Alphawave Ip Group Stock Market Value
| AWEVF Stock | USD 1.15 0.09 7.26% |
| Symbol | Alphawave |
Alphawave '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 Alphawave's pink sheet 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 Alphawave.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Alphawave on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Alphawave IP Group or generate 0.0% return on investment in Alphawave over 30 days. Alphawave is related to or competes with Arteris, Rohm Co, Ams AG, Intchains Group, Guerrilla, and NVE. Alphawave IP Group plc designs, develops, and sells connectivity solutions More
Alphawave 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 Alphawave's pink sheet 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 Alphawave IP Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 37.22 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.39 |
Alphawave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alphawave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alphawave's standard deviation. In reality, there are many statistical measures that can use Alphawave historical prices to predict the future Alphawave's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alphawave'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.
Alphawave IP Group Backtested Returns
Alphawave IP Group secures Sharpe Ratio (or Efficiency) of -0.0236, which signifies that the company had a -0.0236% return per unit of risk over the last 3 months. Alphawave IP Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alphawave's Mean Deviation of 4.39, risk adjusted performance of (0.05), and Standard Deviation of 6.42 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.54, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alphawave will likely underperform. At this point, Alphawave IP Group has a negative expected return of -0.14%. Please make sure to confirm Alphawave's day typical price, relative strength index, as well as the relationship between the accumulation distribution and value at risk , to decide if Alphawave IP Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Alphawave IP Group has virtually no predictability. Overlapping area represents the amount of predictability between Alphawave time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Alphawave IP Group price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Alphawave price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Alphawave IP Group lagged returns against current returns
Autocorrelation, which is Alphawave pink sheet'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 Alphawave's pink sheet expected returns. We can calculate the autocorrelation of Alphawave returns to help us make a trade decision. For example, suppose you find that Alphawave has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Alphawave 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 Alphawave pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alphawave pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alphawave pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alphawave Lagged Returns
When evaluating Alphawave's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alphawave pink sheet have on its future price. Alphawave 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, Alphawave autocorrelation shows the relationship between Alphawave pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alphawave IP Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alphawave Pink Sheet
Alphawave financial ratios help investors to determine whether Alphawave Pink Sheet 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 Alphawave with respect to the benefits of owning Alphawave security.