Whitbread PLC (UK) Market Value
| WTB Stock | 2,878 14.00 0.48% |
| Symbol | Whitbread |
Whitbread PLC '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 Whitbread PLC'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 Whitbread PLC.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Whitbread PLC on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Whitbread PLC or generate 0.0% return on investment in Whitbread PLC over 30 days. Whitbread PLC is related to or competes with Coeur Mining, JB Hunt, GreenX Metals, T Mobile, Verizon Communications, Endeavour Mining, and Fonix Mobile. Whitbread PLC is entity of United Kingdom More
Whitbread PLC 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 Whitbread PLC'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 Whitbread PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.11 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.33 |
Whitbread PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitbread PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitbread PLC's standard deviation. In reality, there are many statistical measures that can use Whitbread PLC historical prices to predict the future Whitbread PLC's volatility.| Risk Adjusted Performance | 0.0138 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0198 |
Whitbread PLC Backtested Returns
Whitbread PLC shows Sharpe Ratio of -0.0028, which attests that the company had a -0.0028% return per unit of risk over the last 3 months. Whitbread PLC exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whitbread PLC's Downside Deviation of 1.38, mean deviation of 1.04, and Market Risk Adjusted Performance of 0.0298 to validate the risk estimate we provide. The firm maintains a market beta of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Whitbread PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Whitbread PLC is expected to be smaller as well. At this point, Whitbread PLC has a negative expected return of -0.004%. Please make sure to check out Whitbread PLC's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Whitbread PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Whitbread PLC has good predictability. Overlapping area represents the amount of predictability between Whitbread PLC time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Whitbread PLC price movement. The serial correlation of 0.78 indicates that around 78.0% of current Whitbread PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1040.06 |
Whitbread PLC lagged returns against current returns
Autocorrelation, which is Whitbread PLC 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 Whitbread PLC's stock expected returns. We can calculate the autocorrelation of Whitbread PLC returns to help us make a trade decision. For example, suppose you find that Whitbread PLC 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 |
Whitbread PLC 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 Whitbread PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitbread PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitbread PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Whitbread PLC Lagged Returns
When evaluating Whitbread PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitbread PLC stock have on its future price. Whitbread PLC 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, Whitbread PLC autocorrelation shows the relationship between Whitbread PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Whitbread PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Whitbread Stock
Whitbread PLC financial ratios help investors to determine whether Whitbread 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 Whitbread with respect to the benefits of owning Whitbread PLC security.