Wallenius Wilhelmsen (Norway) Market Value
| WAWI Stock | NOK 107.50 2.10 1.99% |
| Symbol | Wallenius |
Wallenius Wilhelmsen '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 Wallenius Wilhelmsen'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 Wallenius Wilhelmsen.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Wallenius Wilhelmsen on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Wallenius Wilhelmsen Logistics or generate 0.0% return on investment in Wallenius Wilhelmsen over 30 days. Wallenius Wilhelmsen is related to or competes with Hoegh Autoliners, Stolt Nielsen, MPC Container, Aker BP, and Belships. Wallenius Wilhelmsen ASA, together with its subsidiaries, provides roll-on roll-off shipping and vehicle logistics servi... More
Wallenius Wilhelmsen 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 Wallenius Wilhelmsen'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 Wallenius Wilhelmsen Logistics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.06 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 3.41 |
Wallenius Wilhelmsen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wallenius Wilhelmsen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wallenius Wilhelmsen's standard deviation. In reality, there are many statistical measures that can use Wallenius Wilhelmsen historical prices to predict the future Wallenius Wilhelmsen's volatility.| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | 0.0231 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
Wallenius Wilhelmsen Backtested Returns
As of now, Wallenius Stock is very steady. Wallenius Wilhelmsen shows Sharpe Ratio of 0.0265, which attests that the company had a 0.0265% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wallenius Wilhelmsen, which you can use to evaluate the volatility of the company. Please check out Wallenius Wilhelmsen's Market Risk Adjusted Performance of (0.01), mean deviation of 1.91, and Downside Deviation of 3.06 to validate if the risk estimate we provide is consistent with the expected return of 0.0676%. Wallenius Wilhelmsen has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wallenius Wilhelmsen are expected to decrease at a much lower rate. During the bear market, Wallenius Wilhelmsen is likely to outperform the market. Wallenius Wilhelmsen right now maintains a risk of 2.55%. Please check out Wallenius Wilhelmsen sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Wallenius Wilhelmsen will be following its historical returns.
Auto-correlation | -0.65 |
Very good reverse predictability
Wallenius Wilhelmsen Logistics has very good reverse predictability. Overlapping area represents the amount of predictability between Wallenius Wilhelmsen time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Wallenius Wilhelmsen price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Wallenius Wilhelmsen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 11.98 |
Wallenius Wilhelmsen lagged returns against current returns
Autocorrelation, which is Wallenius Wilhelmsen 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 Wallenius Wilhelmsen's stock expected returns. We can calculate the autocorrelation of Wallenius Wilhelmsen returns to help us make a trade decision. For example, suppose you find that Wallenius Wilhelmsen 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 |
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Wallenius Wilhelmsen 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 Wallenius Wilhelmsen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wallenius Wilhelmsen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wallenius Wilhelmsen stock over time.
Current vs Lagged Prices |
| Timeline |
Wallenius Wilhelmsen Lagged Returns
When evaluating Wallenius Wilhelmsen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wallenius Wilhelmsen stock have on its future price. Wallenius Wilhelmsen 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, Wallenius Wilhelmsen autocorrelation shows the relationship between Wallenius Wilhelmsen stock current value and its past values and can show if there is a momentum factor associated with investing in Wallenius Wilhelmsen Logistics.
Regressed Prices |
| Timeline |
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Wallenius Wilhelmsen financial ratios help investors to determine whether Wallenius 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 Wallenius with respect to the benefits of owning Wallenius Wilhelmsen security.