WESTROCK 4 percent Market Value
| 96145DAH8 | 95.16 2.23 2.29% |
| Symbol | WESTROCK |
WESTROCK '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 WESTROCK's bond 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 WESTROCK.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in WESTROCK on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding WESTROCK 4 percent or generate 0.0% return on investment in WESTROCK over 180 days. WESTROCK is related to or competes with Brunswick, Playtika Holding, Aegean Airlines, Planet Fitness, Sun Country, Life Time, and Hasbro. More
WESTROCK 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 WESTROCK's bond 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 WESTROCK 4 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.6251 |
WESTROCK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WESTROCK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WESTROCK's standard deviation. In reality, there are many statistical measures that can use WESTROCK historical prices to predict the future WESTROCK's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.75) |
WESTROCK 4 percent Backtested Returns
WESTROCK 4 percent shows Sharpe Ratio of -0.19, which attests that the bond had a -0.19% return per unit of risk over the last 3 months. WESTROCK 4 percent exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WESTROCK's Standard Deviation of 0.3745, mean deviation of 0.2751, and Market Risk Adjusted Performance of (0.74) to validate the risk estimate we provide. The entity maintains a market beta of 0.0874, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WESTROCK's returns are expected to increase less than the market. However, during the bear market, the loss of holding WESTROCK is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
WESTROCK 4 percent has very good reverse predictability. Overlapping area represents the amount of predictability between WESTROCK time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th of December 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 WESTROCK 4 percent price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current WESTROCK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
WESTROCK 4 percent lagged returns against current returns
Autocorrelation, which is WESTROCK bond'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 WESTROCK's bond expected returns. We can calculate the autocorrelation of WESTROCK returns to help us make a trade decision. For example, suppose you find that WESTROCK has exhibited high autocorrelation historically, and you observe that the bond 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 |
WESTROCK 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 WESTROCK bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WESTROCK bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WESTROCK bond over time.
Current vs Lagged Prices |
| Timeline |
WESTROCK Lagged Returns
When evaluating WESTROCK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WESTROCK bond have on its future price. WESTROCK 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, WESTROCK autocorrelation shows the relationship between WESTROCK bond current value and its past values and can show if there is a momentum factor associated with investing in WESTROCK 4 percent.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in WESTROCK Bond
WESTROCK financial ratios help investors to determine whether WESTROCK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WESTROCK with respect to the benefits of owning WESTROCK security.