Workspace Group (UK) Market Value
| WKP Stock | 394.00 2.50 0.64% |
| Symbol | Workspace |
Workspace Group '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 Workspace Group'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 Workspace Group.
| 04/08/2025 |
| 07/07/2025 |
If you would invest 0.00 in Workspace Group on April 8, 2025 and sell it all today you would earn a total of 0.00 from holding Workspace Group PLC or generate 0.0% return on investment in Workspace Group over 90 days. Workspace Group is related to or competes with Pets At, AcadeMedia, Travel Leisure, Everyman Media, and G5 Entertainment. Workspace Group is entity of United Kingdom More
Workspace Group 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 Workspace Group'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 Workspace Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 3.34 |
Workspace Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Workspace Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Workspace Group's standard deviation. In reality, there are many statistical measures that can use Workspace Group historical prices to predict the future Workspace Group's volatility.| Risk Adjusted Performance | 0.0157 | |||
| Jensen Alpha | 0.0286 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.04) |
Workspace Group PLC Backtested Returns
At this point, Workspace Group is very steady. Workspace Group PLC shows Sharpe Ratio of 0.0328, which attests that the company had a 0.0328 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Workspace Group PLC, which you can use to evaluate the volatility of the company. Please check out Workspace Group's Downside Deviation of 2.56, mean deviation of 1.61, and Market Risk Adjusted Performance of (0.03) to validate if the risk estimate we provide is consistent with the expected return of 0.0642%. Workspace Group has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Workspace Group are expected to decrease at a much lower rate. During the bear market, Workspace Group is likely to outperform the market. Workspace Group PLC right now maintains a risk of 1.96%. Please check out Workspace Group PLC kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to decide if Workspace Group PLC will be following its historical returns.
Auto-correlation | 0.28 |
Poor predictability
Workspace Group PLC has poor predictability. Overlapping area represents the amount of predictability between Workspace Group time series from 8th of April 2025 to 23rd of May 2025 and 23rd of May 2025 to 7th 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 Workspace Group PLC price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Workspace Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 47.48 |
Workspace Group PLC lagged returns against current returns
Autocorrelation, which is Workspace Group 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 Workspace Group's stock expected returns. We can calculate the autocorrelation of Workspace Group returns to help us make a trade decision. For example, suppose you find that Workspace Group 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 |
Workspace Group 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 Workspace Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Workspace Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Workspace Group stock over time.
Current vs Lagged Prices |
| Timeline |
Workspace Group Lagged Returns
When evaluating Workspace Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Workspace Group stock have on its future price. Workspace Group 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, Workspace Group autocorrelation shows the relationship between Workspace Group stock current value and its past values and can show if there is a momentum factor associated with investing in Workspace Group PLC.
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.Other Information on Investing in Workspace Stock
Workspace Group financial ratios help investors to determine whether Workspace 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 Workspace with respect to the benefits of owning Workspace Group security.