Westrock Co Stock Market Value
| WRK Stock | USD 47.23 0.02 0.04% |
| Symbol | WestRock |
Is WestRock's 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 WestRock. If investors know WestRock 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 WestRock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WestRock is measured differently than its book value, which is the value of WestRock that is recorded on the company's balance sheet. Investors also form their own opinion of WestRock's value that differs from its market value or its book value, called intrinsic value, which is WestRock'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 WestRock's market value can be influenced by many factors that don't directly affect WestRock'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 WestRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if WestRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WestRock'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.
WestRock '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 WestRock'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 WestRock.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in WestRock on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding WestRock Co or generate 0.0% return on investment in WestRock over 30 days. WestRock is related to or competes with Packaging Corp, Sealed Air, Fortive Corp, LKQ, and Zimmer Biomet. WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, S... More
WestRock 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 WestRock'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 WestRock Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.144 | |||
| Maximum Drawdown | 10.42 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.46 |
WestRock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WestRock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WestRock's standard deviation. In reality, there are many statistical measures that can use WestRock historical prices to predict the future WestRock's volatility.| Risk Adjusted Performance | 0.1184 | |||
| Jensen Alpha | 0.2621 | |||
| Total Risk Alpha | 0.162 | |||
| Sortino Ratio | 0.2162 | |||
| Treynor Ratio | 0.7454 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WestRock's 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.
WestRock Backtested Returns
WestRock appears to be very steady, given 3 months investment horizon. WestRock shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for WestRock, which you can use to evaluate the volatility of the company. Please utilize WestRock's Mean Deviation of 1.08, downside deviation of 1.08, and Market Risk Adjusted Performance of 0.7554 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WestRock holds a performance score of 13. The firm maintains a market beta of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WestRock's returns are expected to increase less than the market. However, during the bear market, the loss of holding WestRock is expected to be smaller as well. Please check WestRock's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether WestRock's historical returns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
WestRock Co has poor reverse predictability. Overlapping area represents the amount of predictability between WestRock time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 WestRock price movement. The serial correlation of -0.36 indicates that just about 36.0% of current WestRock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
WestRock lagged returns against current returns
Autocorrelation, which is WestRock 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 WestRock's stock expected returns. We can calculate the autocorrelation of WestRock returns to help us make a trade decision. For example, suppose you find that WestRock 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 |
WestRock 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 WestRock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WestRock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WestRock stock over time.
Current vs Lagged Prices |
| Timeline |
WestRock Lagged Returns
When evaluating WestRock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WestRock stock have on its future price. WestRock 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, WestRock autocorrelation shows the relationship between WestRock stock current value and its past values and can show if there is a momentum factor associated with investing in WestRock Co.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WestRock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WestRock's short interest history, or implied volatility extrapolated from WestRock options trading.
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 WestRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WestRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westrock Co Stock. Highlighted below are key reports to facilitate an investment decision about Westrock Co Stock:Check out WestRock Correlation, WestRock Volatility and WestRock Alpha and Beta module to complement your research on WestRock. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for WestRock Stock analysis
When running WestRock's price analysis, check to measure WestRock'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 WestRock is operating at the current time. Most of WestRock's value examination focuses on studying past and present price action to predict the probability of WestRock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WestRock's price. Additionally, you may evaluate how the addition of WestRock to your portfolios can decrease your overall portfolio volatility.
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WestRock 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.