Werner Enterprises Stock Market Value
| WERN Stock | USD 35.86 0.60 1.70% |
| Symbol | Werner |
Werner Enterprises Price To Book Ratio
Is Werner Enterprises' 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 Werner Enterprises. If investors know Werner 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 Werner Enterprises 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 (0.61) | Dividend Share 0.55 | Earnings Share 1.76 | Revenue Per Share 51.811 | Quarterly Revenue Growth (0.05) |
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' 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 Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' 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 Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' 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.
Werner Enterprises '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 Werner Enterprises' 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 Werner Enterprises.
| 04/26/2023 |
| 04/20/2024 |
If you would invest 0.00 in Werner Enterprises on April 26, 2023 and sell it all today you would earn a total of 0.00 from holding Werner Enterprises or generate 0.0% return on investment in Werner Enterprises over 360 days. Werner Enterprises is related to or competes with Heartland Express, Universal Logistics, PAM Transportation, Schneider National, Marten Transport, Covenant Logistics, and Knight Transportation. Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general... More
Werner Enterprises 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 Werner Enterprises' 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 Werner Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.81 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.26 |
Werner Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Werner Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Werner Enterprises' standard deviation. In reality, there are many statistical measures that can use Werner Enterprises historical prices to predict the future Werner Enterprises' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.1) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Werner Enterprises' 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.
Werner Enterprises Backtested Returns
Werner Enterprises shows Sharpe Ratio of -0.14, which attests that the company had a -0.14% return per unit of risk over the last 3 months. Werner Enterprises exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Werner Enterprises' Mean Deviation of 1.31, market risk adjusted performance of (0.09), and Standard Deviation of 1.68 to validate the risk estimate we provide. The firm maintains a market beta of 1.34, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Werner Enterprises will likely underperform. Werner Enterprises has an expected return of -0.22%. Please make sure to check out Werner Enterprises value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Werner Enterprises performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Werner Enterprises has below average predictability. Overlapping area represents the amount of predictability between Werner Enterprises time series from 26th of April 2023 to 23rd of October 2023 and 23rd of October 2023 to 20th of April 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 Werner Enterprises price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Werner Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 3.56 |
Werner Enterprises lagged returns against current returns
Autocorrelation, which is Werner Enterprises 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 Werner Enterprises' stock expected returns. We can calculate the autocorrelation of Werner Enterprises returns to help us make a trade decision. For example, suppose you find that Werner Enterprises 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 |
Werner Enterprises 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 Werner Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Werner Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Werner Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
Werner Enterprises Lagged Returns
When evaluating Werner Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Werner Enterprises stock have on its future price. Werner Enterprises 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, Werner Enterprises autocorrelation shows the relationship between Werner Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in Werner Enterprises.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Werner Enterprises offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Werner Enterprises' 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 Werner Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Werner Enterprises Stock:Check out Werner Enterprises Correlation, Werner Enterprises Volatility and Werner Enterprises Alpha and Beta module to complement your research on Werner Enterprises. To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Werner Stock analysis
When running Werner Enterprises' price analysis, check to measure Werner Enterprises' 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 Werner Enterprises is operating at the current time. Most of Werner Enterprises' value examination focuses on studying past and present price action to predict the probability of Werner Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Werner Enterprises' price. Additionally, you may evaluate how the addition of Werner Enterprises to your portfolios can decrease your overall portfolio volatility.
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Werner Enterprises 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.