Woolworths Holdings Ltd Stock Market Value
| WLWHY Stock | USD 3.78 0.01 0.26% |
| Symbol | Woolworths |
Woolworths Holdings '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 Woolworths Holdings' pink sheet 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 Woolworths Holdings.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Woolworths Holdings on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Woolworths Holdings Ltd or generate 0.0% return on investment in Woolworths Holdings over 360 days. Woolworths Holdings is related to or competes with Dillards Capital. Woolworths Holdings Limited, through its subsidiaries, operates a chain of retail stores in sub-Saharan Africa, Australi... More
Woolworths Holdings 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 Woolworths Holdings' pink sheet 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 Woolworths Holdings Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.36 | |||
| Information Ratio | 0.01 | |||
| Maximum Drawdown | 26.57 | |||
| Value At Risk | (6.50) | |||
| Potential Upside | 7.06 |
Woolworths Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Woolworths Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Woolworths Holdings' standard deviation. In reality, there are many statistical measures that can use Woolworths Holdings historical prices to predict the future Woolworths Holdings' volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.0692 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.193 |
Woolworths Holdings Backtested Returns
At this stage we consider Woolworths Pink Sheet to be risky. Woolworths Holdings shows Sharpe Ratio of 0.0294, which attests that the company had a 0.0294% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Woolworths Holdings, which you can use to evaluate the volatility of the company. Please check out Woolworths Holdings' Mean Deviation of 2.59, downside deviation of 6.36, and Market Risk Adjusted Performance of 0.203 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Woolworths Holdings has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Woolworths Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Woolworths Holdings is expected to be smaller as well. Woolworths Holdings right now maintains a risk of 4.41%. Please check out Woolworths Holdings total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if Woolworths Holdings will be following its historical returns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Woolworths Holdings Ltd has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Woolworths Holdings time series from 28th of November 2023 to 26th of May 2024 and 26th 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 Woolworths Holdings price movement. The serial correlation of -0.71 indicates that around 71.0% of current Woolworths Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Woolworths Holdings lagged returns against current returns
Autocorrelation, which is Woolworths Holdings pink sheet'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 Woolworths Holdings' pink sheet expected returns. We can calculate the autocorrelation of Woolworths Holdings returns to help us make a trade decision. For example, suppose you find that Woolworths Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Woolworths Holdings 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 Woolworths Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Woolworths Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Woolworths Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Woolworths Holdings Lagged Returns
When evaluating Woolworths Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Woolworths Holdings pink sheet have on its future price. Woolworths Holdings 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, Woolworths Holdings autocorrelation shows the relationship between Woolworths Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Woolworths Holdings Ltd.
Regressed Prices |
| Timeline |
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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 Tools for Woolworths Pink Sheet Analysis
When running Woolworths Holdings' price analysis, check to measure Woolworths Holdings' 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 Woolworths Holdings is operating at the current time. Most of Woolworths Holdings' value examination focuses on studying past and present price action to predict the probability of Woolworths Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths Holdings' price. Additionally, you may evaluate how the addition of Woolworths Holdings to your portfolios can decrease your overall portfolio volatility.