Whirlpool (Brazil) Market Value
| WHRL3 Stock | BRL 4.69 0.14 3.08% |
| Symbol | Whirlpool |
Whirlpool '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 Whirlpool'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 Whirlpool.
| 04/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in Whirlpool on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding Whirlpool SA or generate 0.0% return on investment in Whirlpool over 30 days. Whirlpool is related to or competes with Whirlpool, Marcopolo, Indstrias Romi, Randon SA, and Klabin SA. Whirlpool S.A. manufactures and sells home appliances in Brazil and Latin America More
Whirlpool 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 Whirlpool'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 Whirlpool SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | 0.0553 | |||
| Maximum Drawdown | 12.72 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 3.2 |
Whirlpool Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whirlpool's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whirlpool's standard deviation. In reality, there are many statistical measures that can use Whirlpool historical prices to predict the future Whirlpool's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.1572 | |||
| Total Risk Alpha | 0.0136 | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 1.35 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Whirlpool'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.
Whirlpool SA Backtested Returns
We consider Whirlpool slightly risky. Whirlpool SA shows Sharpe Ratio of 0.067, which attests that the company had a 0.067% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Whirlpool SA, which you can use to evaluate the volatility of the company. Please check out Whirlpool's Mean Deviation of 1.39, downside deviation of 2.2, and Market Risk Adjusted Performance of 1.36 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Whirlpool has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Whirlpool's returns are expected to increase less than the market. However, during the bear market, the loss of holding Whirlpool is expected to be smaller as well. Whirlpool SA right now maintains a risk of 2.2%. Please check out Whirlpool SA standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Whirlpool SA will be following its historical returns.
Auto-correlation | 0.14 |
Insignificant predictability
Whirlpool SA has insignificant predictability. Overlapping area represents the amount of predictability between Whirlpool time series from 2nd of April 2024 to 17th of April 2024 and 17th of April 2024 to 2nd of May 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 Whirlpool SA price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Whirlpool price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Whirlpool SA lagged returns against current returns
Autocorrelation, which is Whirlpool 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 Whirlpool's stock expected returns. We can calculate the autocorrelation of Whirlpool returns to help us make a trade decision. For example, suppose you find that Whirlpool 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 |
Whirlpool 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 Whirlpool stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whirlpool stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whirlpool stock over time.
Current vs Lagged Prices |
| Timeline |
Whirlpool Lagged Returns
When evaluating Whirlpool's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whirlpool stock have on its future price. Whirlpool 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, Whirlpool autocorrelation shows the relationship between Whirlpool stock current value and its past values and can show if there is a momentum factor associated with investing in Whirlpool SA.
Regressed Prices |
| Timeline |
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 Whirlpool 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, Whirlpool's short interest history, or implied volatility extrapolated from Whirlpool options trading.
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Check out Whirlpool Correlation, Whirlpool Volatility and Whirlpool Alpha and Beta module to complement your research on Whirlpool. For more information on how to buy Whirlpool Stock please use our How to Invest in Whirlpool guide.Note that the Whirlpool SA information on this page should be used as a complementary analysis to other Whirlpool'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Whirlpool Stock analysis
When running Whirlpool's price analysis, check to measure Whirlpool'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 Whirlpool is operating at the current time. Most of Whirlpool's value examination focuses on studying past and present price action to predict the probability of Whirlpool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whirlpool's price. Additionally, you may evaluate how the addition of Whirlpool to your portfolios can decrease your overall portfolio volatility.
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Whirlpool 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.