Whitehaven Coal (Australia) Market Value
| WHC Stock | 6.24 0.04 0.64% |
| Symbol | Whitehaven |
Whitehaven Coal '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 Whitehaven Coal'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 Whitehaven Coal.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Whitehaven Coal on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Whitehaven Coal or generate 0.0% return on investment in Whitehaven Coal over 30 days. Whitehaven Coal is related to or competes with Red Hill, Sonic Healthcare, Environmental, Ainsworth Game, and Bisalloy Steel. Whitehaven Coal is entity of Australia. It is traded as Stock on AU exchange. More
Whitehaven Coal 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 Whitehaven Coal'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 Whitehaven Coal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 3.48 |
Whitehaven Coal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitehaven Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitehaven Coal's standard deviation. In reality, there are many statistical measures that can use Whitehaven Coal historical prices to predict the future Whitehaven Coal's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 3.36 |
Whitehaven Coal Backtested Returns
Whitehaven Coal shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of risk over the last 3 months. Whitehaven Coal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whitehaven Coal's Mean Deviation of 1.34, market risk adjusted performance of 3.37, and Standard Deviation of 1.77 to validate the risk estimate we provide. The firm maintains a market beta of -0.0672, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Whitehaven Coal are expected to decrease at a much lower rate. During the bear market, Whitehaven Coal is likely to outperform the market. At this point, Whitehaven Coal has a negative expected return of -0.21%. Please make sure to check out Whitehaven Coal's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Whitehaven Coal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Whitehaven Coal has poor reverse predictability. Overlapping area represents the amount of predictability between Whitehaven Coal time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th of January 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 Whitehaven Coal price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Whitehaven Coal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Whitehaven Coal lagged returns against current returns
Autocorrelation, which is Whitehaven Coal 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 Whitehaven Coal's stock expected returns. We can calculate the autocorrelation of Whitehaven Coal returns to help us make a trade decision. For example, suppose you find that Whitehaven Coal 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 |
Whitehaven Coal 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 Whitehaven Coal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitehaven Coal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitehaven Coal stock over time.
Current vs Lagged Prices |
| Timeline |
Whitehaven Coal Lagged Returns
When evaluating Whitehaven Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitehaven Coal stock have on its future price. Whitehaven Coal 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, Whitehaven Coal autocorrelation shows the relationship between Whitehaven Coal stock current value and its past values and can show if there is a momentum factor associated with investing in Whitehaven Coal.
Regressed Prices |
| Timeline |
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Additional Tools for Whitehaven Stock Analysis
When running Whitehaven Coal's price analysis, check to measure Whitehaven Coal'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 Whitehaven Coal is operating at the current time. Most of Whitehaven Coal's value examination focuses on studying past and present price action to predict the probability of Whitehaven Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitehaven Coal's price. Additionally, you may evaluate how the addition of Whitehaven Coal to your portfolios can decrease your overall portfolio volatility.