Wacker Neuson (Germany) Market Value
| WAC Stock | 14.38 0.02 0.14% |
| Symbol | Wacker |
Wacker Neuson '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 Wacker Neuson'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 Wacker Neuson.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Wacker Neuson on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Wacker Neuson SE or generate 0.0% return on investment in Wacker Neuson over 90 days. Wacker Neuson is related to or competes with Corporate Office, LGI Homes, DFS Furniture, Western Copper, LION ONE, Jacquet Metal, and SWISS WATER. More
Wacker Neuson 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 Wacker Neuson'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 Wacker Neuson SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.14 |
Wacker Neuson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wacker Neuson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wacker Neuson's standard deviation. In reality, there are many statistical measures that can use Wacker Neuson historical prices to predict the future Wacker Neuson's volatility.| Risk Adjusted Performance | 0.0571 | |||
| Jensen Alpha | 0.0986 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | 0.529 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wacker Neuson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wacker Neuson SE Backtested Returns
Currently, Wacker Neuson SE is not too volatile. Wacker Neuson SE shows Sharpe Ratio of 0.0704, which attests that the company had a 0.0704% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wacker Neuson SE, which you can use to evaluate the volatility of the company. Please check out Wacker Neuson's Downside Deviation of 2.24, mean deviation of 1.49, and Market Risk Adjusted Performance of 0.539 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Wacker Neuson has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wacker Neuson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wacker Neuson is expected to be smaller as well. Wacker Neuson SE right now maintains a risk of 1.93%. Please check out Wacker Neuson SE jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Wacker Neuson SE will be following its historical returns.
Auto-correlation | -0.45 |
Modest reverse predictability
Wacker Neuson SE has modest reverse predictability. Overlapping area represents the amount of predictability between Wacker Neuson time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Wacker Neuson SE price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Wacker Neuson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Wacker Neuson SE lagged returns against current returns
Autocorrelation, which is Wacker Neuson 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 Wacker Neuson's stock expected returns. We can calculate the autocorrelation of Wacker Neuson returns to help us make a trade decision. For example, suppose you find that Wacker Neuson 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 |
Wacker Neuson 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 Wacker Neuson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wacker Neuson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wacker Neuson stock over time.
Current vs Lagged Prices |
| Timeline |
Wacker Neuson Lagged Returns
When evaluating Wacker Neuson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wacker Neuson stock have on its future price. Wacker Neuson 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, Wacker Neuson autocorrelation shows the relationship between Wacker Neuson stock current value and its past values and can show if there is a momentum factor associated with investing in Wacker Neuson SE.
Regressed Prices |
| Timeline |
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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 Tools for Wacker Stock Analysis
When running Wacker Neuson's price analysis, check to measure Wacker Neuson'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 Wacker Neuson is operating at the current time. Most of Wacker Neuson's value examination focuses on studying past and present price action to predict the probability of Wacker Neuson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wacker Neuson's price. Additionally, you may evaluate how the addition of Wacker Neuson to your portfolios can decrease your overall portfolio volatility.