WP Carey (Germany) Market Value
| WPY Stock | 53.50 0.84 1.55% |
| Symbol | WPY |
WP Carey '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 WP Carey'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 WP Carey.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in WP Carey on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding WP Carey or generate 0.0% return on investment in WP Carey over 720 days. WP Carey is related to or competes with Amkor Technology, GRENKELEASING Dusseldorf, Agilent Technologies, PKSHA TECHNOLOGY, Addtech AB, and Lendlease. More
WP Carey 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 WP Carey'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 WP Carey upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.17 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.93 |
WP Carey Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WP Carey's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WP Carey's standard deviation. In reality, there are many statistical measures that can use WP Carey historical prices to predict the future WP Carey's volatility.| Risk Adjusted Performance | 0.0049 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0311 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WP Carey'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.
WP Carey Backtested Returns
Currently, WP Carey is very steady. WP Carey retains Efficiency (Sharpe Ratio) of 0.0117, which attests that the company had a 0.0117 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for WP Carey, which you can use to evaluate the volatility of the company. Please check out WP Carey's market risk adjusted performance of 0.0411, and Standard Deviation of 1.13 to validate if the risk estimate we provide is consistent with the expected return of 0.0137%. The firm owns a Beta (Systematic Risk) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WP Carey are expected to decrease at a much lower rate. During the bear market, WP Carey is likely to outperform the market. WP Carey at this moment owns a risk of 1.17%. Please check out WP Carey value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if WP Carey will be following its current price history.
Auto-correlation | -0.5 |
Modest reverse predictability
WP Carey has modest reverse predictability. Overlapping area represents the amount of predictability between WP Carey time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd 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 WP Carey price movement. The serial correlation of -0.5 indicates that about 50.0% of current WP Carey price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 4.31 |
WP Carey lagged returns against current returns
Autocorrelation, which is WP Carey 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 WP Carey's stock expected returns. We can calculate the autocorrelation of WP Carey returns to help us make a trade decision. For example, suppose you find that WP Carey 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 |
WP Carey 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 WP Carey stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WP Carey stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WP Carey stock over time.
Current vs Lagged Prices |
| Timeline |
WP Carey Lagged Returns
When evaluating WP Carey's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WP Carey stock have on its future price. WP Carey 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, WP Carey autocorrelation shows the relationship between WP Carey stock current value and its past values and can show if there is a momentum factor associated with investing in WP Carey.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for WPY Stock Analysis
When running WP Carey's price analysis, check to measure WP Carey'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 WP Carey is operating at the current time. Most of WP Carey's value examination focuses on studying past and present price action to predict the probability of WP Carey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WP Carey's price. Additionally, you may evaluate how the addition of WP Carey to your portfolios can decrease your overall portfolio volatility.