Woori Financial Group Stock Market Value
| WF Stock | USD 35.74 0.25 0.69% |
| Symbol | Woori |
Woori Financial Group Price To Book Ratio
Is Diversified Banks 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 Woori Financial. If investors know Woori 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 Woori Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.483 | Earnings Share 7.42 | Revenue Per Share 42 K | Quarterly Revenue Growth 0.283 | Return On Assets 0.0057 |
The market value of Woori Financial Group is measured differently than its book value, which is the value of Woori that is recorded on the company's balance sheet. Investors also form their own opinion of Woori Financial's value that differs from its market value or its book value, called intrinsic value, which is Woori Financial'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 Woori Financial's market value can be influenced by many factors that don't directly affect Woori Financial'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 Woori Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woori Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woori Financial'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.
Woori Financial '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 Woori Financial'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 Woori Financial.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Woori Financial on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Woori Financial Group or generate 0.0% return on investment in Woori Financial over 720 days. Woori Financial is related to or competes with Shinhan Financial, KB Financial, Banco De, Orix Corp, and SK Telecom. Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of finan... More
Woori Financial 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 Woori Financial'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 Woori Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.47 |
Woori Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Woori Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Woori Financial's standard deviation. In reality, there are many statistical measures that can use Woori Financial historical prices to predict the future Woori Financial's volatility.| Risk Adjusted Performance | 7.0E-4 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.05) |
Woori Financial Group Backtested Returns
Woori Financial Group shows Sharpe Ratio of -0.0027, which attests that the company had a -0.0027% return per unit of risk over the last 3 months. Woori Financial Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Woori Financial's Market Risk Adjusted Performance of (0.04), standard deviation of 1.79, and Mean Deviation of 1.3 to validate the risk estimate we provide. The firm maintains a market beta of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Woori Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Woori Financial is expected to be smaller as well. At this point, Woori Financial Group has a negative expected return of -0.0048%. Please make sure to check out Woori Financial's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Woori Financial Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Woori Financial Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Woori Financial 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 Woori Financial Group price movement. The serial correlation of -0.19 indicates that over 19.0% of current Woori Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 10.32 |
Woori Financial Group lagged returns against current returns
Autocorrelation, which is Woori Financial 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 Woori Financial's stock expected returns. We can calculate the autocorrelation of Woori Financial returns to help us make a trade decision. For example, suppose you find that Woori Financial 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 |
Woori Financial 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 Woori Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Woori Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Woori Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Woori Financial Lagged Returns
When evaluating Woori Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Woori Financial stock have on its future price. Woori Financial 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, Woori Financial autocorrelation shows the relationship between Woori Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Woori Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Woori Financial Correlation, Woori Financial Volatility and Woori Financial Alpha and Beta module to complement your research on Woori Financial. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Woori Financial 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.