Western Union (Mexico) Market Value
| WU Stock | MXN 226.79 0.00 0.00% |
| Symbol | Western |
Western Union '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 Western Union'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 Western Union.
| 03/06/2024 |
| 06/04/2024 |
If you would invest 0.00 in Western Union on March 6, 2024 and sell it all today you would earn a total of 0.00 from holding The Western Union or generate 0.0% return on investment in Western Union over 90 days. Western Union is related to or competes with Visa, American Express, Capital One, Gentera SAB, and Financiera Independencia. The Western Union Company provides money movement and payment services worldwide More
Western Union 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 Western Union'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 The Western Union upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0341 | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (0.11) |
Western Union Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Union's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Union's standard deviation. In reality, there are many statistical measures that can use Western Union historical prices to predict the future Western Union's volatility.| Risk Adjusted Performance | 0.0451 | |||
| Jensen Alpha | 0.0654 | |||
| Total Risk Alpha | 0.0174 | |||
| Treynor Ratio | 1.7 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Union'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.
Western Union Backtested Returns
We consider Western Union very steady. Western Union shows Sharpe Ratio of 0.0675, which attests that the company had a 0.0675% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Western Union, which you can use to evaluate the volatility of the company. Please check out Western Union's Mean Deviation of 0.3726, standard deviation of 1.19, and Market Risk Adjusted Performance of 1.71 to validate if the risk estimate we provide is consistent with the expected return of 0.084%. Western Union has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of 0.0391, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Union's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Union is expected to be smaller as well. Western Union right now maintains a risk of 1.24%. Please check out Western Union standard deviation, value at risk, as well as the relationship between the Value At Risk and day typical price , to decide if Western Union will be following its historical returns.
Auto-correlation | -0.05 |
Very weak reverse predictability
The Western Union has very weak reverse predictability. Overlapping area represents the amount of predictability between Western Union time series from 6th of March 2024 to 20th of April 2024 and 20th of April 2024 to 4th of June 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 Western Union price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Western Union price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 12.29 |
Western Union lagged returns against current returns
Autocorrelation, which is Western Union 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 Western Union's stock expected returns. We can calculate the autocorrelation of Western Union returns to help us make a trade decision. For example, suppose you find that Western Union 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 |
Western Union 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 Western Union stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Union stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Union stock over time.
Current vs Lagged Prices |
| Timeline |
Western Union Lagged Returns
When evaluating Western Union's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Union stock have on its future price. Western Union 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, Western Union autocorrelation shows the relationship between Western Union stock current value and its past values and can show if there is a momentum factor associated with investing in The Western Union.
Regressed Prices |
| Timeline |
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Additional Tools for Western Stock Analysis
When running Western Union's price analysis, check to measure Western Union'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 Western Union is operating at the current time. Most of Western Union's value examination focuses on studying past and present price action to predict the probability of Western Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Union's price. Additionally, you may evaluate how the addition of Western Union to your portfolios can decrease your overall portfolio volatility.