Wereldhave (Netherlands) Market Value
| WHA Stock | EUR 13.90 0.08 0.57% |
| Symbol | Wereldhave |
Wereldhave '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 Wereldhave'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 Wereldhave.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Wereldhave on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Wereldhave NV or generate 0.0% return on investment in Wereldhave over 540 days. Wereldhave is related to or competes with Eurocommercial Properties, Vastned Retail, Koninklijke BAM, NSI NV, and NN Group. Our centers are places where people go, not only to shop, but also to work, relax and spend time with friends and family More
Wereldhave 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 Wereldhave'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 Wereldhave NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.36 |
Wereldhave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wereldhave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wereldhave's standard deviation. In reality, there are many statistical measures that can use Wereldhave historical prices to predict the future Wereldhave's volatility.| Risk Adjusted Performance | 2.0E-4 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.0848 |
Wereldhave NV Backtested Returns
Wereldhave NV shows Sharpe Ratio of -0.038, which attests that the company had a -0.038% return per unit of risk over the last 3 months. Wereldhave NV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wereldhave's Market Risk Adjusted Performance of 0.0948, mean deviation of 0.6617, and Standard Deviation of 0.8465 to validate the risk estimate we provide. The firm maintains a market beta of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wereldhave are expected to decrease at a much lower rate. During the bear market, Wereldhave is likely to outperform the market. At this point, Wereldhave NV has a negative expected return of -0.0319%. Please make sure to check out Wereldhave's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Wereldhave NV performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Wereldhave NV has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wereldhave time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Wereldhave NV price movement. The serial correlation of -0.17 indicates that over 17.0% of current Wereldhave price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Wereldhave NV lagged returns against current returns
Autocorrelation, which is Wereldhave 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 Wereldhave's stock expected returns. We can calculate the autocorrelation of Wereldhave returns to help us make a trade decision. For example, suppose you find that Wereldhave 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 |
Wereldhave 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 Wereldhave stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wereldhave stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wereldhave stock over time.
Current vs Lagged Prices |
| Timeline |
Wereldhave Lagged Returns
When evaluating Wereldhave's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wereldhave stock have on its future price. Wereldhave 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, Wereldhave autocorrelation shows the relationship between Wereldhave stock current value and its past values and can show if there is a momentum factor associated with investing in Wereldhave NV.
Regressed Prices |
| Timeline |
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Additional Tools for Wereldhave Stock Analysis
When running Wereldhave's price analysis, check to measure Wereldhave'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 Wereldhave is operating at the current time. Most of Wereldhave's value examination focuses on studying past and present price action to predict the probability of Wereldhave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wereldhave's price. Additionally, you may evaluate how the addition of Wereldhave to your portfolios can decrease your overall portfolio volatility.