Winnebago Industries (Germany) Market Value
| WI1 Stock | EUR 45.80 0.74 1.64% |
| Symbol | Winnebago |
Winnebago Industries '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 Winnebago Industries' 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 Winnebago Industries.
| 07/21/2024 |
| 01/17/2025 |
If you would invest 0.00 in Winnebago Industries on July 21, 2024 and sell it all today you would earn a total of 0.00 from holding Winnebago Industries or generate 0.0% return on investment in Winnebago Industries over 180 days. Winnebago Industries is related to or competes with DALATA HOTEL, InterContinental, PPHE HOTEL, Japan Tobacco, GungHo Online, and Carsales. Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure t... More
Winnebago Industries 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 Winnebago Industries' 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 Winnebago Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.44 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 3.91 |
Winnebago Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Winnebago Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Winnebago Industries' standard deviation. In reality, there are many statistical measures that can use Winnebago Industries historical prices to predict the future Winnebago Industries' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.41) |
Winnebago Industries Backtested Returns
Winnebago Industries shows Sharpe Ratio of -0.0936, which attests that the company had a -0.0936% return per unit of risk over the last 3 months. Winnebago Industries exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Winnebago Industries' Standard Deviation of 2.8, market risk adjusted performance of (0.40), and Mean Deviation of 2.14 to validate the risk estimate we provide. The firm maintains a market beta of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Winnebago Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Winnebago Industries is expected to be smaller as well. At this point, Winnebago Industries has a negative expected return of -0.27%. Please make sure to check out Winnebago Industries' total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Winnebago Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Winnebago Industries has insignificant reverse predictability. Overlapping area represents the amount of predictability between Winnebago Industries time series from 21st of July 2024 to 19th of October 2024 and 19th of October 2024 to 17th of January 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 Winnebago Industries price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Winnebago Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 15.05 |
Winnebago Industries lagged returns against current returns
Autocorrelation, which is Winnebago Industries 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 Winnebago Industries' stock expected returns. We can calculate the autocorrelation of Winnebago Industries returns to help us make a trade decision. For example, suppose you find that Winnebago Industries 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 |
Winnebago Industries 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 Winnebago Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Winnebago Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Winnebago Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Winnebago Industries Lagged Returns
When evaluating Winnebago Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Winnebago Industries stock have on its future price. Winnebago Industries 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, Winnebago Industries autocorrelation shows the relationship between Winnebago Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Winnebago Industries.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Winnebago Stock
When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:Check out Winnebago Industries Correlation, Winnebago Industries Volatility and Winnebago Industries Alpha and Beta module to complement your research on Winnebago Industries. For more detail on how to invest in Winnebago Stock please use our How to Invest in Winnebago Industries guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Winnebago Industries 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.