WPP PLC (Germany) Market Value
| 0WP Stock | 8.76 0.14 1.57% |
| Symbol | WPP |
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.
| 10/23/2024 |
| 01/21/2025 |
If you would invest 0.00 in WPP PLC on October 23, 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 90 days. WPP PLC is related to or competes with MAG SILVER, SPORTING, ANGLO ASIAN, USWE SPORTS, MINCO SILVER, Yanzhou Coal, and SCIENCE IN. 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.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 13.06 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.88 |
WPP PLC Market Risk Indicators
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.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 1.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WPP PLC's 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.
WPP PLC Backtested Returns
WPP PLC shows Sharpe Ratio of -0.0916, which attests that the company had a -0.0916 % return per unit of standard deviation over the last 3 months. WPP PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WPP PLC's Mean Deviation of 1.34, insignificant risk adjusted performance, and Standard Deviation of 1.87 to validate the risk estimate we provide. The firm maintains a market beta of -0.022, 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. At this point, WPP PLC has a negative expected return of -0.16%. Please make sure to check out WPP PLC's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if WPP PLC performance from the past will be repeated at some future point.
Auto-correlation | -0.02 |
Very weak reverse predictability
WPP PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between WPP PLC time series from 23rd of October 2024 to 7th of December 2024 and 7th of December 2024 to 21st 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 -0.02 indicates that only 2.0% of current WPP PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
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 |
| Timeline |
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 |
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Additional Tools for WPP Stock Analysis
When running WPP PLC's price analysis, check to measure WPP PLC'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 WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.