WPP PLC's market value is the price at which a share of WPP PLC trades on a public exchange. It measures the collective expectations of WPP PLC investors about its performance. WPP PLC is trading at 9.90 as of the 4th of January 2025, a 1.02 percent increase since the beginning of the trading day. The stock's lowest day price was 9.9. With this module, you can estimate the performance of a buy and hold strategy of WPP PLC and determine expected loss or profit from investing in WPP PLC over a given investment horizon. Check out WPP PLC Correlation, WPP PLC Volatility and WPP PLC Alpha and Beta module to complement your research on WPP PLC.
Please note, there is a significant difference between WPP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if WPP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WPP PLC'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.
WPP PLC '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 WPP PLC'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 WPP PLC.
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11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in WPP PLC on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding WPP PLC or generate 0.0% return on investment in WPP PLC over 60 days. WPP PLC is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
WPP PLC 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 WPP PLC'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 WPP PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for WPP PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WPP PLC's standard deviation. In reality, there are many statistical measures that can use WPP PLC historical prices to predict the future WPP PLC's volatility.
At this point, WPP PLC is not too volatile. WPP PLC shows Sharpe Ratio of 0.0932, which attests that the company had a 0.0932% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for WPP PLC, which you can use to evaluate the volatility of the company. Please check out WPP PLC's Downside Deviation of 1.45, risk adjusted performance of 0.0944, and Mean Deviation of 1.2 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. WPP PLC has a performance score of 7 on a scale of 0 to 100. The firm maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WPP PLC are expected to decrease at a much lower rate. During the bear market, WPP PLC is likely to outperform the market. WPP PLC presently maintains a risk of 1.51%. Please check out WPP PLC downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if WPP PLC will be following its historical returns.
Auto-correlation
0.24
Weak predictability
WPP PLC has weak predictability. Overlapping area represents the amount of predictability between WPP PLC time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 WPP PLC price movement. The serial correlation of 0.24 indicates that over 24.0% of current WPP PLC price fluctuation can be explain by its past prices.
Correlation Coefficient
0.24
Spearman Rank Test
0.15
Residual Average
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Price Variance
0.09
WPP PLC lagged returns against current returns
Autocorrelation, which is WPP PLC 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 WPP PLC's stock expected returns. We can calculate the autocorrelation of WPP PLC returns to help us make a trade decision. For example, suppose you find that WPP PLC 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
WPP PLC 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 WPP PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WPP PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WPP PLC stock over time.
Current vs Lagged Prices
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WPP PLC Lagged Returns
When evaluating WPP PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WPP PLC stock have on its future price. WPP PLC 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, WPP PLC autocorrelation shows the relationship between WPP PLC stock current value and its past values and can show if there is a momentum factor associated with investing in WPP PLC.
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.
WPP PLC financial ratios help investors to determine whether WPP 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 WPP with respect to the benefits of owning WPP PLC security.