Edgewater Wireless Systems Stock Market Value
| KPIFF Stock | USD 0.03 0 4.61% |
| Symbol | Edgewater |
Edgewater Wireless '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 Edgewater Wireless' 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 Edgewater Wireless.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Edgewater Wireless on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Edgewater Wireless Systems or generate 0.0% return on investment in Edgewater Wireless over 690 days. Edgewater Wireless is related to or competes with Baylin Technologies, Viavi Solutions, SatixFy Communications, Electronic Systems, Lumentum Holdings, NETGEAR, and KVH Industries. Edgewater Wireless Systems Inc. develops and commercializes technologies and intellectual property for the wireless comm... More
Edgewater Wireless 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 Edgewater Wireless' 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 Edgewater Wireless Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.72 | |||
| Information Ratio | 0.0183 | |||
| Maximum Drawdown | 41.89 | |||
| Value At Risk | (15.03) | |||
| Potential Upside | 15.6 |
Edgewater Wireless Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgewater Wireless' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edgewater Wireless' standard deviation. In reality, there are many statistical measures that can use Edgewater Wireless historical prices to predict the future Edgewater Wireless' volatility.| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | 0.1715 | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | 0.0151 | |||
| Treynor Ratio | 0.3031 |
Edgewater Wireless Backtested Returns
Edgewater Wireless appears to be out of control, given 3 months investment horizon. Edgewater Wireless secures Sharpe Ratio (or Efficiency) of 0.039, which denotes the company had a 0.039% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Edgewater Wireless Systems, which you can use to evaluate the volatility of the firm. Please utilize Edgewater Wireless' Mean Deviation of 5.98, coefficient of variation of 3074.0, and Downside Deviation of 10.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Edgewater Wireless holds a performance score of 3. The firm shows a Beta (market volatility) of 0.91, which means possible diversification benefits within a given portfolio. Edgewater Wireless returns are very sensitive to returns on the market. As the market goes up or down, Edgewater Wireless is expected to follow. Please check Edgewater Wireless' information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Edgewater Wireless' price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Edgewater Wireless Systems has insignificant predictability. Overlapping area represents the amount of predictability between Edgewater Wireless time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Edgewater Wireless price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Edgewater Wireless price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Edgewater Wireless lagged returns against current returns
Autocorrelation, which is Edgewater Wireless 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 Edgewater Wireless' pink sheet expected returns. We can calculate the autocorrelation of Edgewater Wireless returns to help us make a trade decision. For example, suppose you find that Edgewater Wireless 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 |
Edgewater Wireless 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 Edgewater Wireless pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edgewater Wireless pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edgewater Wireless pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Edgewater Wireless Lagged Returns
When evaluating Edgewater Wireless' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edgewater Wireless pink sheet have on its future price. Edgewater Wireless 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, Edgewater Wireless autocorrelation shows the relationship between Edgewater Wireless pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Edgewater Wireless Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Edgewater Pink Sheet
Edgewater Wireless financial ratios help investors to determine whether Edgewater 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 Edgewater with respect to the benefits of owning Edgewater Wireless security.