Wilh Wilhelmsen (Norway) Market Value
| WWIB Stock | NOK 382.00 10.00 2.55% |
| Symbol | Wilh |
Wilh Wilhelmsen '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 Wilh Wilhelmsen'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 Wilh Wilhelmsen.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Wilh Wilhelmsen on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Wilh Wilhelmsen Holding or generate 0.0% return on investment in Wilh Wilhelmsen over 720 days. Wilh Wilhelmsen is related to or competes with Wilh Wilhelmsen, Stolt Nielsen, Veidekke ASA, Odfjell SE, and Odfjell B. Wilhelmsen Holding ASA provides maritime products and services in Europe, the Oceania, Asia and Africa, and the Americas More
Wilh Wilhelmsen 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 Wilh Wilhelmsen'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 Wilh Wilhelmsen Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.35 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.38 |
Wilh Wilhelmsen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilh Wilhelmsen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wilh Wilhelmsen's standard deviation. In reality, there are many statistical measures that can use Wilh Wilhelmsen historical prices to predict the future Wilh Wilhelmsen's volatility.| Risk Adjusted Performance | 0.0131 | |||
| Jensen Alpha | 0.0014 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1557 |
Wilh Wilhelmsen Holding Backtested Returns
Wilh Wilhelmsen Holding shows Sharpe Ratio of -0.0151, which attests that the company had a -0.0151% return per unit of risk over the last 3 months. Wilh Wilhelmsen Holding exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wilh Wilhelmsen's Market Risk Adjusted Performance of 0.1657, downside deviation of 1.62, and Mean Deviation of 1.05 to validate the risk estimate we provide. The firm maintains a market beta of 0.0394, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilh Wilhelmsen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilh Wilhelmsen is expected to be smaller as well. At this point, Wilh Wilhelmsen Holding has a negative expected return of -0.0233%. Please make sure to check out Wilh Wilhelmsen's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Wilh Wilhelmsen Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Wilh Wilhelmsen Holding has good predictability. Overlapping area represents the amount of predictability between Wilh Wilhelmsen time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Wilh Wilhelmsen Holding price movement. The serial correlation of 0.77 indicates that around 77.0% of current Wilh Wilhelmsen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 892.71 |
Wilh Wilhelmsen Holding lagged returns against current returns
Autocorrelation, which is Wilh Wilhelmsen 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 Wilh Wilhelmsen's stock expected returns. We can calculate the autocorrelation of Wilh Wilhelmsen returns to help us make a trade decision. For example, suppose you find that Wilh Wilhelmsen 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 |
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Wilh Wilhelmsen 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 Wilh Wilhelmsen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wilh Wilhelmsen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wilh Wilhelmsen stock over time.
Current vs Lagged Prices |
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Wilh Wilhelmsen Lagged Returns
When evaluating Wilh Wilhelmsen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wilh Wilhelmsen stock have on its future price. Wilh Wilhelmsen 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, Wilh Wilhelmsen autocorrelation shows the relationship between Wilh Wilhelmsen stock current value and its past values and can show if there is a momentum factor associated with investing in Wilh Wilhelmsen Holding.
Regressed Prices |
| Timeline |
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Wilh Wilhelmsen financial ratios help investors to determine whether Wilh 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 Wilh with respect to the benefits of owning Wilh Wilhelmsen security.