Wam Capital (Australia) Market Value
| WAM Stock | 1.53 0.01 0.65% |
| Symbol | Wam |
Wam Capital '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 Wam Capital'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 Wam Capital.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Wam Capital on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Wam Capital or generate 0.0% return on investment in Wam Capital over 30 days. Wam Capital is related to or competes with Australian Strategic, and Collins Foods. Wam Capital is entity of Australia. It is traded as Stock on AU exchange. More
Wam Capital 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 Wam Capital'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 Wam Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7941 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6711 |
Wam Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wam Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wam Capital's standard deviation. In reality, there are many statistical measures that can use Wam Capital historical prices to predict the future Wam Capital's volatility.| Risk Adjusted Performance | 0.0238 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.1451 |
Wam Capital Backtested Returns
Currently, Wam Capital is somewhat reliable. Wam Capital shows Sharpe Ratio of 0.02, which attests that the company had a 0.02% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wam Capital, which you can use to evaluate the volatility of the company. Please check out Wam Capital's Market Risk Adjusted Performance of 0.1551, mean deviation of 0.4667, and Downside Deviation of 0.7941 to validate if the risk estimate we provide is consistent with the expected return of 0.012%. Wam Capital has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of 0.0816, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wam Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wam Capital is expected to be smaller as well. Wam Capital right now maintains a risk of 0.6%. Please check out Wam Capital total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Wam Capital will be following its historical returns.
Auto-correlation | -0.59 |
Good reverse predictability
Wam Capital has good reverse predictability. Overlapping area represents the amount of predictability between Wam Capital time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Wam Capital price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Wam Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wam Capital lagged returns against current returns
Autocorrelation, which is Wam Capital 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 Wam Capital's stock expected returns. We can calculate the autocorrelation of Wam Capital returns to help us make a trade decision. For example, suppose you find that Wam Capital 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 |
Wam Capital 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 Wam Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wam Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wam Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Wam Capital Lagged Returns
When evaluating Wam Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wam Capital stock have on its future price. Wam Capital 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, Wam Capital autocorrelation shows the relationship between Wam Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Wam Capital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Wam Stock Analysis
When running Wam Capital's price analysis, check to measure Wam Capital'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 Wam Capital is operating at the current time. Most of Wam Capital's value examination focuses on studying past and present price action to predict the probability of Wam Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wam Capital's price. Additionally, you may evaluate how the addition of Wam Capital to your portfolios can decrease your overall portfolio volatility.