Wr Berkley Preferred Stock Market Value
| WRB-PF Preferred Stock | USD 22.82 0.49 2.19% |
| Symbol | WRB-PF |
WR Berkley '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 WR Berkley's preferred 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 WR Berkley.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in WR Berkley on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding WR Berkley or generate 0.0% return on investment in WR Berkley over 390 days. WR Berkley is related to or competes with Aspen Insurance, Selective Insurance, Aspen Insurance, AmTrust Financial, AmTrust Financial, AmTrust Financial, and AmTrust Financial. More
WR Berkley 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 WR Berkley's preferred 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 WR Berkley upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.92 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.43 |
WR Berkley Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WR Berkley's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WR Berkley's standard deviation. In reality, there are many statistical measures that can use WR Berkley historical prices to predict the future WR Berkley's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.1629 |
WR Berkley Backtested Returns
At this point, WR Berkley is very steady. WR Berkley retains Efficiency (Sharpe Ratio) of 0.0339, which attests that the company had a 0.0339% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for WR Berkley, which you can use to evaluate the volatility of the company. Please check out WR Berkley's market risk adjusted performance of 0.1729, and Standard Deviation of 0.9766 to validate if the risk estimate we provide is consistent with the expected return of 0.0336%. WR Berkley has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WR Berkley's returns are expected to increase less than the market. However, during the bear market, the loss of holding WR Berkley is expected to be smaller as well. WR Berkley at this moment owns a risk of 0.99%. Please check out WR Berkley sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if WR Berkley will be following its current price history.
Auto-correlation | 0.27 |
Poor predictability
WR Berkley has poor predictability. Overlapping area represents the amount of predictability between WR Berkley time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 WR Berkley price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current WR Berkley price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
WR Berkley lagged returns against current returns
Autocorrelation, which is WR Berkley preferred 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 WR Berkley's preferred stock expected returns. We can calculate the autocorrelation of WR Berkley returns to help us make a trade decision. For example, suppose you find that WR Berkley has exhibited high autocorrelation historically, and you observe that the preferred 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 |
WR Berkley 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 WR Berkley preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WR Berkley preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WR Berkley preferred stock over time.
Current vs Lagged Prices |
| Timeline |
WR Berkley Lagged Returns
When evaluating WR Berkley's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WR Berkley preferred stock have on its future price. WR Berkley 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, WR Berkley autocorrelation shows the relationship between WR Berkley preferred stock current value and its past values and can show if there is a momentum factor associated with investing in WR Berkley.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in WRB-PF Preferred Stock
WR Berkley financial ratios help investors to determine whether WRB-PF Preferred 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 WRB-PF with respect to the benefits of owning WR Berkley security.