WIMFARM SA (Germany) Market Value
| 6WW Stock | EUR 3.23 0.01 0.31% |
| Symbol | WIMFARM |
WIMFARM SA '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 WIMFARM SA'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 WIMFARM SA.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in WIMFARM SA on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding WIMFARM SA EO or generate 0.0% return on investment in WIMFARM SA over 180 days. WIMFARM SA is related to or competes with Eastman Chemical, Dave Busters, WILLIS LEASE, ATRESMEDIA, XLMedia PLC, Air Lease, and Mitsui Chemicals. WINFARM Socit anonyme provides a range of consulting and distance selling services for equipment and solutions to breede... More
WIMFARM SA 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 WIMFARM SA'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 WIMFARM SA EO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.81 | |||
| Information Ratio | 0.0057 | |||
| Maximum Drawdown | 40.6 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 7.42 |
WIMFARM SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WIMFARM SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WIMFARM SA's standard deviation. In reality, there are many statistical measures that can use WIMFARM SA historical prices to predict the future WIMFARM SA's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.3126 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0055 | |||
| Treynor Ratio | (0.1) |
WIMFARM SA EO Backtested Returns
WIMFARM SA appears to be very risky, given 3 months investment horizon. WIMFARM SA EO shows Sharpe Ratio of 0.0418, which attests that the company had a 0.0418% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for WIMFARM SA EO, which you can use to evaluate the volatility of the company. Please utilize WIMFARM SA's Downside Deviation of 4.81, mean deviation of 2.41, and Risk Adjusted Performance of 0.0334 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WIMFARM SA holds a performance score of 3. The firm maintains a market beta of -1.48, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning WIMFARM SA are expected to decrease by larger amounts. On the other hand, during market turmoil, WIMFARM SA is expected to outperform it. Please check WIMFARM SA's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether WIMFARM SA's historical returns will revert.
Auto-correlation | 0.48 |
Average predictability
WIMFARM SA EO has average predictability. Overlapping area represents the amount of predictability between WIMFARM SA time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 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 WIMFARM SA EO price movement. The serial correlation of 0.48 indicates that about 48.0% of current WIMFARM SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
WIMFARM SA EO lagged returns against current returns
Autocorrelation, which is WIMFARM SA 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 WIMFARM SA's stock expected returns. We can calculate the autocorrelation of WIMFARM SA returns to help us make a trade decision. For example, suppose you find that WIMFARM SA 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 |
WIMFARM SA 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 WIMFARM SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WIMFARM SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WIMFARM SA stock over time.
Current vs Lagged Prices |
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WIMFARM SA Lagged Returns
When evaluating WIMFARM SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WIMFARM SA stock have on its future price. WIMFARM SA 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, WIMFARM SA autocorrelation shows the relationship between WIMFARM SA stock current value and its past values and can show if there is a momentum factor associated with investing in WIMFARM SA EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WIMFARM Stock
WIMFARM SA financial ratios help investors to determine whether WIMFARM 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 WIMFARM with respect to the benefits of owning WIMFARM SA security.