Whirlpool (Brazil) Market Value
| WHRL3 Stock | BRL 4.07 0.13 3.10% |
| Symbol | Whirlpool |
Whirlpool '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 Whirlpool'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 Whirlpool.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Whirlpool on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Whirlpool SA or generate 0.0% return on investment in Whirlpool over 360 days. Whirlpool is related to or competes with Whirlpool, Marcopolo, Indstrias Romi, Randon SA, and Klabin SA. Whirlpool S.A. manufactures and sells home appliances in Brazil and Latin America More
Whirlpool 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 Whirlpool'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 Whirlpool SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.42 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.5 |
Whirlpool Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whirlpool's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whirlpool's standard deviation. In reality, there are many statistical measures that can use Whirlpool historical prices to predict the future Whirlpool's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.8694 |
Whirlpool SA Backtested Returns
Whirlpool SA shows Sharpe Ratio of -0.0331, which attests that the company had a -0.0331% return per unit of risk over the last 3 months. Whirlpool SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whirlpool's Standard Deviation of 2.25, mean deviation of 1.39, and Market Risk Adjusted Performance of 0.8794 to validate the risk estimate we provide. The firm maintains a market beta of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Whirlpool are expected to decrease at a much lower rate. During the bear market, Whirlpool is likely to outperform the market. At this point, Whirlpool SA has a negative expected return of -0.0647%. Please make sure to check out Whirlpool's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Whirlpool SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Whirlpool SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Whirlpool time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 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 Whirlpool SA price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Whirlpool price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Whirlpool SA lagged returns against current returns
Autocorrelation, which is Whirlpool 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 Whirlpool's stock expected returns. We can calculate the autocorrelation of Whirlpool returns to help us make a trade decision. For example, suppose you find that Whirlpool 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 |
Whirlpool 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 Whirlpool stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whirlpool stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whirlpool stock over time.
Current vs Lagged Prices |
| Timeline |
Whirlpool Lagged Returns
When evaluating Whirlpool's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whirlpool stock have on its future price. Whirlpool 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, Whirlpool autocorrelation shows the relationship between Whirlpool stock current value and its past values and can show if there is a momentum factor associated with investing in Whirlpool SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Whirlpool Stock Analysis
When running Whirlpool's price analysis, check to measure Whirlpool'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 Whirlpool is operating at the current time. Most of Whirlpool's value examination focuses on studying past and present price action to predict the probability of Whirlpool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whirlpool's price. Additionally, you may evaluate how the addition of Whirlpool to your portfolios can decrease your overall portfolio volatility.