Weride American Depositary Stock Market Value
| WRD Stock | 9.18 0.51 5.88% |
| Symbol | WeRide |
WeRide American Depo Price To Book Ratio
Is Automotive Parts & Equipment 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 WeRide American. If investors know WeRide 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 WeRide American 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 WeRide American Depo is measured differently than its book value, which is the value of WeRide that is recorded on the company's balance sheet. Investors also form their own opinion of WeRide American's value that differs from its market value or its book value, called intrinsic value, which is WeRide American'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 WeRide American's market value can be influenced by many factors that don't directly affect WeRide American'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 WeRide American's value and its price as these two are different measures arrived at by different means. Investors typically determine if WeRide American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WeRide American'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.
WeRide American '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 WeRide American'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 WeRide American.
| 05/10/2025 |
| 08/08/2025 |
If you would invest 0.00 in WeRide American on May 10, 2025 and sell it all today you would earn a total of 0.00 from holding WeRide American Depositary or generate 0.0% return on investment in WeRide American over 90 days. WeRide American is related to or competes with PACCAR, Modine Manufacturing, Yuexiu Transport, Broadleaf, Ryanair Holdings, Bright Scholar, and Adient PLC. WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, expl... More
WeRide American 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 WeRide American'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 WeRide American Depositary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.8 | |||
| Information Ratio | 0.0795 | |||
| Maximum Drawdown | 41.3 | |||
| Value At Risk | (7.20) | |||
| Potential Upside | 18.22 |
WeRide American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WeRide American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WeRide American's standard deviation. In reality, there are many statistical measures that can use WeRide American historical prices to predict the future WeRide American's volatility.| Risk Adjusted Performance | 0.0826 | |||
| Jensen Alpha | 0.4715 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1516 | |||
| Treynor Ratio | 0.3101 |
WeRide American Depo Backtested Returns
WeRide American Depo shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of standard deviation over the last 3 months. WeRide American Depo exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WeRide American's Mean Deviation of 4.54, risk adjusted performance of 0.0826, and Downside Deviation of 3.8 to validate the risk estimate we provide. The firm maintains a market beta of 2.15, 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, WeRide American will likely underperform. At this point, WeRide American Depo has a negative expected return of -0.0485%. Please make sure to check out WeRide American's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if WeRide American Depo performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
WeRide American Depositary has poor reverse predictability. Overlapping area represents the amount of predictability between WeRide American time series from 10th of May 2025 to 24th of June 2025 and 24th of June 2025 to 8th 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 WeRide American Depo price movement. The serial correlation of -0.36 indicates that just about 36.0% of current WeRide American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
WeRide American Depo lagged returns against current returns
Autocorrelation, which is WeRide American 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 WeRide American's stock expected returns. We can calculate the autocorrelation of WeRide American returns to help us make a trade decision. For example, suppose you find that WeRide American 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 |
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WeRide American 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 WeRide American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WeRide American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WeRide American stock over time.
Current vs Lagged Prices |
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WeRide American Lagged Returns
When evaluating WeRide American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WeRide American stock have on its future price. WeRide American 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, WeRide American autocorrelation shows the relationship between WeRide American stock current value and its past values and can show if there is a momentum factor associated with investing in WeRide American Depositary.
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 WeRide American Depo is a strong investment it is important to analyze WeRide American'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 WeRide American's future performance. For an informed investment choice regarding WeRide Stock, refer to the following important reports:Check out WeRide American Correlation, WeRide American Volatility and WeRide American Alpha and Beta module to complement your research on WeRide American. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
WeRide American 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.