Welltower (Germany) Market Value
| HCW Stock | EUR 132.30 0.90 0.68% |
| Symbol | Welltower |
Welltower '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 Welltower'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 Welltower.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Welltower on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Welltower or generate 0.0% return on investment in Welltower over 390 days. Welltower is related to or competes with Sabra Health, National Health, GEO, and Universal Health. , an SP 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure More
Welltower 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 Welltower'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 Welltower upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.1672 | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 2.45 |
Welltower Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Welltower's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Welltower's standard deviation. In reality, there are many statistical measures that can use Welltower historical prices to predict the future Welltower's volatility.| Risk Adjusted Performance | 0.2094 | |||
| Jensen Alpha | 0.3306 | |||
| Total Risk Alpha | 0.1334 | |||
| Sortino Ratio | 0.1726 | |||
| Treynor Ratio | 5.22 |
Welltower Backtested Returns
Welltower appears to be very steady, given 3 months investment horizon. Welltower shows Sharpe Ratio of 0.26, which attests that the company had a 0.26% return per unit of risk over the last 3 months. We have found thirty technical indicators for Welltower, which you can use to evaluate the volatility of the company. Please utilize Welltower's Mean Deviation of 1.01, downside deviation of 1.26, and Market Risk Adjusted Performance of 5.23 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Welltower holds a performance score of 20. The firm maintains a market beta of 0.0648, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Welltower's returns are expected to increase less than the market. However, during the bear market, the loss of holding Welltower is expected to be smaller as well. Please check Welltower's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether Welltower's historical returns will revert.
Auto-correlation | 0.85 |
Very good predictability
Welltower has very good predictability. Overlapping area represents the amount of predictability between Welltower time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Welltower price movement. The serial correlation of 0.85 indicates that around 85.0% of current Welltower price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 119.7 |
Welltower lagged returns against current returns
Autocorrelation, which is Welltower 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 Welltower's stock expected returns. We can calculate the autocorrelation of Welltower returns to help us make a trade decision. For example, suppose you find that Welltower 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 |
Welltower 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 Welltower stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Welltower stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Welltower stock over time.
Current vs Lagged Prices |
| Timeline |
Welltower Lagged Returns
When evaluating Welltower's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Welltower stock have on its future price. Welltower 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, Welltower autocorrelation shows the relationship between Welltower stock current value and its past values and can show if there is a momentum factor associated with investing in Welltower.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Welltower Stock
When determining whether Welltower is a strong investment it is important to analyze Welltower's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Welltower's future performance. For an informed investment choice regarding Welltower Stock, refer to the following important reports:Check out Welltower Correlation, Welltower Volatility and Welltower Alpha and Beta module to complement your research on Welltower. For more detail on how to invest in Welltower Stock please use our How to Invest in Welltower guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Welltower 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.