WHIRLPOOL (Germany) Market Value
| WHR Stock | EUR 105.50 1.00 0.94% |
| 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.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in WHIRLPOOL on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding WHIRLPOOL or generate 0.0% return on investment in WHIRLPOOL over 360 days. WHIRLPOOL is related to or competes with Perseus Mining, Q2M Managementberatu, SBM OFFSHORE, Jupiter Fund, SOLSTAD OFFSHORE, Eidesvik Offshore, and Lion One. 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.063 | |||
| Maximum Drawdown | 15.76 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 3.96 |
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 | 0.1007 | |||
| Jensen Alpha | 0.3059 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | (1.02) |
WHIRLPOOL Backtested Returns
WHIRLPOOL appears to be very steady, given 3 months investment horizon. WHIRLPOOL shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for WHIRLPOOL, which you can use to evaluate the volatility of the company. Please utilize WHIRLPOOL's Mean Deviation of 1.6, risk adjusted performance of 0.1007, and Downside Deviation of 1.83 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WHIRLPOOL holds a performance score of 9. The firm maintains a market beta of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WHIRLPOOL are expected to decrease at a much lower rate. During the bear market, WHIRLPOOL is likely to outperform the market. Please check WHIRLPOOL's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether WHIRLPOOL's historical returns will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
WHIRLPOOL has very good reverse predictability. Overlapping area represents the amount of predictability between WHIRLPOOL time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current WHIRLPOOL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 45.65 |
WHIRLPOOL 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 |
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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 |
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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.
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.Additional Information and Resources on Investing in WHIRLPOOL Stock
When determining whether WHIRLPOOL is a strong investment it is important to analyze WHIRLPOOL'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 WHIRLPOOL's future performance. For an informed investment choice regarding WHIRLPOOL Stock, refer to the following important reports:Check out WHIRLPOOL Correlation, WHIRLPOOL Volatility and WHIRLPOOL Alpha and Beta module to complement your research on WHIRLPOOL. For information on how to trade WHIRLPOOL Stock refer to our How to Trade WHIRLPOOL Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
WHIRLPOOL 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.