Wheels Up Experience Stock Market Value
| UP Stock | USD 2.61 0.20 8.30% |
| Symbol | Wheels |
Wheels Up Experience Price To Book Ratio
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheels Up. If investors know Wheels will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheels Up listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 9.17 | Revenue Per Share 1.318 | Quarterly Revenue Growth (0.39) | Return On Assets (0.16) | Return On Equity (24.17) |
The market value of Wheels Up Experience is measured differently than its book value, which is the value of Wheels that is recorded on the company's balance sheet. Investors also form their own opinion of Wheels Up's value that differs from its market value or its book value, called intrinsic value, which is Wheels Up's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheels Up's market value can be influenced by many factors that don't directly affect Wheels Up's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wheels Up's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheels Up is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheels Up'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.
Wheels Up '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 Wheels Up'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 Wheels Up.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Wheels Up on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Wheels Up Experience or generate 0.0% return on investment in Wheels Up over 30 days. Wheels Up is related to or competes with Grupo Aeroportuario, Grupo Aeroportuario, AerSale Corp, Grupo Aeroportuario, Aeroports, Auckland International, and Aena SME. Wheels Up Experience Inc. provides private aviation services primarily in the United States More
Wheels Up 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 Wheels Up'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 Wheels Up Experience upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.35 | |||
| Information Ratio | 0.0891 | |||
| Maximum Drawdown | 30.13 | |||
| Value At Risk | (7.85) | |||
| Potential Upside | 8.68 |
Wheels Up Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wheels Up's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wheels Up's standard deviation. In reality, there are many statistical measures that can use Wheels Up historical prices to predict the future Wheels Up's volatility.| Risk Adjusted Performance | 0.0933 | |||
| Jensen Alpha | 0.2602 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | 0.1945 |
Wheels Up Experience Backtested Returns
Wheels Up appears to be very risky, given 3 months investment horizon. Wheels Up Experience shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Wheels Up's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Wheels Up's Downside Deviation of 5.35, market risk adjusted performance of 0.2045, and Mean Deviation of 4.55 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wheels Up holds a performance score of 11. The firm maintains a market beta of 3.29, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wheels Up will likely underperform. Please check Wheels Up's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Wheels Up's historical returns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Wheels Up Experience has very weak reverse predictability. Overlapping area represents the amount of predictability between Wheels Up time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Wheels Up Experience price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Wheels Up price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Wheels Up Experience lagged returns against current returns
Autocorrelation, which is Wheels Up 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 Wheels Up's stock expected returns. We can calculate the autocorrelation of Wheels Up returns to help us make a trade decision. For example, suppose you find that Wheels Up 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 |
Wheels Up 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 Wheels Up stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wheels Up stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wheels Up stock over time.
Current vs Lagged Prices |
| Timeline |
Wheels Up Lagged Returns
When evaluating Wheels Up's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wheels Up stock have on its future price. Wheels Up 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, Wheels Up autocorrelation shows the relationship between Wheels Up stock current value and its past values and can show if there is a momentum factor associated with investing in Wheels Up Experience.
Regressed Prices |
| Timeline |
Pair Trading with Wheels Up
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheels Up position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheels Up will appreciate offsetting losses from the drop in the long position's value.Moving against Wheels Stock
| 0.34 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to Wheels Up could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheels Up when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheels Up - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheels Up Experience to buy it.
The correlation of Wheels Up is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheels Up moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheels Up Experience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wheels Up can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Wheels Stock Analysis
When running Wheels Up's price analysis, check to measure Wheels Up'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 Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.