Webster Financial (Germany) Market Value
| WED Stock | EUR 56.50 1.50 2.73% |
| Symbol | Webster |
Webster Financial '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 Webster Financial'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 Webster Financial.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Webster Financial on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Webster Financial or generate 0.0% return on investment in Webster Financial over 30 days. Webster Financial is related to or competes with Regions Financial, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides a ran... More
Webster Financial 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 Webster Financial'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 Webster Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1475 | |||
| Maximum Drawdown | 20.23 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 4.97 |
Webster Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Webster Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Webster Financial's standard deviation. In reality, there are many statistical measures that can use Webster Financial historical prices to predict the future Webster Financial's volatility.| Risk Adjusted Performance | 0.1465 | |||
| Jensen Alpha | 0.6082 | |||
| Total Risk Alpha | 0.1537 | |||
| Sortino Ratio | 0.2274 | |||
| Treynor Ratio | (1.35) |
Webster Financial Backtested Returns
Webster Financial appears to be very steady, given 3 months investment horizon. Webster Financial shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. By examining Webster Financial's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Webster Financial's Market Risk Adjusted Performance of (1.34), mean deviation of 2.06, and Downside Deviation of 2.05 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Webster Financial holds a performance score of 12. The firm maintains a market beta of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Webster Financial are expected to decrease at a much lower rate. During the bear market, Webster Financial is likely to outperform the market. Please check Webster Financial's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Webster Financial's historical returns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Webster Financial has virtually no predictability. Overlapping area represents the amount of predictability between Webster Financial time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Webster Financial price movement. The serial correlation of 0.03 indicates that only 3.0% of current Webster Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.55 |
Webster Financial lagged returns against current returns
Autocorrelation, which is Webster Financial 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 Webster Financial's stock expected returns. We can calculate the autocorrelation of Webster Financial returns to help us make a trade decision. For example, suppose you find that Webster Financial 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 |
Webster Financial 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 Webster Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Webster Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Webster Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Webster Financial Lagged Returns
When evaluating Webster Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Webster Financial stock have on its future price. Webster Financial 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, Webster Financial autocorrelation shows the relationship between Webster Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Webster Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Webster Stock
When determining whether Webster Financial is a strong investment it is important to analyze Webster Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Webster Financial's future performance. For an informed investment choice regarding Webster Stock, refer to the following important reports:Check out Webster Financial Correlation, Webster Financial Volatility and Webster Financial Alpha and Beta module to complement your research on Webster Financial. For more detail on how to invest in Webster Stock please use our How to Invest in Webster Financial guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Webster Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.