Wr Berkley Preferred Stock Market Value
| WRB-PG Preferred Stock | USD 19.34 0.19 0.99% |
| Symbol | WRB-PG |
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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in WR Berkley on November 1, 2024 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 30 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.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.04 |
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 | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.38) |
WR Berkley Backtested Returns
WR Berkley retains Efficiency (Sharpe Ratio) of -0.0477, which attests that the company had a -0.0477% return per unit of price deviation over the last 3 months. WR Berkley exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WR Berkley's information ratio of (0.24), and Market Risk Adjusted Performance of (0.37) to validate the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.16, 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. At this point, WR Berkley has a negative expected return of -0.0383%. Please make sure to check out WR Berkley's coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if WR Berkley performance from the past will be repeated at some future date.
Auto-correlation | -0.7 |
Very good reverse predictability
WR Berkley has very good reverse predictability. Overlapping area represents the amount of predictability between WR Berkley time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 -0.7 indicates that around 70.0% of current WR Berkley price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
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-PG Preferred Stock
WR Berkley financial ratios help investors to determine whether WRB-PG 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-PG with respect to the benefits of owning WR Berkley security.