Whirlpool (India) Market Value
| WHIRLPOOL | 1,871 36.10 1.97% |
| Symbol | Whirlpool |
Whirlpool '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 Whirlpool'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 Whirlpool.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Whirlpool on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Whirlpool of India or generate 0.0% return on investment in Whirlpool over 360 days. Whirlpool is related to or competes with Cholamandalam Investment, Jindal Poly, ILFS Investment, Osia Hyper, Nalwa Sons, Pilani Investment, and Sintex Plastics. Whirlpool is entity of India. It is traded as Stock on NSE exchange. More
Whirlpool 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 Whirlpool'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 Whirlpool of India upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 2.28 |
Whirlpool Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whirlpool's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whirlpool's standard deviation. In reality, there are many statistical measures that can use Whirlpool historical prices to predict the future Whirlpool's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.57) |
Whirlpool of India Backtested Returns
Whirlpool of India shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Whirlpool of India exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whirlpool's Mean Deviation of 1.56, market risk adjusted performance of (0.56), and Standard Deviation of 2.1 to validate the risk estimate we provide. The firm maintains a market beta of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Whirlpool's returns are expected to increase less than the market. However, during the bear market, the loss of holding Whirlpool is expected to be smaller as well. At this point, Whirlpool of India has a negative expected return of -0.28%. Please make sure to check out Whirlpool's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Whirlpool of India performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Whirlpool of India has very weak reverse predictability. Overlapping area represents the amount of predictability between Whirlpool time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Whirlpool of India price movement. The serial correlation of -0.02 indicates that only 2.0% of current Whirlpool price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 32.7 K |
Whirlpool of India lagged returns against current returns
Autocorrelation, which is Whirlpool 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 Whirlpool's stock expected returns. We can calculate the autocorrelation of Whirlpool returns to help us make a trade decision. For example, suppose you find that Whirlpool 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 |
Whirlpool 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 Whirlpool stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whirlpool stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whirlpool stock over time.
Current vs Lagged Prices |
| Timeline |
Whirlpool Lagged Returns
When evaluating Whirlpool's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whirlpool stock have on its future price. Whirlpool 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, Whirlpool autocorrelation shows the relationship between Whirlpool stock current value and its past values and can show if there is a momentum factor associated with investing in Whirlpool of India.
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 Whirlpool Stock
Whirlpool financial ratios help investors to determine whether Whirlpool 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 Whirlpool with respect to the benefits of owning Whirlpool security.