Wilmington Capital Management Stock Market Value
| WCM-A Stock | CAD 2.15 0.05 2.38% |
| Symbol | Wilmington |
Wilmington Capital Price To Book Ratio
Wilmington Capital '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 Wilmington Capital'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 Wilmington Capital.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Wilmington Capital on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Wilmington Capital Management or generate 0.0% return on investment in Wilmington Capital over 90 days. Wilmington Capital is related to or competes with NorthWest Healthcare, Bausch Health, Maple Leaf, Cogeco Communications, Nano One, Data Communications, and CVS HEALTH. Wilmington Capital Management Inc. operates as an investment and asset management company that focuses on investments in... More
Wilmington Capital 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 Wilmington Capital'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 Wilmington Capital Management upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.003 | |||
| Maximum Drawdown | 9.13 |
Wilmington Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilmington Capital's standard deviation. In reality, there are many statistical measures that can use Wilmington Capital historical prices to predict the future Wilmington Capital's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0342 | |||
| Treynor Ratio | 7.29 |
Wilmington Capital Backtested Returns
Wilmington Capital shows Sharpe Ratio of -0.0891, which attests that the company had a -0.0891 % return per unit of risk over the last 3 months. Wilmington Capital exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilmington Capital's Market Risk Adjusted Performance of 7.3, standard deviation of 1.12, and Mean Deviation of 0.2708 to validate the risk estimate we provide. The firm maintains a market beta of -0.0145, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wilmington Capital are expected to decrease at a much lower rate. During the bear market, Wilmington Capital is likely to outperform the market. At this point, Wilmington Capital has a negative expected return of -0.1%. Please make sure to check out Wilmington Capital's jensen alpha, skewness, daily balance of power, as well as the relationship between the total risk alpha and kurtosis , to decide if Wilmington Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Wilmington Capital Management has good predictability. Overlapping area represents the amount of predictability between Wilmington Capital time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Wilmington Capital price movement. The serial correlation of 0.66 indicates that around 66.0% of current Wilmington Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Wilmington Capital lagged returns against current returns
Autocorrelation, which is Wilmington Capital 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 Wilmington Capital's stock expected returns. We can calculate the autocorrelation of Wilmington Capital returns to help us make a trade decision. For example, suppose you find that Wilmington Capital 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 |
Wilmington Capital 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 Wilmington Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilmington Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilmington Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Wilmington Capital Lagged Returns
When evaluating Wilmington Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilmington Capital stock have on its future price. Wilmington Capital 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, Wilmington Capital autocorrelation shows the relationship between Wilmington Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Wilmington Capital Management.
Regressed Prices |
| Timeline |
Pair Trading with Wilmington Capital
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 Wilmington Capital 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 Wilmington Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Wilmington Stock
Moving against Wilmington Stock
| 0.8 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.77 | JNJ | Johnson Johnson CDR | PairCorr |
| 0.48 | VISA | Visa Inc CDR | PairCorr |
The ability to find closely correlated positions to Wilmington Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wilmington Capital 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 Wilmington Capital - 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 Wilmington Capital Management to buy it.
The correlation of Wilmington Capital 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 Wilmington Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wilmington Capital 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 Wilmington Capital 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 Wilmington Stock Analysis
When running Wilmington Capital's price analysis, check to measure Wilmington Capital'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 Wilmington Capital is operating at the current time. Most of Wilmington Capital's value examination focuses on studying past and present price action to predict the probability of Wilmington Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wilmington Capital's price. Additionally, you may evaluate how the addition of Wilmington Capital to your portfolios can decrease your overall portfolio volatility.