Wpp Plc Adr Stock Market Value
| WPP Stock | USD 53.71 0.06 0.11% |
| Symbol | WPP |
WPP PLC ADR Price To Book Ratio
Is Advertising space 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 WPP PLC. If investors know WPP 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 WPP PLC 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 0.825 | Dividend Share 0.394 | Earnings Share 1.17 | Revenue Per Share 13.826 | Quarterly Revenue Growth 0.001 |
The market value of WPP PLC ADR is measured differently than its book value, which is the value of WPP that is recorded on the company's balance sheet. Investors also form their own opinion of WPP PLC's value that differs from its market value or its book value, called intrinsic value, which is WPP PLC'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 WPP PLC's market value can be influenced by many factors that don't directly affect WPP PLC'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 WPP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if WPP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WPP PLC'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.
WPP PLC '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 WPP PLC'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 WPP PLC.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in WPP PLC on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding WPP PLC ADR or generate 0.0% return on investment in WPP PLC over 720 days. WPP PLC is related to or competes with Omnicom, Townsquare Media, Cimpress, Travelzoo, Interpublic Group, Ziff Davis, and Criteo Sa. WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in No... More
WPP PLC 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 WPP PLC'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 WPP PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.0638 | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.12 |
WPP PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WPP PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WPP PLC's standard deviation. In reality, there are many statistical measures that can use WPP PLC historical prices to predict the future WPP PLC's volatility.| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.1399 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0736 | |||
| Treynor Ratio | 0.3279 |
WPP PLC ADR Backtested Returns
WPP PLC appears to be very steady, given 3 months investment horizon. WPP PLC ADR shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for WPP PLC ADR, which you can use to evaluate the volatility of the company. Please utilize WPP PLC's Downside Deviation of 1.37, risk adjusted performance of 0.1171, and Mean Deviation of 1.14 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WPP PLC holds a performance score of 11. The firm maintains a market beta of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WPP PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding WPP PLC is expected to be smaller as well. Please check WPP PLC's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether WPP PLC's historical returns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
WPP PLC ADR has good reverse predictability. Overlapping area represents the amount of predictability between WPP PLC time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 WPP PLC ADR price movement. The serial correlation of -0.54 indicates that about 54.0% of current WPP PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 9.26 |
WPP PLC ADR lagged returns against current returns
Autocorrelation, which is WPP PLC 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 WPP PLC's stock expected returns. We can calculate the autocorrelation of WPP PLC returns to help us make a trade decision. For example, suppose you find that WPP PLC 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 |
WPP PLC 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 WPP PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WPP PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WPP PLC stock over time.
Current vs Lagged Prices |
| Timeline |
WPP PLC Lagged Returns
When evaluating WPP PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WPP PLC stock have on its future price. WPP PLC 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, WPP PLC autocorrelation shows the relationship between WPP PLC stock current value and its past values and can show if there is a momentum factor associated with investing in WPP PLC ADR.
Regressed Prices |
| Timeline |
Pair Trading with WPP PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WPP PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WPP PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with WPP Stock
Moving against WPP Stock
| 0.68 | DLPN | Dolphin Entertainment | PairCorr |
| 0.51 | BATRA | Atlanta Braves Holdings, | PairCorr |
| 0.51 | ADD | Color Star Technology Downward Rally | PairCorr |
| 0.5 | ADV | Advantage Solutions | PairCorr |
| 0.47 | AMC | AMC Entertainment Aggressive Push | PairCorr |
The ability to find closely correlated positions to WPP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WPP PLC 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 WPP PLC - 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 WPP PLC ADR to buy it.
The correlation of WPP PLC 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 WPP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WPP PLC ADR 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.
Correlation analysis and pair trading evaluation for WPP PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for WPP Stock Analysis
When running WPP PLC's price analysis, check to measure WPP PLC'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 WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.