W P (Germany) Market Value
| WPY Stock | EUR 54.12 0.62 1.16% |
| Symbol | WPY |
W P '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 W P'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 W P.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in W P on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding W P Carey or generate 0.0% return on investment in W P over 30 days. W P is related to or competes with Zoom Video, Infrastrutture Wireless, COMBA TELECOM, SK TELECOM, and Chunghwa Telecom. Carey ranks among the largest net lease REITs with an enterprise value of approximately 19 billion and a diversified por... More
W P 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 W P'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 W P Carey upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9052 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.12 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.73 |
W P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for W P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as W P's standard deviation. In reality, there are many statistical measures that can use W P historical prices to predict the future W P's volatility.| Risk Adjusted Performance | 0.0591 | |||
| Jensen Alpha | 0.0354 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.238 |
W P Carey Backtested Returns
At this point, W P is out of control. W P Carey shows Sharpe Ratio of 0.0503, which attests that the company had a 0.0503% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for W P Carey, which you can use to evaluate the volatility of the entity. Please check out W P's Risk Adjusted Performance of 0.0591, downside deviation of 0.9052, and Mean Deviation of 0.7594 to validate if the risk estimate we provide is consistent with the expected return of 0.0473%. W P has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, W P's returns are expected to increase less than the market. However, during the bear market, the loss of holding W P is expected to be smaller as well. W P Carey at this moment maintains a risk of 0.94%. Please check out W P Carey treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if W P Carey will be following its historical returns.
Auto-correlation | -0.63 |
Very good reverse predictability
W P Carey has very good reverse predictability. Overlapping area represents the amount of predictability between W P time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 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 W P Carey price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current W P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
W P Carey lagged returns against current returns
Autocorrelation, which is W P 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 W P's stock expected returns. We can calculate the autocorrelation of W P returns to help us make a trade decision. For example, suppose you find that W P 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 |
W P 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 W P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if W P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in W P stock over time.
Current vs Lagged Prices |
| Timeline |
W P Lagged Returns
When evaluating W P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of W P stock have on its future price. W P 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, W P autocorrelation shows the relationship between W P stock current value and its past values and can show if there is a momentum factor associated with investing in W P Carey.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in WPY Stock
When determining whether W P Carey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of W P's 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 W P Carey Stock. Outlined below are crucial reports that will aid in making a well-informed decision on W P Carey Stock:Check out W P Correlation, W P Volatility and W P Alpha and Beta module to complement your research on W P. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
W P 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.