Brainsway Stock Market Value
| BWAY Stock | USD 9.87 0.19 1.96% |
| Symbol | Brainsway |
Brainsway Price To Book Ratio
Is Health Care Equipment & Supplies 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 Brainsway. If investors know Brainsway 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 Brainsway listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.08 | Revenue Per Share 2.152 | Quarterly Revenue Growth 0.278 | Return On Assets 0.0073 | Return On Equity 0.0144 |
The market value of Brainsway is measured differently than its book value, which is the value of Brainsway that is recorded on the company's balance sheet. Investors also form their own opinion of Brainsway's value that differs from its market value or its book value, called intrinsic value, which is Brainsway'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 Brainsway's market value can be influenced by many factors that don't directly affect Brainsway'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 Brainsway's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brainsway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brainsway'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.
Brainsway '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 Brainsway'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 Brainsway.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Brainsway on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Brainsway or generate 0.0% return on investment in Brainsway over 30 days. Brainsway is related to or competes with Profound Medical, Si Bone, Sight Sciences, Nevro Corp, Paragon 28, Orthopediatrics Corp, and Orthofix Medical. Brainsway Ltd. develops and sells noninvasive neurostimulation treatments for mental health disorders in the United Stat... More
Brainsway 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 Brainsway'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 Brainsway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.0748 | |||
| Maximum Drawdown | 24.68 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.42 |
Brainsway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brainsway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brainsway's standard deviation. In reality, there are many statistical measures that can use Brainsway historical prices to predict the future Brainsway's volatility.| Risk Adjusted Performance | 0.0954 | |||
| Jensen Alpha | 0.2277 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 0.3114 |
Brainsway Backtested Returns
Brainsway appears to be somewhat reliable, given 3 months investment horizon. Brainsway secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of standard deviation over the last 3 months. By analyzing Brainsway's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Brainsway's mean deviation of 2.41, and Risk Adjusted Performance of 0.0954 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brainsway holds a performance score of 11. The firm shows a Beta (market volatility) of 1.24, 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, Brainsway will likely underperform. Please check Brainsway's coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Brainsway's price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
Brainsway has virtually no predictability. Overlapping area represents the amount of predictability between Brainsway time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Brainsway price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Brainsway price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Brainsway lagged returns against current returns
Autocorrelation, which is Brainsway 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 Brainsway's stock expected returns. We can calculate the autocorrelation of Brainsway returns to help us make a trade decision. For example, suppose you find that Brainsway 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 |
Brainsway 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 Brainsway stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brainsway stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brainsway stock over time.
Current vs Lagged Prices |
| Timeline |
Brainsway Lagged Returns
When evaluating Brainsway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brainsway stock have on its future price. Brainsway 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, Brainsway autocorrelation shows the relationship between Brainsway stock current value and its past values and can show if there is a momentum factor associated with investing in Brainsway.
Regressed Prices |
| Timeline |
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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.Additional Tools for Brainsway Stock Analysis
When running Brainsway's price analysis, check to measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.