WillScot Mobile (Germany) Market Value
| WS11 Stock | EUR 26.20 1.00 3.68% |
| Symbol | WillScot |
WillScot Mobile '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 WillScot Mobile'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 WillScot Mobile.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in WillScot Mobile on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding WillScot Mobile Mini or generate 0.0% return on investment in WillScot Mobile over 90 days. WillScot Mobile is related to or competes with MEDICAL FACILITIES, AFRICAN MEDIA, G5 Entertainment, Nexstar Media, and SCANDMEDICAL SOLDK. WillScot Mobile Mini Holdings Corp. provides modular space and portable storage solutions in the United States, Canada, ... More
WillScot Mobile 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 WillScot Mobile'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 WillScot Mobile Mini upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 3.06 |
WillScot Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WillScot Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WillScot Mobile's standard deviation. In reality, there are many statistical measures that can use WillScot Mobile historical prices to predict the future WillScot Mobile's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 10.59 |
WillScot Mobile Mini Backtested Returns
WillScot Mobile Mini shows Sharpe Ratio of -0.15, which attests that the company had a -0.15 % return per unit of risk over the last 3 months. WillScot Mobile Mini exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WillScot Mobile's Mean Deviation of 2.06, standard deviation of 2.52, and Market Risk Adjusted Performance of 10.6 to validate the risk estimate we provide. The firm maintains a market beta of -0.0438, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WillScot Mobile are expected to decrease at a much lower rate. During the bear market, WillScot Mobile is likely to outperform the market. At this point, WillScot Mobile Mini has a negative expected return of -0.38%. Please make sure to check out WillScot Mobile's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if WillScot Mobile Mini performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
WillScot Mobile Mini has almost perfect reverse predictability. Overlapping area represents the amount of predictability between WillScot Mobile 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 WillScot Mobile Mini price movement. The serial correlation of -0.77 indicates that around 77.0% of current WillScot Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 11.06 |
WillScot Mobile Mini lagged returns against current returns
Autocorrelation, which is WillScot Mobile 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 WillScot Mobile's stock expected returns. We can calculate the autocorrelation of WillScot Mobile returns to help us make a trade decision. For example, suppose you find that WillScot Mobile 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 |
WillScot Mobile 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 WillScot Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WillScot Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WillScot Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
WillScot Mobile Lagged Returns
When evaluating WillScot Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WillScot Mobile stock have on its future price. WillScot Mobile 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, WillScot Mobile autocorrelation shows the relationship between WillScot Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in WillScot Mobile Mini.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in WillScot Stock
When determining whether WillScot Mobile Mini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WillScot Mobile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Willscot Mobile Mini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willscot Mobile Mini Stock:Check out WillScot Mobile Correlation, WillScot Mobile Volatility and WillScot Mobile Alpha and Beta module to complement your research on WillScot Mobile. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
WillScot Mobile technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.