Werner Stock Market Value

WERN
 Stock
  

USD 38.61  0.12  0.31%   

Werner Enterprise's market value is the price at which a share of Werner Enterprise stock trades on a public exchange. It measures the collective expectations of Werner Enterprise investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Werner Enterprise and determine expected loss or profit from investing in Werner Enterprise over a given investment horizon. Check out Werner Enterprise Correlation, Werner Enterprise Volatility and Werner Enterprise Alpha and Beta module to complement your research on Werner Enterprise.
Symbol


Is Werner Enterprise'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 Werner Enterprise. 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 Enterprise 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 Werner Enterprise 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 Enterprise's value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprise'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 Werner Enterprise's market value can be influenced by many factors that don't directly affect Werner Enterprise'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 Werner Enterprise's value and its price as these two are different measures arrived at by different means. Investors typically determine Werner Enterprise value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprise'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.

Werner Enterprise '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 Enterprise'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 Werner Enterprise.
0.00
08/29/2022
No Change 0.00  0.0 
In 30 days
09/28/2022
0.00
If you would invest  0.00  in Werner Enterprise on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding Werner Enterprise or generate 0.0% return on investment in Werner Enterprise over 30 days. Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general... More

Werner Enterprise 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 Enterprise'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 Werner Enterprise upside and downside potential and time the market with a certain degree of confidence.

Werner Enterprise Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Werner Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Werner Enterprise's standard deviation. In reality, there are many statistical measures that can use Werner Enterprise historical prices to predict the future Werner Enterprise's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Werner Enterprise'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. Please use the tools below to analyze the current value of Werner Enterprise in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
36.8838.6340.38
Details
Intrinsic
Valuation
LowReal ValueHigh
34.7546.7148.46
Details
Naive
Forecast
LowNext ValueHigh
37.0338.7840.53
Details
11 Analysts
Consensus
LowTarget PriceHigh
44.0053.3370.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Werner Enterprise. Your research has to be compared to or analyzed against Werner Enterprise's peers to derive any actionable benefits. When done correctly, Werner Enterprise's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Werner Enterprise.

Werner Enterprise Backtested Returns

We consider Werner Enterprise very steady. Werner Enterprise shows Sharpe Ratio of 0.0102, which attests that the company had 0.0102% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Werner Enterprise, which you can use to evaluate the future volatility of the company. Please check out Werner Enterprise Downside Deviation of 1.65, market risk adjusted performance of (0.50), and Mean Deviation of 1.32 to validate if the risk estimate we provide is consistent with the expected return of 0.0178%.
The firm maintains a market beta of -0.068, which attests to not very significant fluctuations relative to the market. Let's try to break down what Werner's beta means in this case. As returns on the market increase, returns on owning Werner Enterprise are expected to decrease at a much lower rate. During the bear market, Werner Enterprise is likely to outperform the market. Although it is important to respect Werner Enterprise historical price patterns, it is better to be realistic regarding the information on the equity's current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining Werner Enterprise technical indicators, you can presently evaluate if the expected return of 0.0178% will be sustainable into the future. Werner Enterprise right now maintains a risk of 1.75%. Please check out Werner Enterprise downside variance, as well as the relationship between the accumulation distribution and market facilitation index to decide if Werner Enterprise will be following its historical returns.

Auto-correlation

    
  0.57  

Modest predictability

Werner Enterprise has modest predictability. Overlapping area represents the amount of predictability between Werner Enterprise time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 2022. 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 Enterprise price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Werner Enterprise price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.36
Residual Average0.0
Price Variance0.31

Werner Enterprise lagged returns against current returns

Autocorrelation, which is Werner Enterprise 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 Enterprise's stock expected returns. We can calculate the autocorrelation of Werner Enterprise returns to help us make a trade decision. For example, suppose you find that Werner Enterprise stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Werner Enterprise 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 Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Werner Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Werner Enterprise stock over time.
   Current vs Lagged Prices   
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       Timeline  

Werner Enterprise Lagged Returns

When evaluating Werner Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Werner Enterprise stock have on its future price. Werner Enterprise 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 Enterprise autocorrelation shows the relationship between Werner Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in Werner Enterprise.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Werner Enterprise without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out Werner Enterprise Correlation, Werner Enterprise Volatility and Werner Enterprise Alpha and Beta module to complement your research on Werner Enterprise. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for analysis

When running Werner Enterprise price analysis, check to measure Werner Enterprise'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 Werner Enterprise is operating at the current time. Most of Werner Enterprise's value examination focuses on studying past and present price action to predict the probability of Werner Enterprise's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Werner Enterprise's price. Additionally, you may evaluate how the addition of Werner Enterprise to your portfolios can decrease your overall portfolio volatility.
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Werner Enterprise 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.
A focus of Werner Enterprise technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Werner Enterprise trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...