Wienerberger Baustoffindustrie Stock Market Value
| WBRBY Stock | USD 5.82 0.01 0.17% |
| Symbol | Wienerberger |
Wienerberger Baustoffindustri '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 Wienerberger Baustoffindustri's pink sheet 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 Wienerberger Baustoffindustri.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Wienerberger Baustoffindustri on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wienerberger Baustoffindustrie or generate 0.0% return on investment in Wienerberger Baustoffindustri over 30 days. Wienerberger Baustoffindustri is related to or competes with Xinyi Glass, CEMATRIX, CEMEX SAB, China National, and Holcim. Wienerberger AG produces and sells bricks, roof tiles, concrete pavers, and pipe systems in Europe More
Wienerberger Baustoffindustri 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 Wienerberger Baustoffindustri's pink sheet 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 Wienerberger Baustoffindustrie upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.32 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 4.62 |
Wienerberger Baustoffindustri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wienerberger Baustoffindustri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wienerberger Baustoffindustri's standard deviation. In reality, there are many statistical measures that can use Wienerberger Baustoffindustri historical prices to predict the future Wienerberger Baustoffindustri's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.06) |
Wienerberger Baustoffindustri Backtested Returns
Wienerberger Baustoffindustri shows Sharpe Ratio of -0.0335, which attests that the company had a -0.0335% return per unit of risk over the last 3 months. Wienerberger Baustoffindustri exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wienerberger Baustoffindustri's Standard Deviation of 3.08, mean deviation of 2.33, and Market Risk Adjusted Performance of (1.05) to validate the risk estimate we provide. The firm maintains a market beta of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wienerberger Baustoffindustri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wienerberger Baustoffindustri is expected to be smaller as well. At this point, Wienerberger Baustoffindustri has a negative expected return of -0.097%. Please make sure to check out Wienerberger Baustoffindustri's standard deviation, potential upside, as well as the relationship between the Potential Upside and day typical price , to decide if Wienerberger Baustoffindustri performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Wienerberger Baustoffindustrie has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wienerberger Baustoffindustri time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Wienerberger Baustoffindustri price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Wienerberger Baustoffindustri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Wienerberger Baustoffindustri lagged returns against current returns
Autocorrelation, which is Wienerberger Baustoffindustri pink sheet'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 Wienerberger Baustoffindustri's pink sheet expected returns. We can calculate the autocorrelation of Wienerberger Baustoffindustri returns to help us make a trade decision. For example, suppose you find that Wienerberger Baustoffindustri has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Wienerberger Baustoffindustri 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 Wienerberger Baustoffindustri pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wienerberger Baustoffindustri pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wienerberger Baustoffindustri pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wienerberger Baustoffindustri Lagged Returns
When evaluating Wienerberger Baustoffindustri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wienerberger Baustoffindustri pink sheet have on its future price. Wienerberger Baustoffindustri 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, Wienerberger Baustoffindustri autocorrelation shows the relationship between Wienerberger Baustoffindustri pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wienerberger Baustoffindustrie.
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 Wienerberger Pink Sheet Analysis
When running Wienerberger Baustoffindustri's price analysis, check to measure Wienerberger Baustoffindustri'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 Wienerberger Baustoffindustri is operating at the current time. Most of Wienerberger Baustoffindustri's value examination focuses on studying past and present price action to predict the probability of Wienerberger Baustoffindustri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wienerberger Baustoffindustri's price. Additionally, you may evaluate how the addition of Wienerberger Baustoffindustri to your portfolios can decrease your overall portfolio volatility.