WILLIS LEASE (Germany) Market Value
| WIJ Stock | EUR 177.00 1.00 0.56% |
| Symbol | WILLIS |
WILLIS LEASE '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 WILLIS LEASE'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 WILLIS LEASE.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in WILLIS LEASE on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding WILLIS LEASE FIN or generate 0.0% return on investment in WILLIS LEASE over 390 days. WILLIS LEASE is related to or competes with United Rentals, WillScot Mobile, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide More
WILLIS LEASE 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 WILLIS LEASE'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 WILLIS LEASE FIN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | 0.1873 | |||
| Maximum Drawdown | 32.86 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 7.26 |
WILLIS LEASE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WILLIS LEASE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WILLIS LEASE's standard deviation. In reality, there are many statistical measures that can use WILLIS LEASE historical prices to predict the future WILLIS LEASE's volatility.| Risk Adjusted Performance | 0.1697 | |||
| Jensen Alpha | 0.9124 | |||
| Total Risk Alpha | 0.3555 | |||
| Sortino Ratio | 0.1985 | |||
| Treynor Ratio | 3.11 |
WILLIS LEASE FIN Backtested Returns
WILLIS LEASE is very steady given 3 months investment horizon. WILLIS LEASE FIN shows Sharpe Ratio of 0.23, which attests that the company had a 0.23% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use WILLIS LEASE FIN Downside Deviation of 4.25, mean deviation of 3.15, and Risk Adjusted Performance of 0.1697 to evaluate company specific risk that cannot be diversified away. WILLIS LEASE holds a performance score of 17 on a scale of zero to a hundred. The firm maintains a market beta of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WILLIS LEASE's returns are expected to increase less than the market. However, during the bear market, the loss of holding WILLIS LEASE is expected to be smaller as well. Use WILLIS LEASE FIN value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to analyze future returns on WILLIS LEASE FIN.
Auto-correlation | 0.75 |
Good predictability
WILLIS LEASE FIN has good predictability. Overlapping area represents the amount of predictability between WILLIS LEASE time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 WILLIS LEASE FIN price movement. The serial correlation of 0.75 indicates that around 75.0% of current WILLIS LEASE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 1902.07 |
WILLIS LEASE FIN lagged returns against current returns
Autocorrelation, which is WILLIS LEASE 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 WILLIS LEASE's stock expected returns. We can calculate the autocorrelation of WILLIS LEASE returns to help us make a trade decision. For example, suppose you find that WILLIS LEASE 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 |
WILLIS LEASE 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 WILLIS LEASE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WILLIS LEASE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WILLIS LEASE stock over time.
Current vs Lagged Prices |
| Timeline |
WILLIS LEASE Lagged Returns
When evaluating WILLIS LEASE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WILLIS LEASE stock have on its future price. WILLIS LEASE 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, WILLIS LEASE autocorrelation shows the relationship between WILLIS LEASE stock current value and its past values and can show if there is a momentum factor associated with investing in WILLIS LEASE FIN.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WILLIS Stock
WILLIS LEASE financial ratios help investors to determine whether WILLIS 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 WILLIS with respect to the benefits of owning WILLIS LEASE security.