Woodside Energy (Germany) Market Value
| WOP0 Stock | 15.39 0.01 0.06% |
| Symbol | Woodside |
Woodside Energy '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 Woodside Energy'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 Woodside Energy.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Woodside Energy on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Woodside Energy Group or generate 0.0% return on investment in Woodside Energy over 360 days. Woodside Energy is related to or competes with LPKF Laser, Electronic Arts, Richardson Electronics, Perdoceo Education, Waste Management, Benchmark Electronics, and Jupiter Fund. More
Woodside Energy 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 Woodside Energy'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 Woodside Energy Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.7 |
Woodside Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Woodside Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Woodside Energy's standard deviation. In reality, there are many statistical measures that can use Woodside Energy historical prices to predict the future Woodside Energy's volatility.| Risk Adjusted Performance | 0.0468 | |||
| Jensen Alpha | 0.0296 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1709 |
Woodside Energy Group Backtested Returns
At this point, Woodside Energy is not too volatile. Woodside Energy Group shows Sharpe Ratio of 0.0101, which attests that the company had a 0.0101% return per unit of risk over the last 3 months. We have found thirty technical indicators for Woodside Energy Group, which you can use to evaluate the volatility of the company. Please check out Woodside Energy's Downside Deviation of 2.18, market risk adjusted performance of 0.1809, and Mean Deviation of 1.59 to validate if the risk estimate we provide is consistent with the expected return of 0.0208%. The firm maintains a market beta of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Woodside Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Woodside Energy is expected to be smaller as well. Woodside Energy Group right now maintains a risk of 2.06%. Please check out Woodside Energy Group sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Woodside Energy Group will be following its historical returns.
Auto-correlation | 0.38 |
Below average predictability
Woodside Energy Group has below average predictability. Overlapping area represents the amount of predictability between Woodside Energy time series from 1st of December 2023 to 29th of May 2024 and 29th of May 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 Woodside Energy Group price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Woodside Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
Woodside Energy Group lagged returns against current returns
Autocorrelation, which is Woodside Energy 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 Woodside Energy's stock expected returns. We can calculate the autocorrelation of Woodside Energy returns to help us make a trade decision. For example, suppose you find that Woodside Energy 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 |
Woodside Energy 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 Woodside Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Woodside Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Woodside Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Woodside Energy Lagged Returns
When evaluating Woodside Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Woodside Energy stock have on its future price. Woodside Energy 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, Woodside Energy autocorrelation shows the relationship between Woodside Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Woodside Energy Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Woodside Stock
When determining whether Woodside Energy Group is a strong investment it is important to analyze Woodside Energy'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 Woodside Energy's future performance. For an informed investment choice regarding Woodside Stock, refer to the following important reports:Check out Woodside Energy Correlation, Woodside Energy Volatility and Woodside Energy Alpha and Beta module to complement your research on Woodside Energy. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Woodside Energy 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.