Wrtsil Oyj Abp Stock Market Value
| WRTBF Stock | USD 37.26 0.00 0.00% |
| Symbol | Wrtsil |
Wrtsil Oyj '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 Wrtsil Oyj's 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 Wrtsil Oyj.
| 01/31/2024 |
| 01/20/2026 |
If you would invest 0.00 in Wrtsil Oyj on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Wrtsil Oyj Abp or generate 0.0% return on investment in Wrtsil Oyj over 720 days. Wrtsil Oyj is related to or competes with Kawasaki Heavy, Kawasaki Heavy, Nidec, Ebara Corp, GEA Group, Nidec, and VAT Group. Wrtsil Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide More
Wrtsil Oyj 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 Wrtsil Oyj's 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 Wrtsil Oyj Abp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1858 | |||
| Maximum Drawdown | 6.87 | |||
| Potential Upside | 2.28 |
Wrtsil Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wrtsil Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wrtsil Oyj's standard deviation. In reality, there are many statistical measures that can use Wrtsil Oyj historical prices to predict the future Wrtsil Oyj's volatility.| Risk Adjusted Performance | 0.1915 | |||
| Jensen Alpha | 0.3262 | |||
| Total Risk Alpha | 0.156 | |||
| Treynor Ratio | (1.78) |
Wrtsil Oyj Abp Backtested Returns
Wrtsil Oyj appears to be very steady, given 3 months investment horizon. Wrtsil Oyj Abp shows Sharpe Ratio of 0.27, which attests that the company had a 0.27 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Wrtsil Oyj Abp, which you can use to evaluate the volatility of the company. Please utilize Wrtsil Oyj's Market Risk Adjusted Performance of (1.77), mean deviation of 0.569, and Standard Deviation of 1.19 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wrtsil Oyj holds a performance score of 21. The firm maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wrtsil Oyj are expected to decrease at a much lower rate. During the bear market, Wrtsil Oyj is likely to outperform the market. Please check Wrtsil Oyj's variance, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Wrtsil Oyj's historical returns will revert.
Auto-correlation | 0.34 |
Below average predictability
Wrtsil Oyj Abp has below average predictability. Overlapping area represents the amount of predictability between Wrtsil Oyj time series from 31st of January 2024 to 25th of January 2025 and 25th of January 2025 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wrtsil Oyj Abp price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Wrtsil Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 41.35 |
Wrtsil Oyj Abp lagged returns against current returns
Autocorrelation, which is Wrtsil Oyj 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 Wrtsil Oyj's pink sheet expected returns. We can calculate the autocorrelation of Wrtsil Oyj returns to help us make a trade decision. For example, suppose you find that Wrtsil Oyj 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 |
Wrtsil Oyj 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 Wrtsil Oyj pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wrtsil Oyj pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wrtsil Oyj pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wrtsil Oyj Lagged Returns
When evaluating Wrtsil Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wrtsil Oyj pink sheet have on its future price. Wrtsil Oyj 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, Wrtsil Oyj autocorrelation shows the relationship between Wrtsil Oyj pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wrtsil Oyj Abp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wrtsil Pink Sheet
Wrtsil Oyj financial ratios help investors to determine whether Wrtsil Pink Sheet 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 Wrtsil with respect to the benefits of owning Wrtsil Oyj security.