Whitehaven Coal (Germany) Market Value
| WC2 Stock | EUR 3.89 0.03 0.77% |
| Symbol | Whitehaven |
Whitehaven Coal '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 Whitehaven Coal'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 Whitehaven Coal.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Whitehaven Coal on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Whitehaven Coal Limited or generate 0.0% return on investment in Whitehaven Coal over 30 days. Whitehaven Coal is related to or competes with UNIVMUSIC GRPADR050, Hitachi Construction, Warner Music, Titan Machinery, HYDROFARM HLD, and Marie Brizard. Whitehaven Coal Limited develops and operates coal mines in New South Wales More
Whitehaven Coal 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 Whitehaven Coal'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 Whitehaven Coal Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0423 | |||
| Maximum Drawdown | 8.88 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 3.75 |
Whitehaven Coal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitehaven Coal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitehaven Coal's standard deviation. In reality, there are many statistical measures that can use Whitehaven Coal historical prices to predict the future Whitehaven Coal's volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.1189 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | 0.3174 |
Whitehaven Coal Backtested Returns
At this point, Whitehaven Coal is slightly risky. Whitehaven Coal shows Sharpe Ratio of 0.0647, which attests that the company had a 0.0647% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Whitehaven Coal, which you can use to evaluate the volatility of the company. Please check out Whitehaven Coal's Market Risk Adjusted Performance of 0.3274, downside deviation of 1.71, and Mean Deviation of 1.72 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Whitehaven Coal has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Whitehaven Coal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Whitehaven Coal is expected to be smaller as well. Whitehaven Coal right now maintains a risk of 2.06%. Please check out Whitehaven Coal information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Whitehaven Coal will be following its historical returns.
Auto-correlation | -0.43 |
Modest reverse predictability
Whitehaven Coal Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Whitehaven Coal time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Whitehaven Coal price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Whitehaven Coal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Whitehaven Coal lagged returns against current returns
Autocorrelation, which is Whitehaven Coal 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 Whitehaven Coal's stock expected returns. We can calculate the autocorrelation of Whitehaven Coal returns to help us make a trade decision. For example, suppose you find that Whitehaven Coal 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 |
Whitehaven Coal 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 Whitehaven Coal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitehaven Coal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitehaven Coal stock over time.
Current vs Lagged Prices |
| Timeline |
Whitehaven Coal Lagged Returns
When evaluating Whitehaven Coal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitehaven Coal stock have on its future price. Whitehaven Coal 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, Whitehaven Coal autocorrelation shows the relationship between Whitehaven Coal stock current value and its past values and can show if there is a momentum factor associated with investing in Whitehaven Coal Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Whitehaven Stock
Whitehaven Coal financial ratios help investors to determine whether Whitehaven Stock 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 Whitehaven with respect to the benefits of owning Whitehaven Coal security.