Willis Towers Correlations
| WTW Stock | USD 251.99 0.50 0.20% |
The correlation of Willis Towers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Willis Towers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Willis Towers Watson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Weak diversification
The correlation between Willis Towers Watson and NYA is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Willis Towers Watson and NYA in the same portfolio, assuming nothing else is changed.
Willis |
The ability to find closely correlated positions to Willis Towers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Willis Towers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Willis Towers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Willis Towers Watson to buy it.
Moving together with Willis Stock
| 0.68 | AJG | Arthur J Gallagher Earnings Call This Week | PairCorr |
| 0.79 | AON | Aon PLC | PairCorr |
| 0.66 | BRO | Brown Brown Financial Report 22nd of July 2024 | PairCorr |
| 0.62 | MMC | Marsh McLennan Companies Financial Report 18th of July 2024 | PairCorr |
| 0.7 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
Related Correlations Analysis
| 0.83 | 0.92 | 0.78 | 0.66 | -0.21 | 0.33 | MMC | ||
| 0.83 | 0.83 | 0.68 | 0.68 | 0.21 | 0.34 | AJG | ||
| 0.92 | 0.83 | 0.78 | 0.71 | -0.17 | 0.5 | BRO | ||
| 0.78 | 0.68 | 0.78 | 0.47 | -0.41 | 0.07 | ERIE | ||
| 0.66 | 0.68 | 0.71 | 0.47 | 0.27 | 0.48 | AON | ||
| -0.21 | 0.21 | -0.17 | -0.41 | 0.27 | 0.19 | FANH | ||
| 0.33 | 0.34 | 0.5 | 0.07 | 0.48 | 0.19 | CRVL | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Willis Stock performing well and Willis Towers Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Willis Towers' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MMC | 0.60 | 0.00 | (0.04) | 0.08 | 0.67 | 1.65 | 4.15 | |||
| AJG | 0.70 | 0.01 | (0.03) | 0.11 | 0.91 | 1.51 | 4.08 | |||
| BRO | 0.63 | 0.06 | 0.05 | 0.14 | 0.61 | 1.42 | 3.36 | |||
| ERIE | 1.05 | 0.16 | 0.10 | 0.42 | 1.01 | 1.95 | 13.03 | |||
| AON | 0.89 | (0.12) | 0.00 | (0.22) | 0.00 | 1.44 | 8.76 | |||
| FANH | 2.96 | (0.85) | 0.00 | (0.42) | 0.00 | 3.85 | 27.31 | |||
| CRVL | 1.37 | (0.03) | (0.01) | 0.05 | 1.65 | 3.51 | 8.09 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Willis Towers without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Willis Towers Corporate Management
Elected by the shareholders, the Willis Towers' board of directors comprises two types of representatives: Willis Towers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Willis. The board's role is to monitor Willis Towers' management team and ensure that shareholders' interests are well served. Willis Towers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Willis Towers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Garrard | Global Broking | Profile | |
| Claudia Hoz | Head Relations | Profile | |
| Matthew Furman | General Counsel | Profile | |
| Pam Rollins | Head Communication | Profile | |
| Kristy Banas | Marketing Officer | Profile | |
| Alexis Faber | Chief Officer | Profile | |
| Joseph Kurpis | Principal Controller | Profile |
Already Invested in Willis Towers Watson?
The danger of trading Willis Towers Watson is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Willis Towers is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Willis Towers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Willis Towers Watson is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Willis Towers Watson is a strong investment it is important to analyze Willis Towers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Willis Towers' future performance. For an informed investment choice regarding Willis Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willis Towers Watson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Willis Stock analysis
When running Willis Towers' price analysis, check to measure Willis Towers' 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 Willis Towers is operating at the current time. Most of Willis Towers' value examination focuses on studying past and present price action to predict the probability of Willis Towers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willis Towers' price. Additionally, you may evaluate how the addition of Willis Towers to your portfolios can decrease your overall portfolio volatility.
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Is Willis Towers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Willis Towers. If investors know Willis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Willis Towers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 2.56 | Earnings Share 9.9 | Revenue Per Share 92.115 | Quarterly Revenue Growth 0.043 |
The market value of Willis Towers Watson is measured differently than its book value, which is the value of Willis that is recorded on the company's balance sheet. Investors also form their own opinion of Willis Towers' value that differs from its market value or its book value, called intrinsic value, which is Willis Towers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Willis Towers' market value can be influenced by many factors that don't directly affect Willis Towers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Willis Towers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Willis Towers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willis Towers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.