Edgewater Wireless Systems Stock Market Value
| YFI Stock | CAD 0.07 0.01 7.14% |
| Symbol | Edgewater |
Edgewater Wireless Price To Book Ratio
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' 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 Edgewater Wireless.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Edgewater Wireless on January 1, 2025 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 60 days. 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' 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 Edgewater Wireless Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.12 | |||
| Information Ratio | 0.137 | |||
| Maximum Drawdown | 54.29 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 25.0 |
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 | 0.1094 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 1.92 | |||
| Sortino Ratio | 0.1122 | |||
| Treynor Ratio | (1.48) |
Edgewater Wireless Backtested Returns
Edgewater Wireless is out of control given 3 months investment horizon. Edgewater Wireless secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use Edgewater Wireless Coefficient Of Variation of 736.08, downside deviation of 14.12, and Mean Deviation of 7.74 to evaluate company specific risk that cannot be diversified away. Edgewater Wireless holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.06, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Edgewater Wireless are expected to decrease slowly. On the other hand, during market turmoil, Edgewater Wireless is expected to outperform it slightly. Use Edgewater Wireless sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Edgewater Wireless.
Auto-correlation | 0.37 |
Below average predictability
Edgewater Wireless Systems has below average predictability. Overlapping area represents the amount of predictability between Edgewater Wireless time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. 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 0.37 indicates that just about 37.0% of current Edgewater Wireless price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Edgewater Wireless lagged returns against current returns
Autocorrelation, which is Edgewater Wireless 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 Edgewater Wireless' stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edgewater Wireless stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edgewater Wireless stock 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 stock 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 stock 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 |
Thematic Opportunities
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Additional Tools for Edgewater Stock Analysis
When running Edgewater Wireless' price analysis, check to measure Edgewater Wireless' 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 Edgewater Wireless is operating at the current time. Most of Edgewater Wireless' value examination focuses on studying past and present price action to predict the probability of Edgewater Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewater Wireless' price. Additionally, you may evaluate how the addition of Edgewater Wireless to your portfolios can decrease your overall portfolio volatility.