Worley OTC Pink Sheet Market Value

WYGPY
 Stock
  

USD 9.88  0.15  1.54%   

Worley Parsons' market value is the price at which a share of Worley Parsons stock trades on a public exchange. It measures the collective expectations of Worley Parsons investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Worley Parsons and determine expected loss or profit from investing in Worley Parsons over a given investment horizon. Check out Worley Parsons Correlation, Worley Parsons Volatility and Worley Parsons Alpha and Beta module to complement your research on Worley Parsons.
Symbol

Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine Worley Parsons value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' 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.

Worley Parsons '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 Worley Parsons' otc 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 Worley Parsons.
0.00
09/05/2022
No Change 0.00  0.0 
In 3 months and 1 day
12/04/2022
0.00
If you would invest  0.00  in Worley Parsons on September 5, 2022 and sell it all today you would earn a total of 0.00 from holding Worley Parsons or generate 0.0% return on investment in Worley Parsons over 90 days. Worley Parsons is related to or competes with Core Laboratories, TechnipFMC PLC, Halliburton, Helix Energy, MRC Global, NCS Multistage, and Nine Energy. Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide More

Worley Parsons 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 Worley Parsons' otc 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 Worley Parsons upside and downside potential and time the market with a certain degree of confidence.

Worley Parsons Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Worley Parsons' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Worley Parsons' standard deviation. In reality, there are many statistical measures that can use Worley Parsons historical prices to predict the future Worley Parsons' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Worley Parsons' 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. Please use the tools below to analyze the current value of Worley Parsons in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.249.7412.24
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Intrinsic
Valuation
LowReal ValueHigh
6.989.4811.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Worley Parsons. Your research has to be compared to or analyzed against Worley Parsons' peers to derive any actionable benefits. When done correctly, Worley Parsons' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Worley Parsons.

Worley Parsons Backtested Returns

We consider Worley Parsons somewhat reliable. Worley Parsons shows Sharpe Ratio of 0.0508, which attests that the company had 0.0508% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Worley Parsons, which you can use to evaluate the future volatility of the company. Please check out Worley Parsons Downside Deviation of 3.44, mean deviation of 1.42, and Market Risk Adjusted Performance of (0.008337) to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Worley Parsons has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 0.4813, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Worley's beta means in this case. As returns on the market increase, Worley Parsons returns are expected to increase less than the market. However, during the bear market, the loss on holding Worley Parsons will be expected to be smaller as well. Although it is important to respect Worley Parsons historical price patterns, it is better to be realistic regarding the information on the equity's current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining Worley Parsons technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Worley Parsons right now maintains a risk of 2.5%. Please check out Worley Parsons jensen alpha and semi variance to decide if Worley Parsons will be following its historical returns.

Auto-correlation

    
  -0.82  

Excellent reverse predictability

Worley Parsons has excellent reverse predictability. Overlapping area represents the amount of predictability between Worley Parsons time series from 5th of September 2022 to 20th of October 2022 and 20th of October 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Worley Parsons price movement. The serial correlation of -0.82 indicates that around 82.0% of current Worley Parsons price fluctuation can be explain by its past prices.
Correlation Coefficient-0.82
Spearman Rank Test-0.46
Residual Average0.0
Price Variance0.2

Worley Parsons lagged returns against current returns

Autocorrelation, which is Worley Parsons otc 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 Worley Parsons' otc pink sheet expected returns. We can calculate the autocorrelation of Worley Parsons returns to help us make a trade decision. For example, suppose you find that Worley Parsons otc pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Worley Parsons 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 Worley Parsons otc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Worley Parsons otc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Worley Parsons otc pink sheet over time.
   Current vs Lagged Prices   
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       Timeline  

Worley Parsons Lagged Returns

When evaluating Worley Parsons' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Worley Parsons otc pink sheet have on its future price. Worley Parsons 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, Worley Parsons autocorrelation shows the relationship between Worley Parsons otc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Worley Parsons.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Worley Parsons without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Worley Parsons Correlation, Worley Parsons Volatility and Worley Parsons Alpha and Beta module to complement your research on Worley Parsons. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Worley Parsons price analysis, check to measure Worley Parsons' 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 Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
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Worley Parsons technical otc 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, otc market cycles, or different charting patterns.
A focus of Worley Parsons technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Worley Parsons trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...