Waters Corp (UK) Market Value
| 0LTI Stock | 375.90 1.04 0.28% |
| Symbol | Waters |
Waters Corp '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 Waters Corp'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 Waters Corp.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Waters Corp on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Waters Corp or generate 0.0% return on investment in Waters Corp over 720 days. Waters Corp is related to or competes with Gear4music (Holdings), Lindsell Train, Tata Steel, JLEN Environmental, Universal Music, Zoom Video, and OneSavings Bank. Waters Corp is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Waters Corp 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 Waters Corp'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 Waters Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.23 |
Waters Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waters Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waters Corp's standard deviation. In reality, there are many statistical measures that can use Waters Corp historical prices to predict the future Waters Corp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0081 | |||
| Treynor Ratio | (0.62) |
Waters Corp Backtested Returns
Waters Corp shows Sharpe Ratio of -0.0134, which attests that the company had a -0.0134 % return per unit of risk over the last 3 months. Waters Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waters Corp's Mean Deviation of 1.19, market risk adjusted performance of (0.61), and Standard Deviation of 1.67 to validate the risk estimate we provide. The firm maintains a market beta of 0.0712, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Waters Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Waters Corp is expected to be smaller as well. At this point, Waters Corp has a negative expected return of -0.0228%. Please make sure to check out Waters Corp's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Waters Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Waters Corp has modest predictability. Overlapping area represents the amount of predictability between Waters Corp time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Waters Corp price movement. The serial correlation of 0.53 indicates that about 53.0% of current Waters Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1154.67 |
Waters Corp lagged returns against current returns
Autocorrelation, which is Waters Corp 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 Waters Corp's stock expected returns. We can calculate the autocorrelation of Waters Corp returns to help us make a trade decision. For example, suppose you find that Waters Corp 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 |
Waters Corp 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 Waters Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waters Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waters Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Waters Corp Lagged Returns
When evaluating Waters Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waters Corp stock have on its future price. Waters Corp 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, Waters Corp autocorrelation shows the relationship between Waters Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Waters Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Waters Stock Analysis
When running Waters Corp's price analysis, check to measure Waters Corp'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 Waters Corp is operating at the current time. Most of Waters Corp's value examination focuses on studying past and present price action to predict the probability of Waters Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waters Corp's price. Additionally, you may evaluate how the addition of Waters Corp to your portfolios can decrease your overall portfolio volatility.