George Weston Limited Stock Market Value
| WNGRF Stock | USD 160.74 2.04 1.25% |
| Symbol | George |
George Weston '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 George Weston's pink sheet 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 George Weston.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in George Weston on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding George Weston Limited or generate 0.0% return on investment in George Weston over 90 days. George Weston is related to or competes with Village Super, Ingles Markets, Natural Grocers, Grocery Outlet, Albertsons Companies, Sprouts Farmers, and Krispy Kreme. George Weston Limited provides food and drug retailing, and financial services in Canada and internationally More
George Weston 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 George Weston's pink sheet 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 George Weston Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | 0.1216 | |||
| Maximum Drawdown | 6.79 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.71 |
George Weston Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for George Weston's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as George Weston's standard deviation. In reality, there are many statistical measures that can use George Weston historical prices to predict the future George Weston's volatility.| Risk Adjusted Performance | 0.0326 | |||
| Jensen Alpha | 0.0505 | |||
| Total Risk Alpha | 0.1725 | |||
| Sortino Ratio | 0.0892 | |||
| Treynor Ratio | 0.1548 |
George Weston Limited Backtested Returns
At this point, George Weston is very steady. George Weston Limited holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for George Weston Limited, which you can use to evaluate the volatility of the firm. Please check out George Weston's Downside Deviation of 1.55, market risk adjusted performance of 0.1648, and Risk Adjusted Performance of 0.0326 to validate if the risk estimate we provide is consistent with the expected return of 0.0096%. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, George Weston's returns are expected to increase less than the market. However, during the bear market, the loss of holding George Weston is expected to be smaller as well. George Weston Limited right now retains a risk of 1.01%. Please check out George Weston expected short fall, and the relationship between the value at risk and daily balance of power , to decide if George Weston will be following its current trending patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
George Weston Limited has modest reverse predictability. Overlapping area represents the amount of predictability between George Weston time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 George Weston Limited price movement. The serial correlation of -0.48 indicates that about 48.0% of current George Weston price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 16.58 |
George Weston Limited lagged returns against current returns
Autocorrelation, which is George Weston pink sheet'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 George Weston's pink sheet expected returns. We can calculate the autocorrelation of George Weston returns to help us make a trade decision. For example, suppose you find that George Weston has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
George Weston 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 George Weston pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if George Weston pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in George Weston pink sheet over time.
Current vs Lagged Prices |
| Timeline |
George Weston Lagged Returns
When evaluating George Weston's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of George Weston pink sheet have on its future price. George Weston 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, George Weston autocorrelation shows the relationship between George Weston pink sheet current value and its past values and can show if there is a momentum factor associated with investing in George Weston Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in George Pink Sheet
George Weston financial ratios help investors to determine whether George Pink Sheet 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 George with respect to the benefits of owning George Weston security.