WAGNERS HOLDING (Germany) Market Value
| 0W7 Stock | EUR 0.82 0.01 1.23% |
| Symbol | WAGNERS |
WAGNERS HOLDING '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 WAGNERS HOLDING'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 WAGNERS HOLDING.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in WAGNERS HOLDING on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding WAGNERS HOLDING LTD or generate 0.0% return on investment in WAGNERS HOLDING over 720 days. WAGNERS HOLDING is related to or competes with ALEFARM BREWING, Corporate Travel, CeoTronics, Titan Machinery, AGF Management, Hanison Construction, and Granite Construction. Wagners Holding Company Limited produces and sells construction materials in Australia and internationally More
WAGNERS HOLDING 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 WAGNERS HOLDING'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 WAGNERS HOLDING LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.3 | |||
| Information Ratio | 0.1862 | |||
| Maximum Drawdown | 18.47 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 8.11 |
WAGNERS HOLDING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WAGNERS HOLDING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WAGNERS HOLDING's standard deviation. In reality, there are many statistical measures that can use WAGNERS HOLDING historical prices to predict the future WAGNERS HOLDING's volatility.| Risk Adjusted Performance | 0.1665 | |||
| Jensen Alpha | 0.7175 | |||
| Total Risk Alpha | 0.5588 | |||
| Sortino Ratio | 0.2074 | |||
| Treynor Ratio | 32.8 |
WAGNERS HOLDING LTD Backtested Returns
WAGNERS HOLDING appears to be extremely dangerous, given 3 months investment horizon. WAGNERS HOLDING LTD shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of volatility over the last 3 months. By inspecting WAGNERS HOLDING's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize WAGNERS HOLDING's Risk Adjusted Performance of 0.1665, mean deviation of 2.66, and Downside Deviation of 3.3 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WAGNERS HOLDING holds a performance score of 16. The firm maintains a market beta of 0.0219, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WAGNERS HOLDING's returns are expected to increase less than the market. However, during the bear market, the loss of holding WAGNERS HOLDING is expected to be smaller as well. Please check WAGNERS HOLDING's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether WAGNERS HOLDING's historical returns will revert.
Auto-correlation | 0.37 |
Below average predictability
WAGNERS HOLDING LTD has below average predictability. Overlapping area represents the amount of predictability between WAGNERS HOLDING time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WAGNERS HOLDING LTD price movement. The serial correlation of 0.37 indicates that just about 37.0% of current WAGNERS HOLDING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
WAGNERS HOLDING LTD lagged returns against current returns
Autocorrelation, which is WAGNERS HOLDING 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 WAGNERS HOLDING's stock expected returns. We can calculate the autocorrelation of WAGNERS HOLDING returns to help us make a trade decision. For example, suppose you find that WAGNERS HOLDING 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 |
WAGNERS HOLDING 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 WAGNERS HOLDING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WAGNERS HOLDING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WAGNERS HOLDING stock over time.
Current vs Lagged Prices |
| Timeline |
WAGNERS HOLDING Lagged Returns
When evaluating WAGNERS HOLDING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WAGNERS HOLDING stock have on its future price. WAGNERS HOLDING 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, WAGNERS HOLDING autocorrelation shows the relationship between WAGNERS HOLDING stock current value and its past values and can show if there is a momentum factor associated with investing in WAGNERS HOLDING LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WAGNERS Stock
WAGNERS HOLDING financial ratios help investors to determine whether WAGNERS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WAGNERS with respect to the benefits of owning WAGNERS HOLDING security.