Wayfair Stock Market Value
| W Stock | USD 56.42 3.92 6.50% |
| Symbol | Wayfair |
Wayfair Price To Book Ratio
Is Wayfair's 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 Wayfair. If investors know Wayfair 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 Wayfair 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 (0.55) | Earnings Share (6.47) | Revenue Per Share 105.289 | Quarterly Revenue Growth 0.004 | Return On Assets (0.13) |
The market value of Wayfair is measured differently than its book value, which is the value of Wayfair that is recorded on the company's balance sheet. Investors also form their own opinion of Wayfair's value that differs from its market value or its book value, called intrinsic value, which is Wayfair's 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 Wayfair's market value can be influenced by many factors that don't directly affect Wayfair's 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 Wayfair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wayfair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wayfair's 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.
Wayfair '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 Wayfair'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 Wayfair.
| 03/16/2024 |
| 04/15/2024 |
If you would invest 0.00 in Wayfair on March 16, 2024 and sell it all today you would earn a total of 0.00 from holding Wayfair or generate 0.0% return on investment in Wayfair over 30 days. Wayfair is related to or competes with Appian Corp, Okta, MongoDB, Twilio, and Trade Desk. Wayfair Inc. engages in the e-commerce business in the United States and internationally More
Wayfair 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 Wayfair'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 Wayfair upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.65 | |||
| Information Ratio | 0.0295 | |||
| Maximum Drawdown | 17.7 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 8.19 |
Wayfair Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wayfair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wayfair's standard deviation. In reality, there are many statistical measures that can use Wayfair historical prices to predict the future Wayfair's volatility.| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.031 | |||
| Treynor Ratio | 0.0535 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wayfair's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wayfair Backtested Returns
Wayfair appears to be very steady, given 3 months investment horizon. Wayfair shows Sharpe Ratio of 0.0543, which attests that the company had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wayfair, which you can use to evaluate the volatility of the company. Please utilize Wayfair's Market Risk Adjusted Performance of 0.0635, downside deviation of 3.65, and Mean Deviation of 2.9 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wayfair holds a performance score of 4. The firm maintains a market beta of 3.39, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wayfair will likely underperform. Please check Wayfair's downside variance, daily balance of power, relative strength index, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Wayfair's historical returns will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Wayfair has good reverse predictability. Overlapping area represents the amount of predictability between Wayfair time series from 16th of March 2024 to 31st of March 2024 and 31st of March 2024 to 15th of April 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 Wayfair price movement. The serial correlation of -0.55 indicates that about 55.0% of current Wayfair price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 3.25 |
Wayfair lagged returns against current returns
Autocorrelation, which is Wayfair 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 Wayfair's stock expected returns. We can calculate the autocorrelation of Wayfair returns to help us make a trade decision. For example, suppose you find that Wayfair 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 |
Wayfair 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 Wayfair stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wayfair stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wayfair stock over time.
Current vs Lagged Prices |
| Timeline |
Wayfair Lagged Returns
When evaluating Wayfair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wayfair stock have on its future price. Wayfair 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, Wayfair autocorrelation shows the relationship between Wayfair stock current value and its past values and can show if there is a momentum factor associated with investing in Wayfair.
Regressed Prices |
| Timeline |
Wayfair Investors Sentiment
The influence of Wayfair's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wayfair. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wayfair's public news can be used to forecast risks associated with an investment in Wayfair. The trend in average sentiment can be used to explain how an investor holding Wayfair can time the market purely based on public headlines and social activities around Wayfair. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wayfair's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wayfair's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wayfair's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wayfair.
Wayfair Implied Volatility | 67.89 |
Wayfair's implied volatility exposes the market's sentiment of Wayfair stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wayfair's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wayfair stock will not fluctuate a lot when Wayfair's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wayfair in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wayfair's short interest history, or implied volatility extrapolated from Wayfair options trading.
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Check out Wayfair Correlation, Wayfair Volatility and Wayfair Alpha and Beta module to complement your research on Wayfair. For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Wayfair's price analysis, check to measure Wayfair'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 Wayfair is operating at the current time. Most of Wayfair's value examination focuses on studying past and present price action to predict the probability of Wayfair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayfair's price. Additionally, you may evaluate how the addition of Wayfair to your portfolios can decrease your overall portfolio volatility.
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Wayfair technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.