Whitefield Industrials (Australia) Market Value
| WHF Stock | 5.60 0.01 0.18% |
| Symbol | Whitefield |
Whitefield Industrials '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 Whitefield Industrials' 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 Whitefield Industrials.
| 07/29/2023 |
| 07/18/2025 |
If you would invest 0.00 in Whitefield Industrials on July 29, 2023 and sell it all today you would earn a total of 0.00 from holding Whitefield Industrials or generate 0.0% return on investment in Whitefield Industrials over 720 days. Whitefield Industrials is related to or competes with Hastings Technology, Ainsworth Game, and Centuria Office. More
Whitefield Industrials 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 Whitefield Industrials' 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 Whitefield Industrials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9313 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.42 |
Whitefield Industrials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Whitefield Industrials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Whitefield Industrials' standard deviation. In reality, there are many statistical measures that can use Whitefield Industrials historical prices to predict the future Whitefield Industrials' volatility.| Risk Adjusted Performance | 0.0998 | |||
| Jensen Alpha | 0.0783 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 2.16 |
Whitefield Industrials Backtested Returns
Currently, Whitefield Industrials is not too volatile. Whitefield Industrials shows Sharpe Ratio of 0.11, which attests that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Whitefield Industrials, which you can use to evaluate the volatility of the company. Please check out Whitefield Industrials' Market Risk Adjusted Performance of 2.17, downside deviation of 0.9313, and Mean Deviation of 0.697 to validate if the risk estimate we provide is consistent with the expected return of 0.0941%. Whitefield Industrials has a performance score of 8 on a scale of 0 to 100. The firm maintains a market beta of 0.0389, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Whitefield Industrials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Whitefield Industrials is expected to be smaller as well. Whitefield Industrials right now maintains a risk of 0.88%. Please check out Whitefield Industrials standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Whitefield Industrials will be following its historical returns.
Auto-correlation | 0.24 |
Weak predictability
Whitefield Industrials has weak predictability. Overlapping area represents the amount of predictability between Whitefield Industrials time series from 29th of July 2023 to 23rd of July 2024 and 23rd of July 2024 to 18th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Whitefield Industrials price movement. The serial correlation of 0.24 indicates that over 24.0% of current Whitefield Industrials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Whitefield Industrials lagged returns against current returns
Autocorrelation, which is Whitefield Industrials 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 Whitefield Industrials' stock expected returns. We can calculate the autocorrelation of Whitefield Industrials returns to help us make a trade decision. For example, suppose you find that Whitefield Industrials 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 |
Whitefield Industrials 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 Whitefield Industrials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Whitefield Industrials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Whitefield Industrials stock over time.
Current vs Lagged Prices |
| Timeline |
Whitefield Industrials Lagged Returns
When evaluating Whitefield Industrials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Whitefield Industrials stock have on its future price. Whitefield Industrials 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, Whitefield Industrials autocorrelation shows the relationship between Whitefield Industrials stock current value and its past values and can show if there is a momentum factor associated with investing in Whitefield Industrials.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Whitefield Stock Analysis
When running Whitefield Industrials' price analysis, check to measure Whitefield Industrials' 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 Whitefield Industrials is operating at the current time. Most of Whitefield Industrials' value examination focuses on studying past and present price action to predict the probability of Whitefield Industrials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitefield Industrials' price. Additionally, you may evaluate how the addition of Whitefield Industrials to your portfolios can decrease your overall portfolio volatility.