Webuild Spa Adr Stock Market Value
| IMPJY Stock | USD 5.89 0.15 2.61% |
| Symbol | Webuild |
Webuild SpA '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 Webuild SpA's 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 Webuild SpA.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Webuild SpA on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Webuild SpA ADR or generate 0.0% return on investment in Webuild SpA over 30 days. Webuild SpA is related to or competes with Kajima Corp, IES Holdings, Bouygues, Concrete Pumping, Orion Group, Matrix Service, and Limbach Holdings. Webuild S.p.A. operates in construction businesses worldwide More
Webuild SpA 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 Webuild SpA's 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 Webuild SpA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 12.15 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 2.61 |
Webuild SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Webuild SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Webuild SpA's standard deviation. In reality, there are many statistical measures that can use Webuild SpA historical prices to predict the future Webuild SpA's volatility.| Risk Adjusted Performance | 0.0645 | |||
| Jensen Alpha | 0.1564 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.27) |
Webuild SpA ADR Backtested Returns
Webuild SpA appears to be out of control, given 3 months investment horizon. Webuild SpA ADR shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Webuild SpA ADR, which you can use to evaluate the volatility of the company. Please utilize Webuild SpA's Market Risk Adjusted Performance of (0.26), standard deviation of 1.45, and Mean Deviation of 0.5573 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Webuild SpA holds a performance score of 11. The firm maintains a market beta of -0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Webuild SpA are expected to decrease at a much lower rate. During the bear market, Webuild SpA is likely to outperform the market. Please check Webuild SpA's market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and daily balance of power , to make a quick decision on whether Webuild SpA's historical returns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Webuild SpA ADR has good reverse predictability. Overlapping area represents the amount of predictability between Webuild SpA time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Webuild SpA ADR price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Webuild SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Webuild SpA ADR lagged returns against current returns
Autocorrelation, which is Webuild SpA 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 Webuild SpA's pink sheet expected returns. We can calculate the autocorrelation of Webuild SpA returns to help us make a trade decision. For example, suppose you find that Webuild SpA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Webuild SpA 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 Webuild SpA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Webuild SpA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Webuild SpA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Webuild SpA Lagged Returns
When evaluating Webuild SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Webuild SpA pink sheet have on its future price. Webuild SpA 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, Webuild SpA autocorrelation shows the relationship between Webuild SpA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Webuild SpA ADR.
Regressed Prices |
| Timeline |
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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.Additional Tools for Webuild Pink Sheet Analysis
When running Webuild SpA's price analysis, check to measure Webuild SpA'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 Webuild SpA is operating at the current time. Most of Webuild SpA's value examination focuses on studying past and present price action to predict the probability of Webuild SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webuild SpA's price. Additionally, you may evaluate how the addition of Webuild SpA to your portfolios can decrease your overall portfolio volatility.