that differs from its market value or its book value, called intrinsic value, which is Meiwu Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meiwu Technology's market value can be influenced by many factors that don't directly affect Meiwu Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meiwu Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meiwu Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meiwu Technology's 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.
Meiwu Technology '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 Meiwu Technology's stock 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 Meiwu Technology.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in Meiwu Technology on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding Meiwu Technology Co or generate 0.0% return on investment in Meiwu Technology over 30 days. Meiwu Technology is related to or competes with Marshall Ilsley, Etsy, AKA Brands, IPower, Oriental Culture, Pinduoduo, and Kidpik Corp. Meiwu Technology Company Limited operates as an online and mobile commerce company in the Peoples Republic of China More
Meiwu Technology 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 Meiwu Technology's stock 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 Meiwu Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 45.97 | |||
| Value At Risk | (6.35) | |||
| Potential Upside | 7.44 |
Meiwu Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meiwu Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meiwu Technology's standard deviation. In reality, there are many statistical measures that can use Meiwu Technology historical prices to predict the future Meiwu Technology's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 0.2546 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meiwu Technology's 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.
Meiwu Technology Backtested Returns
Meiwu Technology has Sharpe Ratio of -0.01, which conveys that the firm had a -0.01% return per unit of risk over the last 3 months. Meiwu Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meiwu Technology's Standard Deviation of 5.47, risk adjusted performance of (0.02), and Mean Deviation of 3.19 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.01, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Meiwu Technology are expected to decrease slowly. On the other hand, during market turmoil, Meiwu Technology is expected to outperform it slightly. Meiwu Technology has an expected return of -0.0554%. Please make sure to verify Meiwu Technology Co jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Meiwu Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Meiwu Technology Co has poor reverse predictability. Overlapping area represents the amount of predictability between Meiwu Technology time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 Meiwu Technology price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Meiwu Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Meiwu Technology lagged returns against current returns
Autocorrelation, which is Meiwu Technology stock'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 Meiwu Technology's stock expected returns. We can calculate the autocorrelation of Meiwu Technology returns to help us make a trade decision. For example, suppose you find that Meiwu Technology has exhibited high autocorrelation historically, and you observe that the stock 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 |
Meiwu Technology 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 Meiwu Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meiwu Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meiwu Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Meiwu Technology Lagged Returns
When evaluating Meiwu Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meiwu Technology stock have on its future price. Meiwu Technology 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, Meiwu Technology autocorrelation shows the relationship between Meiwu Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Meiwu Technology Co.
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.When determining whether Meiwu Technology is a strong investment it is important to analyze Meiwu Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Meiwu Technology's future performance. For an informed investment choice regarding Meiwu Stock, refer to the following important reports:Check out Meiwu Technology Correlation, Meiwu Technology Volatility and Meiwu Technology Alpha and Beta module to complement your research on Meiwu Technology. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Meiwu Stock analysis
When running Meiwu Technology's price analysis, check to measure Meiwu Technology'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 Meiwu Technology is operating at the current time. Most of Meiwu Technology's value examination focuses on studying past and present price action to predict the probability of Meiwu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiwu Technology's price. Additionally, you may evaluate how the addition of Meiwu Technology to your portfolios can decrease your overall portfolio volatility.
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Meiwu Technology technical stock 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, stock market cycles, or different charting patterns.