Whitefield Income (Australia) Market Value
| WHI Stock | 1.40 0.01 0.71% |
| Symbol | Whitefield |
Whitefield Income '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 Whitefield Income'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 Whitefield Income.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Whitefield Income on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Whitefield Income or generate 0.0% return on investment in Whitefield Income over 570 days. Whitefield Income is related to or competes with Thorney Technologies, Pinnacle Investment, Alternative Investment, Sports Entertainment, Diversified United, Wisetech Global, and Carlton Investments. More
Whitefield Income 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 Whitefield Income'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 Whitefield Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.22 |
Whitefield Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitefield Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitefield Income's standard deviation. In reality, there are many statistical measures that can use Whitefield Income historical prices to predict the future Whitefield Income's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.548 |
Whitefield Income Backtested Returns
Whitefield Income shows Sharpe Ratio of -0.0449, which attests that the company had a -0.0449 % return per unit of risk over the last 3 months. Whitefield Income exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whitefield Income's Market Risk Adjusted Performance of 0.558, standard deviation of 1.68, and Mean Deviation of 1.21 to validate the risk estimate we provide. The firm maintains a market beta of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Whitefield Income are expected to decrease at a much lower rate. During the bear market, Whitefield Income is likely to outperform the market. At this point, Whitefield Income has a negative expected return of -0.0757%. Please make sure to check out Whitefield Income's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Whitefield Income performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Whitefield Income has very weak predictability. Overlapping area represents the amount of predictability between Whitefield Income time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Whitefield Income price movement. The serial correlation of 0.19 indicates that over 19.0% of current Whitefield Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Whitefield Income lagged returns against current returns
Autocorrelation, which is Whitefield Income 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 Whitefield Income's stock expected returns. We can calculate the autocorrelation of Whitefield Income returns to help us make a trade decision. For example, suppose you find that Whitefield Income 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 |
Whitefield Income 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 Whitefield Income stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitefield Income stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitefield Income stock over time.
Current vs Lagged Prices |
| Timeline |
Whitefield Income Lagged Returns
When evaluating Whitefield Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitefield Income stock have on its future price. Whitefield Income 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, Whitefield Income autocorrelation shows the relationship between Whitefield Income stock current value and its past values and can show if there is a momentum factor associated with investing in Whitefield Income.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Whitefield Stock Analysis
When running Whitefield Income's price analysis, check to measure Whitefield Income'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 Whitefield Income is operating at the current time. Most of Whitefield Income's value examination focuses on studying past and present price action to predict the probability of Whitefield Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitefield Income's price. Additionally, you may evaluate how the addition of Whitefield Income to your portfolios can decrease your overall portfolio volatility.