Wintrust Financial Corp Preferred Stock Market Value
| WTFCP Preferred Stock | USD 25.22 0.05 0.20% |
| Symbol | Wintrust |
Wintrust Financial '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 Wintrust Financial's preferred 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 Wintrust Financial.
| 10/14/2023 |
| 11/07/2024 |
If you would invest 0.00 in Wintrust Financial on October 14, 2023 and sell it all today you would earn a total of 0.00 from holding Wintrust Financial Corp or generate 0.0% return on investment in Wintrust Financial over 390 days. Wintrust Financial is related to or competes with Capital One, Capital One, and Bank of America. Wintrust Financial Corporation operates as a financial holding company More
Wintrust Financial 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 Wintrust Financial's preferred 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 Wintrust Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1906 | |||
| Information Ratio | (0.79) | |||
| Maximum Drawdown | 0.8038 | |||
| Value At Risk | (0.24) | |||
| Potential Upside | 0.3265 |
Wintrust Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wintrust Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wintrust Financial's standard deviation. In reality, there are many statistical measures that can use Wintrust Financial historical prices to predict the future Wintrust Financial's volatility.| Risk Adjusted Performance | 0.1487 | |||
| Jensen Alpha | 0.0216 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.72) | |||
| Treynor Ratio | 0.5822 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wintrust Financial'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.
Wintrust Financial Corp Backtested Returns
Currently, Wintrust Financial Corp is very steady. Wintrust Financial Corp shows Sharpe Ratio of 0.27, which attests that the company had a 0.27% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wintrust Financial Corp, which you can use to evaluate the volatility of the company. Please check out Wintrust Financial's Mean Deviation of 0.1317, coefficient of variation of 427.17, and Market Risk Adjusted Performance of 0.5922 to validate if the risk estimate we provide is consistent with the expected return of 0.0448%. Wintrust Financial has a performance score of 21 on a scale of 0 to 100. The firm maintains a market beta of 0.0521, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wintrust Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wintrust Financial is expected to be smaller as well. Wintrust Financial Corp right now maintains a risk of 0.16%. Please check out Wintrust Financial Corp potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Wintrust Financial Corp will be following its historical returns.
Auto-correlation | 0.81 |
Very good predictability
Wintrust Financial Corp has very good predictability. Overlapping area represents the amount of predictability between Wintrust Financial time series from 14th of October 2023 to 26th of April 2024 and 26th of April 2024 to 7th 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 Wintrust Financial Corp price movement. The serial correlation of 0.81 indicates that around 81.0% of current Wintrust Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Wintrust Financial Corp lagged returns against current returns
Autocorrelation, which is Wintrust Financial preferred 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 Wintrust Financial's preferred stock expected returns. We can calculate the autocorrelation of Wintrust Financial returns to help us make a trade decision. For example, suppose you find that Wintrust Financial has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Wintrust Financial 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 Wintrust Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wintrust Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wintrust Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Wintrust Financial Lagged Returns
When evaluating Wintrust Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wintrust Financial preferred stock have on its future price. Wintrust Financial 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, Wintrust Financial autocorrelation shows the relationship between Wintrust Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Wintrust Financial Corp.
Regressed Prices |
| Timeline |
Pair Trading with Wintrust Financial
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 Wintrust Financial 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 Wintrust Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Wintrust Preferred Stock
| 0.83 | DB | Deutsche Bank AG Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Wintrust Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wintrust Financial 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 Wintrust Financial - 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 Wintrust Financial Corp to buy it.
The correlation of Wintrust Financial 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 Wintrust Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wintrust Financial Corp 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 Wintrust Financial 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 Wintrust Preferred Stock Analysis
When running Wintrust Financial's price analysis, check to measure Wintrust Financial'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 Wintrust Financial is operating at the current time. Most of Wintrust Financial's value examination focuses on studying past and present price action to predict the probability of Wintrust Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wintrust Financial's price. Additionally, you may evaluate how the addition of Wintrust Financial to your portfolios can decrease your overall portfolio volatility.