Ondas Holdings Stock Market Value
| ONDS Stock | USD 0.98 0.11 12.64% |
| Symbol | Ondas |
Ondas Holdings Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Ondas Holdings. If investors know Ondas 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 Ondas Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.72) | Revenue Per Share 0.124 | Quarterly Revenue Growth (0.44) | Return On Assets (0.26) | Return On Equity (1.39) |
The market value of Ondas Holdings is measured differently than its book value, which is the value of Ondas that is recorded on the company's balance sheet. Investors also form their own opinion of Ondas Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ondas Holdings' 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 Ondas Holdings' market value can be influenced by many factors that don't directly affect Ondas Holdings' 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 Ondas Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ondas Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ondas Holdings' 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.
Ondas Holdings '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 Ondas Holdings' 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 Ondas Holdings.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Ondas Holdings on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Ondas Holdings or generate 0.0% return on investment in Ondas Holdings over 30 days. Ondas Holdings is related to or competes with Mobilicom Limited, Siyata Mobile, SatixFy Communications, Actelis Networks, CAMP4 THERAPEUTICS, Frequency Electronics, and Digi International. Ondas Holdings Inc., through its subsidiaries, provides private wireless, drone, and automated data solutions More
Ondas Holdings 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 Ondas Holdings' 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 Ondas Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.48 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 26.83 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 12.2 |
Ondas Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ondas Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ondas Holdings' standard deviation. In reality, there are many statistical measures that can use Ondas Holdings historical prices to predict the future Ondas Holdings' volatility.| Risk Adjusted Performance | 0.0681 | |||
| Jensen Alpha | 0.1635 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.068 | |||
| Treynor Ratio | 0.2052 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ondas Holdings' 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.
Ondas Holdings Backtested Returns
Ondas Holdings appears to be extremely dangerous, given 3 months investment horizon. Ondas Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0628, which implies the firm had a 0.0628% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ondas Holdings, which you can use to evaluate the volatility of the company. Please evaluate Ondas Holdings' Risk Adjusted Performance of 0.0681, semi deviation of 3.68, and Coefficient Of Variation of 1286.24 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ondas Holdings holds a performance score of 4. The company holds a Beta of 2.11, which implies 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, Ondas Holdings will likely underperform. Please check Ondas Holdings' jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Ondas Holdings' historical price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Ondas Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ondas Holdings time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Ondas Holdings price movement. The serial correlation of -0.2 indicates that over 20.0% of current Ondas Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ondas Holdings lagged returns against current returns
Autocorrelation, which is Ondas Holdings 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 Ondas Holdings' stock expected returns. We can calculate the autocorrelation of Ondas Holdings returns to help us make a trade decision. For example, suppose you find that Ondas Holdings 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 |
Ondas Holdings 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 Ondas Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ondas Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ondas Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Ondas Holdings Lagged Returns
When evaluating Ondas Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ondas Holdings stock have on its future price. Ondas Holdings 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, Ondas Holdings autocorrelation shows the relationship between Ondas Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Ondas Holdings.
Regressed Prices |
| Timeline |
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Additional Tools for Ondas Stock Analysis
When running Ondas Holdings' price analysis, check to measure Ondas Holdings' 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 Ondas Holdings is operating at the current time. Most of Ondas Holdings' value examination focuses on studying past and present price action to predict the probability of Ondas Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ondas Holdings' price. Additionally, you may evaluate how the addition of Ondas Holdings to your portfolios can decrease your overall portfolio volatility.