Woolworths Holdings (South Africa) Market Value
| WHL Stock | 6,479 53.00 0.82% |
| Symbol | Woolworths |
Woolworths Holdings '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 Woolworths Holdings' 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 Woolworths Holdings.
| 12/25/2022 |
| 12/14/2024 |
If you would invest 0.00 in Woolworths Holdings on December 25, 2022 and sell it all today you would earn a total of 0.00 from holding Woolworths Holdings or generate 0.0% return on investment in Woolworths Holdings over 720 days. Woolworths Holdings is related to or competes with Shoprite Holdings, Pick N, and Growthpoint Properties. More
Woolworths Holdings 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 Woolworths Holdings' 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 Woolworths Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.47 |
Woolworths Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Woolworths Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Woolworths Holdings' standard deviation. In reality, there are many statistical measures that can use Woolworths Holdings historical prices to predict the future Woolworths Holdings' volatility.| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.0889 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.39) |
Woolworths Holdings Backtested Returns
At this point, Woolworths Holdings is very steady. Woolworths Holdings shows Sharpe Ratio of 0.0531, which attests that the company had a 0.0531% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Woolworths Holdings, which you can use to evaluate the volatility of the company. Please check out Woolworths Holdings' Downside Deviation of 1.48, market risk adjusted performance of (0.38), and Mean Deviation of 1.14 to validate if the risk estimate we provide is consistent with the expected return of 0.0847%. Woolworths Holdings has a performance score of 4 on a scale of 0 to 100. The firm maintains a market beta of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Woolworths Holdings are expected to decrease at a much lower rate. During the bear market, Woolworths Holdings is likely to outperform the market. Woolworths Holdings right now maintains a risk of 1.6%. Please check out Woolworths Holdings treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Woolworths Holdings will be following its historical returns.
Auto-correlation | 0.12 |
Insignificant predictability
Woolworths Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Woolworths Holdings time series from 25th of December 2022 to 20th of December 2023 and 20th of December 2023 to 14th 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 Woolworths Holdings price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Woolworths Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 156.7 K |
Woolworths Holdings lagged returns against current returns
Autocorrelation, which is Woolworths Holdings 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 Woolworths Holdings' stock expected returns. We can calculate the autocorrelation of Woolworths Holdings returns to help us make a trade decision. For example, suppose you find that Woolworths Holdings 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 |
Woolworths Holdings 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 Woolworths Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Woolworths Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Woolworths Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Woolworths Holdings Lagged Returns
When evaluating Woolworths Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Woolworths Holdings stock have on its future price. Woolworths Holdings 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, Woolworths Holdings autocorrelation shows the relationship between Woolworths Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Woolworths Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Woolworths Stock
Woolworths Holdings financial ratios help investors to determine whether Woolworths Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Woolworths with respect to the benefits of owning Woolworths Holdings security.