WEEBIT NANO (Germany) Market Value
| 6RI Stock | EUR 1.17 0.01 0.86% |
| Symbol | WEEBIT |
WEEBIT NANO '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 WEEBIT NANO'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 WEEBIT NANO.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in WEEBIT NANO on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding WEEBIT NANO LTD or generate 0.0% return on investment in WEEBIT NANO over 90 days. WEEBIT NANO is related to or competes with Micron Technology, Rambus, Silicon Motion, Everspin Technologies, and SemiLEDS. Weebit Nano Limited focuses on developing a non-volatile memory based on silicon oxide More
WEEBIT NANO 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 WEEBIT NANO'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 WEEBIT NANO LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.15 | |||
| Information Ratio | 0.0611 | |||
| Maximum Drawdown | 26.93 | |||
| Value At Risk | (8.60) | |||
| Potential Upside | 9.68 |
WEEBIT NANO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WEEBIT NANO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WEEBIT NANO's standard deviation. In reality, there are many statistical measures that can use WEEBIT NANO historical prices to predict the future WEEBIT NANO's volatility.| Risk Adjusted Performance | 0.0899 | |||
| Jensen Alpha | 0.4694 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0655 | |||
| Treynor Ratio | 14.85 |
WEEBIT NANO LTD Backtested Returns
WEEBIT NANO appears to be abnormally volatile, given 3 months investment horizon. WEEBIT NANO LTD shows Sharpe Ratio of 0.11, which attests that the company had a 0.11 % return per unit of volatility over the last 3 months. By reviewing WEEBIT NANO's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize WEEBIT NANO's Mean Deviation of 4.36, downside deviation of 5.15, and Risk Adjusted Performance of 0.0899 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WEEBIT NANO holds a performance score of 8. The firm maintains a market beta of 0.0319, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WEEBIT NANO's returns are expected to increase less than the market. However, during the bear market, the loss of holding WEEBIT NANO is expected to be smaller as well. Please check WEEBIT NANO's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether WEEBIT NANO's historical returns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
WEEBIT NANO LTD has weak reverse predictability. Overlapping area represents the amount of predictability between WEEBIT NANO time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WEEBIT NANO LTD price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current WEEBIT NANO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
WEEBIT NANO LTD lagged returns against current returns
Autocorrelation, which is WEEBIT NANO 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 WEEBIT NANO's stock expected returns. We can calculate the autocorrelation of WEEBIT NANO returns to help us make a trade decision. For example, suppose you find that WEEBIT NANO 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 |
WEEBIT NANO 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 WEEBIT NANO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WEEBIT NANO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WEEBIT NANO stock over time.
Current vs Lagged Prices |
| Timeline |
WEEBIT NANO Lagged Returns
When evaluating WEEBIT NANO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WEEBIT NANO stock have on its future price. WEEBIT NANO 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, WEEBIT NANO autocorrelation shows the relationship between WEEBIT NANO stock current value and its past values and can show if there is a momentum factor associated with investing in WEEBIT NANO LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WEEBIT Stock
WEEBIT NANO financial ratios help investors to determine whether WEEBIT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WEEBIT with respect to the benefits of owning WEEBIT NANO security.