Wt Financial (Australia) Market Value
| WTL Stock | 0.1 0 1.04% |
| Symbol | WTL |
Wt Financial '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 Wt Financial'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 Wt Financial.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Wt Financial on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Wt Financial Group or generate 0.0% return on investment in Wt Financial over 360 days. Wt Financial is related to or competes with Centuria Industrial, Hotel Property, Platinum Asset, Alternative Investment, Autosports, Carlton Investments, and ARN Media. Wt Financial is entity of Australia. It is traded as Stock on AU exchange. More
Wt Financial 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 Wt Financial'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 Wt Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.1 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 13.96 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 5.62 |
Wt Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wt Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wt Financial's standard deviation. In reality, there are many statistical measures that can use Wt Financial historical prices to predict the future Wt Financial's volatility.| Risk Adjusted Performance | 0.0567 | |||
| Jensen Alpha | 0.1628 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.014 | |||
| Treynor Ratio | 1.4 |
Wt Financial Group Backtested Returns
Wt Financial appears to be out of control, given 3 months investment horizon. Wt Financial Group retains Efficiency (Sharpe Ratio) of 0.0816, which attests that the company had a 0.0816% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Wt Financial, which you can use to evaluate the volatility of the company. Please utilize Wt Financial's market risk adjusted performance of 1.41, and Standard Deviation of 2.93 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wt Financial holds a performance score of 6. 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, Wt Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wt Financial is expected to be smaller as well. Please check Wt Financial's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Wt Financial's current price history will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Wt Financial Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Wt Financial time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Wt Financial Group price movement. The serial correlation of -0.73 indicates that around 73.0% of current Wt Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wt Financial Group lagged returns against current returns
Autocorrelation, which is Wt Financial 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 Wt Financial's stock expected returns. We can calculate the autocorrelation of Wt Financial returns to help us make a trade decision. For example, suppose you find that Wt Financial 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 |
Wt Financial 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 Wt Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wt Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wt Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Wt Financial Lagged Returns
When evaluating Wt Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wt Financial stock have on its future price. Wt Financial 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, Wt Financial autocorrelation shows the relationship between Wt Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Wt Financial Group.
Regressed Prices |
| Timeline |
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Additional Tools for WTL Stock Analysis
When running Wt Financial's price analysis, check to measure Wt Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wt Financial is operating at the current time. Most of Wt Financial's value examination focuses on studying past and present price action to predict the probability of Wt Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wt Financial's price. Additionally, you may evaluate how the addition of Wt Financial to your portfolios can decrease your overall portfolio volatility.