WPP SP (Germany) Market Value
| 0WPA Stock | EUR 51.00 0.50 0.99% |
| Symbol | WPP |
WPP SP '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 WPP SP'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 WPP SP.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in WPP SP on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding WPP SP ADR or generate 0.0% return on investment in WPP SP over 90 days. WPP SP is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
WPP SP 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 WPP SP'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 WPP SP ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.167 | |||
| Maximum Drawdown | 7.2 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 2.1 |
WPP SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WPP SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WPP SP's standard deviation. In reality, there are many statistical measures that can use WPP SP historical prices to predict the future WPP SP's volatility.| Risk Adjusted Performance | 0.2323 | |||
| Jensen Alpha | 0.2513 | |||
| Total Risk Alpha | 0.1277 | |||
| Treynor Ratio | 0.787 |
WPP SP ADR Backtested Returns
WPP SP appears to be very steady, given 3 months investment horizon. WPP SP ADR shows Sharpe Ratio of 0.3, which attests that the company had a 0.3% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for WPP SP ADR, which you can use to evaluate the volatility of the company. Please utilize WPP SP's Standard Deviation of 1.03, mean deviation of 0.6488, and Risk Adjusted Performance of 0.2323 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WPP SP holds a performance score of 23. The firm maintains a market beta of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WPP SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding WPP SP is expected to be smaller as well. Please check WPP SP's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether WPP SP's historical returns will revert.
Auto-correlation | 0.75 |
Good predictability
WPP SP ADR has good predictability. Overlapping area represents the amount of predictability between WPP SP time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 WPP SP ADR price movement. The serial correlation of 0.75 indicates that around 75.0% of current WPP SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.22 |
WPP SP ADR lagged returns against current returns
Autocorrelation, which is WPP SP 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 WPP SP's stock expected returns. We can calculate the autocorrelation of WPP SP returns to help us make a trade decision. For example, suppose you find that WPP SP 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 |
WPP SP 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 WPP SP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WPP SP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WPP SP stock over time.
Current vs Lagged Prices |
| Timeline |
WPP SP Lagged Returns
When evaluating WPP SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WPP SP stock have on its future price. WPP SP 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, WPP SP autocorrelation shows the relationship between WPP SP stock current value and its past values and can show if there is a momentum factor associated with investing in WPP SP ADR.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for WPP Stock Analysis
When running WPP SP's price analysis, check to measure WPP SP'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 WPP SP is operating at the current time. Most of WPP SP's value examination focuses on studying past and present price action to predict the probability of WPP SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP SP's price. Additionally, you may evaluate how the addition of WPP SP to your portfolios can decrease your overall portfolio volatility.