Wilson Bayly (South Africa) Market Value
| WBO Stock | 20,410 189.00 0.93% |
| Symbol | Wilson |
Wilson Bayly '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 Wilson Bayly'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 Wilson Bayly.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Wilson Bayly on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Wilson Bayly Holmes or generate 0.0% return on investment in Wilson Bayly over 720 days. Wilson Bayly is related to or competes with Harmony Gold, HomeChoice Investments, Trematon Capital, Kumba Iron, and Brimstone Investment. More
Wilson Bayly 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 Wilson Bayly'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 Wilson Bayly Holmes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.08 |
Wilson Bayly Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilson Bayly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilson Bayly's standard deviation. In reality, there are many statistical measures that can use Wilson Bayly historical prices to predict the future Wilson Bayly's volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.058 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.09) |
Wilson Bayly Holmes Backtested Returns
At this point, Wilson Bayly is very steady. Wilson Bayly Holmes shows Sharpe Ratio of 0.0183, which attests that the company had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wilson Bayly Holmes, which you can use to evaluate the volatility of the company. Please check out Wilson Bayly's Downside Deviation of 1.36, mean deviation of 1.07, and Market Risk Adjusted Performance of (0.08) to validate if the risk estimate we provide is consistent with the expected return of 0.0263%. Wilson Bayly has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wilson Bayly are expected to decrease at a much lower rate. During the bear market, Wilson Bayly is likely to outperform the market. Wilson Bayly Holmes right now maintains a risk of 1.44%. Please check out Wilson Bayly Holmes value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Wilson Bayly Holmes will be following its historical returns.
Auto-correlation | 0.84 |
Very good predictability
Wilson Bayly Holmes has very good predictability. Overlapping area represents the amount of predictability between Wilson Bayly time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Wilson Bayly Holmes price movement. The serial correlation of 0.84 indicates that around 84.0% of current Wilson Bayly price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 11.6 M |
Wilson Bayly Holmes lagged returns against current returns
Autocorrelation, which is Wilson Bayly 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 Wilson Bayly's stock expected returns. We can calculate the autocorrelation of Wilson Bayly returns to help us make a trade decision. For example, suppose you find that Wilson Bayly 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 |
Wilson Bayly 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 Wilson Bayly stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilson Bayly stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilson Bayly stock over time.
Current vs Lagged Prices |
| Timeline |
Wilson Bayly Lagged Returns
When evaluating Wilson Bayly's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilson Bayly stock have on its future price. Wilson Bayly 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, Wilson Bayly autocorrelation shows the relationship between Wilson Bayly stock current value and its past values and can show if there is a momentum factor associated with investing in Wilson Bayly Holmes.
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.Other Information on Investing in Wilson Stock
Wilson Bayly financial ratios help investors to determine whether Wilson 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 Wilson with respect to the benefits of owning Wilson Bayly security.