Wienerberger (Austria) Market Value
| WIE Stock | EUR 35.92 1.94 5.71% |
| Symbol | Wienerberger |
Wienerberger '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 Wienerberger'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 Wienerberger.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Wienerberger on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Wienerberger AG or generate 0.0% return on investment in Wienerberger over 90 days. Wienerberger is related to or competes with Voestalpine, OMV Aktiengesellscha, VERBUND AG, Andritz AG, and Erste Group. More
Wienerberger 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 Wienerberger'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 Wienerberger AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1618 | |||
| Maximum Drawdown | 17.28 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 6.44 |
Wienerberger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wienerberger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wienerberger's standard deviation. In reality, there are many statistical measures that can use Wienerberger historical prices to predict the future Wienerberger's volatility.| Risk Adjusted Performance | 0.1224 | |||
| Jensen Alpha | 0.5717 | |||
| Total Risk Alpha | 0.8497 | |||
| Sortino Ratio | 0.2709 | |||
| Treynor Ratio | 0.3353 |
Wienerberger AG Backtested Returns
Wienerberger appears to be very steady, given 3 months investment horizon. Wienerberger AG shows Sharpe Ratio of 0.17, which attests that the company had a 0.17 % return per unit of risk over the last 3 months. By examining Wienerberger's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Wienerberger's Mean Deviation of 2.18, downside deviation of 2.0, and Market Risk Adjusted Performance of 0.3453 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wienerberger holds a performance score of 13. The firm maintains a market beta of 1.29, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wienerberger will likely underperform. Please check Wienerberger's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Wienerberger's historical returns will revert.
Auto-correlation | 0.61 |
Good predictability
Wienerberger AG has good predictability. Overlapping area represents the amount of predictability between Wienerberger time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Wienerberger AG price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Wienerberger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 5.06 |
Wienerberger AG lagged returns against current returns
Autocorrelation, which is Wienerberger 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 Wienerberger's stock expected returns. We can calculate the autocorrelation of Wienerberger returns to help us make a trade decision. For example, suppose you find that Wienerberger 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 |
Wienerberger 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 Wienerberger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wienerberger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wienerberger stock over time.
Current vs Lagged Prices |
| Timeline |
Wienerberger Lagged Returns
When evaluating Wienerberger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wienerberger stock have on its future price. Wienerberger 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, Wienerberger autocorrelation shows the relationship between Wienerberger stock current value and its past values and can show if there is a momentum factor associated with investing in Wienerberger AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wienerberger Stock
Wienerberger financial ratios help investors to determine whether Wienerberger 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 Wienerberger with respect to the benefits of owning Wienerberger security.