Willis Lease Correlations
| WLFC Stock | USD 65.46 2.06 3.25% |
The correlation of Willis Lease 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 Lease moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Willis Lease Finance 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 Lease Finance and NYA is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Willis Lease Finance and NYA in the same portfolio, assuming nothing else is changed.
Willis |
The ability to find closely correlated positions to Willis Lease 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 Lease 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 Lease - 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 Lease Finance to buy it.
Moving together with Willis Stock
| 0.72 | R | Ryder System | PairCorr |
| 0.77 | AER | AerCap Holdings NV | PairCorr |
| 0.77 | FTAI | Fortress Transp Infra | PairCorr |
| 0.73 | PRG | PROG Holdings | PairCorr |
| 0.7 | GATX | GATX Financial Report 23rd of July 2024 | PairCorr |
Moving against Willis Stock
| 0.85 | VSTS | Vestis | PairCorr |
| 0.63 | HTZ | Hertz Global Holdings | PairCorr |
| 0.54 | YAYO | Yayyo Inc Earnings Call This Week | PairCorr |
| 0.44 | WSC | Willscot Mobile Mini Sell-off Trend | PairCorr |
| 0.78 | ALTG | Alta Equipment Group | PairCorr |
| 0.7 | HEES | HE Equipment Services | PairCorr |
| 0.68 | HTZWW | Hertz Global Hldgs | PairCorr |
Related Correlations Analysis
| -0.57 | 0.9 | 0.88 | 0.31 | MGRC | ||
| -0.57 | -0.66 | -0.71 | -0.1 | R | ||
| 0.9 | -0.66 | 0.99 | 0.17 | HTZ | ||
| 0.88 | -0.71 | 0.99 | 0.16 | HTZWW | ||
| 0.31 | -0.1 | 0.17 | 0.16 | AAN | ||
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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 Lease 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 Lease's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MGRC | 0.74 | (0.21) | 0.00 | (0.22) | 0.00 | 1.37 | 5.21 | |||
| R | 1.22 | 0.06 | 0.06 | 0.07 | 1.40 | 1.89 | 14.79 | |||
| HTZ | 3.57 | (0.61) | 0.00 | (0.21) | 0.00 | 7.92 | 25.54 | |||
| HTZWW | 3.20 | (0.58) | 0.00 | (0.32) | 0.00 | 7.56 | 21.11 | |||
| AAN | 2.19 | (0.49) | 0.00 | (0.38) | 0.00 | 3.85 | 21.90 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Willis Lease 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 Lease Corporate Management
Elected by the shareholders, the Willis Lease's board of directors comprises two types of representatives: Willis Lease 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 Lease's management team and ensure that shareholders' interests are well served. Willis Lease's 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 Lease's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dean Poulakidas | Sr. VP and General Counsel | Profile | |
| Lynn McMillan | VP Resources | Profile | |
| Brian Hole | Chief Investment Officer | Profile | |
| Dan Coulcher | Middle Europe | Profile |
Already Invested in Willis Lease Finance?
The danger of trading Willis Lease Finance 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 Lease 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 Lease. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Willis Lease Finance 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 Lease Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Willis Lease'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 Willis Lease Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Willis Lease Finance Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Willis Lease Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Willis Lease Finance information on this page should be used as a complementary analysis to other Willis Lease's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Willis Stock analysis
When running Willis Lease's price analysis, check to measure Willis Lease'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 Willis Lease is operating at the current time. Most of Willis Lease's value examination focuses on studying past and present price action to predict the probability of Willis Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willis Lease's price. Additionally, you may evaluate how the addition of Willis Lease to your portfolios can decrease your overall portfolio volatility.
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Is Willis Lease'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 Willis Lease. 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 Lease 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 4.455 | Earnings Share 8.68 | Revenue Per Share 68.931 | Quarterly Revenue Growth 0.335 | Return On Assets 0.0386 |
The market value of Willis Lease Finance 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 Lease's value that differs from its market value or its book value, called intrinsic value, which is Willis Lease'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 Willis Lease's market value can be influenced by many factors that don't directly affect Willis Lease'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 Willis Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willis Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willis Lease'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.