WPP PLC (Germany) Market Value
| 0WPA Stock | EUR 50.00 0.50 0.99% |
| 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.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in WPP PLC on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding WPP PLC ADR or generate 0.0% return on investment in WPP PLC over 720 days. WPP PLC is related to or competes with Publicis Groupe, Omnicom, WPP PLC, JCDecaux, CyberAgent, and Strer SE. WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in No... 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 ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.1029 | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.17 |
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 | 0.103 | |||
| Jensen Alpha | 0.1688 | |||
| Total Risk Alpha | 0.1367 | |||
| Sortino Ratio | 0.0915 | |||
| Treynor Ratio | 0.369 |
WPP PLC ADR Backtested Returns
At this point, WPP PLC is very steady. WPP PLC ADR shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for WPP PLC ADR, which you can use to evaluate the volatility of the company. Please check out WPP PLC's Downside Deviation of 1.72, mean deviation of 1.17, and Risk Adjusted Performance of 0.103 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. WPP PLC has a performance score of 9 on a scale of 0 to 100. The firm maintains a market beta of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WPP PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding WPP PLC is expected to be smaller as well. WPP PLC ADR presently maintains a risk of 1.54%. Please check out WPP PLC ADR 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 ADR will be following its historical returns.
Auto-correlation | -0.58 |
Good reverse predictability
WPP PLC ADR has good reverse predictability. Overlapping area represents the amount of predictability between WPP PLC time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 2024. 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 ADR price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current WPP PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 12.97 |
WPP PLC ADR 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 ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in WPP Stock
When determining whether WPP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WPP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wpp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wpp Plc Adr Stock:Check out WPP PLC Correlation, WPP PLC Volatility and WPP PLC Alpha and Beta module to complement your research on WPP PLC. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
WPP PLC 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.