Whirlpool Stock Market Value
| WHR Stock | USD 112.52 1.34 1.21% |
| Symbol | Whirlpool |
Whirlpool Price To Book Ratio
Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Whirlpool. If investors know Whirlpool will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Whirlpool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.309 | Dividend Share 7 | Earnings Share 10.16 | Revenue Per Share 318.82 | Quarterly Revenue Growth (0.19) |
The market value of Whirlpool is measured differently than its book value, which is the value of Whirlpool that is recorded on the company's balance sheet. Investors also form their own opinion of Whirlpool's value that differs from its market value or its book value, called intrinsic value, which is Whirlpool's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Whirlpool's market value can be influenced by many factors that don't directly affect Whirlpool's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Whirlpool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Whirlpool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Whirlpool's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Whirlpool on February 29, 2024 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 270 days. Whirlpool is related to or competes with Ethan Allen, Mohawk Industries, Tempur Sealy, MillerKnoll, La Z, MasterBrand, and Flexsteel Industries. Whirlpool Corporation manufactures and markets home appliances and related products 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 | 1.75 | |||
| Information Ratio | 0.0675 | |||
| Maximum Drawdown | 16.9 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.78 |
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 | 0.1029 | |||
| Jensen Alpha | 0.1471 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0869 | |||
| Treynor Ratio | 0.262 |
Whirlpool Backtested Returns
Whirlpool appears to be very steady, given 3 months investment horizon. Whirlpool shows Sharpe Ratio of 0.0969, which attests that the company had a 0.0969% return per unit of risk over the last 3 months. We have found thirty technical indicators for Whirlpool, which you can use to evaluate the volatility of the company. Please utilize Whirlpool's Market Risk Adjusted Performance of 0.272, mean deviation of 1.5, and Downside Deviation of 1.75 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Whirlpool holds a performance score of 7. The firm maintains a market beta of 1.04, which attests to a somewhat significant risk relative to the market. Whirlpool returns are very sensitive to returns on the market. As the market goes up or down, Whirlpool is expected to follow. Please check Whirlpool's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Whirlpool's historical returns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Whirlpool has poor reverse predictability. Overlapping area represents the amount of predictability between Whirlpool time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Whirlpool price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Whirlpool price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 35.6 |
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 |
| 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.
Regressed Prices |
| Timeline |
Pair Trading with Whirlpool
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whirlpool position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whirlpool will appreciate offsetting losses from the drop in the long position's value.Moving together with Whirlpool Stock
| 0.7 | BH | Biglari Holdings | PairCorr |
| 0.67 | CMG | Chipotle Mexican Grill Aggressive Push | PairCorr |
| 0.76 | GPI | Group 1 Automotive | PairCorr |
Moving against Whirlpool Stock
| 0.82 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.73 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.68 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.54 | ASO | Academy Sports Outdoors Earnings Call This Week | PairCorr |
| 0.34 | PBCRF | PT Bank Central | PairCorr |
The ability to find closely correlated positions to Whirlpool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whirlpool when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whirlpool - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whirlpool to buy it.
The correlation of Whirlpool is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whirlpool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whirlpool moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Whirlpool can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Whirlpool Stock Analysis
When running Whirlpool's price analysis, check to measure Whirlpool'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 Whirlpool is operating at the current time. Most of Whirlpool's value examination focuses on studying past and present price action to predict the probability of Whirlpool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whirlpool's price. Additionally, you may evaluate how the addition of Whirlpool to your portfolios can decrease your overall portfolio volatility.