Wellgistics Health, Common Stock Market Value
| WGRX Stock | 0.70 0 0.14% |
| Symbol | Wellgistics |
Wellgistics Health, Price To Book Ratio
Is Health Care Providers & Services space 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 Wellgistics Health,. If investors know Wellgistics 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 Wellgistics Health, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Wellgistics Health, is measured differently than its book value, which is the value of Wellgistics that is recorded on the company's balance sheet. Investors also form their own opinion of Wellgistics Health,'s value that differs from its market value or its book value, called intrinsic value, which is Wellgistics Health,'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 Wellgistics Health,'s market value can be influenced by many factors that don't directly affect Wellgistics Health,'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 Wellgistics Health,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Wellgistics Health, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wellgistics Health,'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.
Wellgistics Health, '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 Wellgistics Health,'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 Wellgistics Health,.
| 05/16/2025 |
| 08/14/2025 |
If you would invest 0.00 in Wellgistics Health, on May 16, 2025 and sell it all today you would earn a total of 0.00 from holding Wellgistics Health, Common or generate 0.0% return on investment in Wellgistics Health, over 90 days. Wellgistics Health, is related to or competes with Grupo Televisa, Addus HomeCare, Sphere Entertainment, Radcom, Cheche Group, and Hooker Furniture. Wellgistics Health, is entity of United States More
Wellgistics Health, 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 Wellgistics Health,'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 Wellgistics Health, Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 49.49 | |||
| Value At Risk | (14.76) | |||
| Potential Upside | 16.28 |
Wellgistics Health, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wellgistics Health,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wellgistics Health,'s standard deviation. In reality, there are many statistical measures that can use Wellgistics Health, historical prices to predict the future Wellgistics Health,'s volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (2.00) | |||
| Total Risk Alpha | (3.04) | |||
| Treynor Ratio | (0.59) |
Wellgistics Health, Backtested Returns
Wellgistics Health, shows Sharpe Ratio of -0.21, which attests that the company had a -0.21 % return per unit of risk over the last 3 months. Wellgistics Health, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wellgistics Health,'s Mean Deviation of 6.61, standard deviation of 8.94, and Market Risk Adjusted Performance of (0.58) to validate the risk estimate we provide. The firm maintains a market beta of 2.79, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wellgistics Health, will likely underperform. At this point, Wellgistics Health, has a negative expected return of -1.64%. Please make sure to check out Wellgistics Health,'s jensen alpha, kurtosis, as well as the relationship between the Kurtosis and period momentum indicator , to decide if Wellgistics Health, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Wellgistics Health, Common has below average predictability. Overlapping area represents the amount of predictability between Wellgistics Health, time series from 16th of May 2025 to 30th of June 2025 and 30th of June 2025 to 14th of August 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 Wellgistics Health, price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Wellgistics Health, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Wellgistics Health, lagged returns against current returns
Autocorrelation, which is Wellgistics Health, 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 Wellgistics Health,'s stock expected returns. We can calculate the autocorrelation of Wellgistics Health, returns to help us make a trade decision. For example, suppose you find that Wellgistics Health, 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 |
Wellgistics Health, 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 Wellgistics Health, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wellgistics Health, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wellgistics Health, stock over time.
Current vs Lagged Prices |
| Timeline |
Wellgistics Health, Lagged Returns
When evaluating Wellgistics Health,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wellgistics Health, stock have on its future price. Wellgistics Health, 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, Wellgistics Health, autocorrelation shows the relationship between Wellgistics Health, stock current value and its past values and can show if there is a momentum factor associated with investing in Wellgistics Health, Common.
Regressed Prices |
| Timeline |
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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.Additional Tools for Wellgistics Stock Analysis
When running Wellgistics Health,'s price analysis, check to measure Wellgistics Health,'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 Wellgistics Health, is operating at the current time. Most of Wellgistics Health,'s value examination focuses on studying past and present price action to predict the probability of Wellgistics Health,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellgistics Health,'s price. Additionally, you may evaluate how the addition of Wellgistics Health, to your portfolios can decrease your overall portfolio volatility.