WOOLWORTHS (WWRSG) (Germany) Market Value
| WWR Stock | 18.50 0.30 1.65% |
| Symbol | WOOLWORTHS |
WOOLWORTHS (WWRSG) '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 WOOLWORTHS (WWRSG)'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 WOOLWORTHS (WWRSG).
| 11/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in WOOLWORTHS (WWRSG) on November 9, 2024 and sell it all today you would earn a total of 0.00 from holding WOOLWORTHS or generate 0.0% return on investment in WOOLWORTHS (WWRSG) over 60 days. WOOLWORTHS (WWRSG) is related to or competes with Carsales, CARSALESCOM, BOS BETTER, Lamar Advertising, AUTO TRADER, and CANON MARKETING. More
WOOLWORTHS (WWRSG) 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 WOOLWORTHS (WWRSG)'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 WOOLWORTHS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.06 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.65 |
WOOLWORTHS (WWRSG) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WOOLWORTHS (WWRSG)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WOOLWORTHS (WWRSG)'s standard deviation. In reality, there are many statistical measures that can use WOOLWORTHS (WWRSG) historical prices to predict the future WOOLWORTHS (WWRSG)'s volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.3491 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WOOLWORTHS (WWRSG)'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.
WOOLWORTHS (WWRSG) Backtested Returns
WOOLWORTHS (WWRSG) shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of standard deviation over the last 3 months. WOOLWORTHS (WWRSG) exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WOOLWORTHS (WWRSG)'s Risk Adjusted Performance of (0.09), standard deviation of 1.26, and Mean Deviation of 0.874 to validate the risk estimate we provide. The firm maintains a market beta of -0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning WOOLWORTHS (WWRSG) are expected to decrease at a much lower rate. During the bear market, WOOLWORTHS (WWRSG) is likely to outperform the market. At this point, WOOLWORTHS (WWRSG) has a negative expected return of -0.17%. Please make sure to check out WOOLWORTHS (WWRSG)'s total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if WOOLWORTHS (WWRSG) performance from the past will be repeated at some future point.
Auto-correlation | -0.29 |
Weak reverse predictability
WOOLWORTHS has weak reverse predictability. Overlapping area represents the amount of predictability between WOOLWORTHS (WWRSG) time series from 9th of November 2024 to 9th of December 2024 and 9th of December 2024 to 8th 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 WOOLWORTHS (WWRSG) price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current WOOLWORTHS (WWRSG) price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
WOOLWORTHS (WWRSG) lagged returns against current returns
Autocorrelation, which is WOOLWORTHS (WWRSG) 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 WOOLWORTHS (WWRSG)'s stock expected returns. We can calculate the autocorrelation of WOOLWORTHS (WWRSG) returns to help us make a trade decision. For example, suppose you find that WOOLWORTHS (WWRSG) 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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WOOLWORTHS (WWRSG) 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 WOOLWORTHS (WWRSG) stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WOOLWORTHS (WWRSG) stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WOOLWORTHS (WWRSG) stock over time.
Current vs Lagged Prices |
| Timeline |
WOOLWORTHS (WWRSG) Lagged Returns
When evaluating WOOLWORTHS (WWRSG)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WOOLWORTHS (WWRSG) stock have on its future price. WOOLWORTHS (WWRSG) 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, WOOLWORTHS (WWRSG) autocorrelation shows the relationship between WOOLWORTHS (WWRSG) stock current value and its past values and can show if there is a momentum factor associated with investing in WOOLWORTHS.
Regressed Prices |
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Additional Tools for WOOLWORTHS Stock Analysis
When running WOOLWORTHS (WWRSG)'s price analysis, check to measure WOOLWORTHS (WWRSG)'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 WOOLWORTHS (WWRSG) is operating at the current time. Most of WOOLWORTHS (WWRSG)'s value examination focuses on studying past and present price action to predict the probability of WOOLWORTHS (WWRSG)'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WOOLWORTHS (WWRSG)'s price. Additionally, you may evaluate how the addition of WOOLWORTHS (WWRSG) to your portfolios can decrease your overall portfolio volatility.