W P (Germany) Market Value
| WPY Stock | EUR 52.60 0.04 0.08% |
| Symbol | WPY |
W P '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 W P'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 W P.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in W P on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding W P Carey or generate 0.0% return on investment in W P over 30 days. W P is related to or competes with Superior Plus, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Identiv. Carey ranks among the largest net lease REITs with an enterprise value of approximately 19 billion and a diversified por... More
W P 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 W P'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 W P Carey upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.49 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.96 |
W P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for W P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as W P's standard deviation. In reality, there are many statistical measures that can use W P historical prices to predict the future W P's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of W P'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.
W P Carey Backtested Returns
W P Carey shows Sharpe Ratio of -0.0879, which attests that the company had a -0.0879% return per unit of standard deviation over the last 3 months. W P Carey exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out W P's Mean Deviation of 1.04, standard deviation of 1.44, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The firm maintains a market beta of 0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, W P's returns are expected to increase less than the market. However, during the bear market, the loss of holding W P is expected to be smaller as well. W P Carey has an expected return of -0.13%. Please make sure to check out W P Carey daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if W P Carey performance from the past will be repeated at some future date.
Auto-correlation | 0.38 |
Below average predictability
W P Carey has below average predictability. Overlapping area represents the amount of predictability between W P time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 W P Carey price movement. The serial correlation of 0.38 indicates that just about 38.0% of current W P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
W P Carey lagged returns against current returns
Autocorrelation, which is W P 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 W P's stock expected returns. We can calculate the autocorrelation of W P returns to help us make a trade decision. For example, suppose you find that W P 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 |
W P 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 W P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if W P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in W P stock over time.
Current vs Lagged Prices |
| Timeline |
W P Lagged Returns
When evaluating W P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of W P stock have on its future price. W P 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, W P autocorrelation shows the relationship between W P stock current value and its past values and can show if there is a momentum factor associated with investing in W P Carey.
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.When determining whether W P Carey offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of W P's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of W P Carey Stock. Outlined below are crucial reports that will aid in making a well-informed decision on W P Carey Stock:Check out W P Correlation, W P Volatility and W P Alpha and Beta module to complement your research on W P. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for WPY Stock analysis
When running W P's price analysis, check to measure W P'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 W P is operating at the current time. Most of W P's value examination focuses on studying past and present price action to predict the probability of W P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move W P's price. Additionally, you may evaluate how the addition of W P to your portfolios can decrease your overall portfolio volatility.
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W P 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.