WT OFFSHORE (Germany) Market Value
| UWV Stock | EUR 1.84 0.05 2.79% |
| Symbol | UWV |
WT OFFSHORE '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 WT OFFSHORE'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 WT OFFSHORE.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in WT OFFSHORE on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding WT OFFSHORE or generate 0.0% return on investment in WT OFFSHORE over 720 days. WT OFFSHORE is related to or competes with TOTAL GABON, and Walgreens Boots. More
WT OFFSHORE 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 WT OFFSHORE'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 WT OFFSHORE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 23.62 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 7.95 |
WT OFFSHORE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WT OFFSHORE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WT OFFSHORE's standard deviation. In reality, there are many statistical measures that can use WT OFFSHORE historical prices to predict the future WT OFFSHORE's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.13) |
WT OFFSHORE Backtested Returns
Currently, WT OFFSHORE is very risky. WT OFFSHORE retains Efficiency (Sharpe Ratio) of 0.0082, which attests that the company had a 0.0082% return per unit of price deviation over the last 3 months. We have found twenty-three technical indicators for WT OFFSHORE, which you can use to evaluate the volatility of the company. Please check out WT OFFSHORE's information ratio of (0.05), and Market Risk Adjusted Performance of (0.12) to validate if the risk estimate we provide is consistent with the expected return of 0.0312%. The firm owns a Beta (Systematic Risk) of 0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WT OFFSHORE's returns are expected to increase less than the market. However, during the bear market, the loss of holding WT OFFSHORE is expected to be smaller as well. WT OFFSHORE at this moment owns a risk of 3.81%. Please check out WT OFFSHORE value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if WT OFFSHORE will be following its current price history.
Auto-correlation | 0.86 |
Very good predictability
WT OFFSHORE has very good predictability. Overlapping area represents the amount of predictability between WT OFFSHORE time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 WT OFFSHORE price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current WT OFFSHORE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
WT OFFSHORE lagged returns against current returns
Autocorrelation, which is WT OFFSHORE 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 WT OFFSHORE's stock expected returns. We can calculate the autocorrelation of WT OFFSHORE returns to help us make a trade decision. For example, suppose you find that WT OFFSHORE 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 |
WT OFFSHORE 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 WT OFFSHORE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WT OFFSHORE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WT OFFSHORE stock over time.
Current vs Lagged Prices |
| Timeline |
WT OFFSHORE Lagged Returns
When evaluating WT OFFSHORE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WT OFFSHORE stock have on its future price. WT OFFSHORE 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, WT OFFSHORE autocorrelation shows the relationship between WT OFFSHORE stock current value and its past values and can show if there is a momentum factor associated with investing in WT OFFSHORE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for UWV Stock Analysis
When running WT OFFSHORE's price analysis, check to measure WT OFFSHORE'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 WT OFFSHORE is operating at the current time. Most of WT OFFSHORE's value examination focuses on studying past and present price action to predict the probability of WT OFFSHORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT OFFSHORE's price. Additionally, you may evaluate how the addition of WT OFFSHORE to your portfolios can decrease your overall portfolio volatility.