Aquabounty Technologies Stock Market Value
| AQB Stock | USD 0.71 0.22 23.66% |
| Symbol | AquaBounty |
AquaBounty Technologies Price To Book Ratio
Is Biotechnology space 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 AquaBounty Technologies. If investors know AquaBounty 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 AquaBounty Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (19.06) | Revenue Per Share 0.326 | Quarterly Revenue Growth (0.94) | Return On Assets (0.09) | Return On Equity (0.54) |
The market value of AquaBounty Technologies is measured differently than its book value, which is the value of AquaBounty that is recorded on the company's balance sheet. Investors also form their own opinion of AquaBounty Technologies' value that differs from its market value or its book value, called intrinsic value, which is AquaBounty Technologies' 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 AquaBounty Technologies' market value can be influenced by many factors that don't directly affect AquaBounty Technologies' 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 AquaBounty Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if AquaBounty Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AquaBounty Technologies' 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.
AquaBounty Technologies '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 AquaBounty Technologies' 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 AquaBounty Technologies.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in AquaBounty Technologies on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding AquaBounty Technologies or generate 0.0% return on investment in AquaBounty Technologies over 30 days. AquaBounty Technologies is related to or competes with Adecoagro, Local Bounti, Forafric Global, Australian Agricultural, Forafric Global, AgriFORCE Growing, and Limoneira. AquaBounty Technologies, Inc., a biotechnology company, focuses on enhancing productivity in the commercial aquaculture ... More
AquaBounty Technologies 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 AquaBounty Technologies' 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 AquaBounty Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 34.19 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 7.95 |
AquaBounty Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AquaBounty Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AquaBounty Technologies' standard deviation. In reality, there are many statistical measures that can use AquaBounty Technologies historical prices to predict the future AquaBounty Technologies' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.40) |
AquaBounty Technologies Backtested Returns
AquaBounty Technologies secures Sharpe Ratio (or Efficiency) of -0.0609, which signifies that the company had a -0.0609% return per unit of risk over the last 3 months. AquaBounty Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AquaBounty Technologies' Risk Adjusted Performance of (0.02), standard deviation of 5.85, and Mean Deviation of 3.88 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AquaBounty Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding AquaBounty Technologies is expected to be smaller as well. At this point, AquaBounty Technologies has a negative expected return of -0.36%. Please make sure to confirm AquaBounty Technologies' potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if AquaBounty Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
AquaBounty Technologies has virtually no predictability. Overlapping area represents the amount of predictability between AquaBounty Technologies time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 AquaBounty Technologies price movement. The serial correlation of 0.03 indicates that only 3.0% of current AquaBounty Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AquaBounty Technologies lagged returns against current returns
Autocorrelation, which is AquaBounty Technologies 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 AquaBounty Technologies' stock expected returns. We can calculate the autocorrelation of AquaBounty Technologies returns to help us make a trade decision. For example, suppose you find that AquaBounty Technologies 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 |
AquaBounty Technologies 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 AquaBounty Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AquaBounty Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AquaBounty Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
AquaBounty Technologies Lagged Returns
When evaluating AquaBounty Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AquaBounty Technologies stock have on its future price. AquaBounty Technologies 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, AquaBounty Technologies autocorrelation shows the relationship between AquaBounty Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in AquaBounty Technologies.
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.When determining whether AquaBounty Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AquaBounty Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aquabounty Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aquabounty Technologies Stock:Check out AquaBounty Technologies Correlation, AquaBounty Technologies Volatility and AquaBounty Technologies Alpha and Beta module to complement your research on AquaBounty Technologies. For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
AquaBounty Technologies 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.