Wirtualna Polska (Poland) Market Value
| WPL Stock | 77.00 0.60 0.79% |
| Symbol | Wirtualna |
Wirtualna Polska '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 Wirtualna Polska'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 Wirtualna Polska.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Wirtualna Polska on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Wirtualna Polska Holding or generate 0.0% return on investment in Wirtualna Polska over 30 days.
Wirtualna Polska 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 Wirtualna Polska'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 Wirtualna Polska Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.66 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 3.08 |
Wirtualna Polska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wirtualna Polska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wirtualna Polska's standard deviation. In reality, there are many statistical measures that can use Wirtualna Polska historical prices to predict the future Wirtualna Polska's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.2859 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wirtualna Polska's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wirtualna Polska Holding Backtested Returns
Wirtualna Polska Holding shows Sharpe Ratio of -0.0048, which attests that the company had a -0.0048% return per unit of risk over the last 3 months. Wirtualna Polska Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wirtualna Polska's Standard Deviation of 2.68, mean deviation of 1.88, and Market Risk Adjusted Performance of 0.2959 to validate the risk estimate we provide. The firm maintains a market beta of -0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wirtualna Polska are expected to decrease at a much lower rate. During the bear market, Wirtualna Polska is likely to outperform the market. At this point, Wirtualna Polska Holding has a negative expected return of -0.0132%. Please make sure to check out Wirtualna Polska's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Wirtualna Polska Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Wirtualna Polska Holding has below average predictability. Overlapping area represents the amount of predictability between Wirtualna Polska time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Wirtualna Polska Holding price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Wirtualna Polska price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
Wirtualna Polska Holding lagged returns against current returns
Autocorrelation, which is Wirtualna Polska 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 Wirtualna Polska's stock expected returns. We can calculate the autocorrelation of Wirtualna Polska returns to help us make a trade decision. For example, suppose you find that Wirtualna Polska 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 |
Wirtualna Polska 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 Wirtualna Polska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wirtualna Polska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wirtualna Polska stock over time.
Current vs Lagged Prices |
| Timeline |
Wirtualna Polska Lagged Returns
When evaluating Wirtualna Polska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wirtualna Polska stock have on its future price. Wirtualna Polska 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, Wirtualna Polska autocorrelation shows the relationship between Wirtualna Polska stock current value and its past values and can show if there is a momentum factor associated with investing in Wirtualna Polska Holding.
Regressed Prices |
| Timeline |
Pair Trading with Wirtualna Polska
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wirtualna Polska position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wirtualna Polska will appreciate offsetting losses from the drop in the long position's value.Moving together with Wirtualna Stock
Moving against Wirtualna Stock
The ability to find closely correlated positions to Wirtualna Polska could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wirtualna Polska when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wirtualna Polska - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wirtualna Polska Holding to buy it.
The correlation of Wirtualna Polska is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wirtualna Polska moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wirtualna Polska Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wirtualna Polska can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Wirtualna Stock Analysis
When running Wirtualna Polska's price analysis, check to measure Wirtualna Polska'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 Wirtualna Polska is operating at the current time. Most of Wirtualna Polska's value examination focuses on studying past and present price action to predict the probability of Wirtualna Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wirtualna Polska's price. Additionally, you may evaluate how the addition of Wirtualna Polska to your portfolios can decrease your overall portfolio volatility.