Wilh Wilhelmsen (Germany) Market Value
| WML2 Stock | EUR 32.70 0.10 0.31% |
| Symbol | Wilh |
Wilh Wilhelmsen '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 Wilh Wilhelmsen'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 Wilh Wilhelmsen.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Wilh Wilhelmsen on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Wilh Wilhelmsen Holding or generate 0.0% return on investment in Wilh Wilhelmsen over 90 days. Wilh Wilhelmsen is related to or competes with NISSIN FOODS, TYSON FOODS, Tyson Foods, PREMIER FOODS, Thai Beverage, J+J SNACK, and Nomad Foods. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Americas, Asia, Africa, and Oceania More
Wilh Wilhelmsen 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 Wilh Wilhelmsen'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 Wilh Wilhelmsen Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.0807 | |||
| Maximum Drawdown | 34.56 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.54 |
Wilh Wilhelmsen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilh Wilhelmsen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilh Wilhelmsen's standard deviation. In reality, there are many statistical measures that can use Wilh Wilhelmsen historical prices to predict the future Wilh Wilhelmsen's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.1232 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.153 | |||
| Treynor Ratio | 0.1739 |
Wilh Wilhelmsen Holding Backtested Returns
Wilh Wilhelmsen appears to be not too volatile, given 3 months investment horizon. Wilh Wilhelmsen Holding shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. By examining Wilh Wilhelmsen's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Wilh Wilhelmsen's Downside Deviation of 2.19, mean deviation of 1.94, and Market Risk Adjusted Performance of 0.1839 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wilh Wilhelmsen holds a performance score of 9. The firm maintains a market beta of 2.66, 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, Wilh Wilhelmsen will likely underperform. Please check Wilh Wilhelmsen's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Wilh Wilhelmsen's historical returns will revert.
Auto-correlation | 0.54 |
Modest predictability
Wilh Wilhelmsen Holding has modest predictability. Overlapping area represents the amount of predictability between Wilh Wilhelmsen time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 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 Wilh Wilhelmsen Holding price movement. The serial correlation of 0.54 indicates that about 54.0% of current Wilh Wilhelmsen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 13.58 |
Wilh Wilhelmsen Holding lagged returns against current returns
Autocorrelation, which is Wilh Wilhelmsen 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 Wilh Wilhelmsen's stock expected returns. We can calculate the autocorrelation of Wilh Wilhelmsen returns to help us make a trade decision. For example, suppose you find that Wilh Wilhelmsen 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 |
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Wilh Wilhelmsen 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 Wilh Wilhelmsen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilh Wilhelmsen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilh Wilhelmsen stock over time.
Current vs Lagged Prices |
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Wilh Wilhelmsen Lagged Returns
When evaluating Wilh Wilhelmsen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilh Wilhelmsen stock have on its future price. Wilh Wilhelmsen 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, Wilh Wilhelmsen autocorrelation shows the relationship between Wilh Wilhelmsen stock current value and its past values and can show if there is a momentum factor associated with investing in Wilh Wilhelmsen Holding.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Wilh Stock
Wilh Wilhelmsen financial ratios help investors to determine whether Wilh 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 Wilh with respect to the benefits of owning Wilh Wilhelmsen security.