WINMARK (Germany) Market Value
| GBZ Stock | EUR 390.00 2.00 0.52% |
| Symbol | WINMARK |
WINMARK '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 WINMARK'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 WINMARK.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in WINMARK on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding WINMARK or generate 0.0% return on investment in WINMARK over 360 days. WINMARK is related to or competes with Alaska Air, NORWEGIAN AIR, Transportadora, SCANSOURCE (SC3SG), Transport International, and Gold Road. More
WINMARK 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 WINMARK'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 WINMARK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.0908 | |||
| Maximum Drawdown | 10.23 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.73 |
WINMARK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WINMARK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WINMARK's standard deviation. In reality, there are many statistical measures that can use WINMARK historical prices to predict the future WINMARK's volatility.| Risk Adjusted Performance | 0.123 | |||
| Jensen Alpha | 0.2933 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0901 | |||
| Treynor Ratio | 12.49 |
WINMARK Backtested Returns
WINMARK appears to be very steady, given 3 months investment horizon. WINMARK shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for WINMARK, which you can use to evaluate the volatility of the company. Please utilize WINMARK's Mean Deviation of 1.53, downside deviation of 2.02, and Risk Adjusted Performance of 0.123 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WINMARK holds a performance score of 12. The firm maintains a market beta of 0.0237, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WINMARK's returns are expected to increase less than the market. However, during the bear market, the loss of holding WINMARK is expected to be smaller as well. Please check WINMARK's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether WINMARK's historical returns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
WINMARK has poor reverse predictability. Overlapping area represents the amount of predictability between WINMARK time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 WINMARK price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current WINMARK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 374.73 |
WINMARK lagged returns against current returns
Autocorrelation, which is WINMARK 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 WINMARK's stock expected returns. We can calculate the autocorrelation of WINMARK returns to help us make a trade decision. For example, suppose you find that WINMARK 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 |
WINMARK 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 WINMARK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WINMARK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WINMARK stock over time.
Current vs Lagged Prices |
| Timeline |
WINMARK Lagged Returns
When evaluating WINMARK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WINMARK stock have on its future price. WINMARK 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, WINMARK autocorrelation shows the relationship between WINMARK stock current value and its past values and can show if there is a momentum factor associated with investing in WINMARK.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in WINMARK Stock
When determining whether WINMARK offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WINMARK's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winmark Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winmark Stock:Check out WINMARK Correlation, WINMARK Volatility and WINMARK Alpha and Beta module to complement your research on WINMARK. For information on how to trade WINMARK Stock refer to our How to Trade WINMARK Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
WINMARK technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.