Aqua Metals Stock Market Value
| AQMS Stock | USD 2.66 0.50 23.15% |
| Symbol | Aqua |
Aqua Metals Price To Book Ratio
Is Environmental & Facilities Services 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 Aqua Metals. If investors know Aqua 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 Aqua Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.65) | Revenue Per Share 0.005 | Quarterly Revenue Growth (1.00) | Return On Assets (0.50) | Return On Equity (1.29) |
The market value of Aqua Metals is measured differently than its book value, which is the value of Aqua that is recorded on the company's balance sheet. Investors also form their own opinion of Aqua Metals' value that differs from its market value or its book value, called intrinsic value, which is Aqua Metals' 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 Aqua Metals' market value can be influenced by many factors that don't directly affect Aqua Metals' 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 Aqua Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aqua Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aqua Metals' 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.
Aqua Metals '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 Aqua Metals' 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 Aqua Metals.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Aqua Metals on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Aqua Metals or generate 0.0% return on investment in Aqua Metals over 720 days. Aqua Metals is related to or competes with LanzaTech Global, Waste Management, Clean Harbors, Casella Waste, Montrose Environmental, Waste Connections, and Gfl Environmental. Aqua Metals, Inc. engages in the recycling of lead primarily in the United States More
Aqua Metals 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 Aqua Metals' 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 Aqua Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 26.8 | |||
| Value At Risk | (8.92) | |||
| Potential Upside | 9.59 |
Aqua Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqua Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqua Metals' standard deviation. In reality, there are many statistical measures that can use Aqua Metals historical prices to predict the future Aqua Metals' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.22) | |||
| Total Risk Alpha | (2.02) | |||
| Treynor Ratio | (0.65) |
Aqua Metals Backtested Returns
Aqua Metals secures Sharpe Ratio (or Efficiency) of -0.0896, which signifies that the company had a -0.0896% return per unit of risk over the last 3 months. Aqua Metals exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aqua Metals' Risk Adjusted Performance of (0.11), standard deviation of 6.35, and Mean Deviation of 4.31 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.59, 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, Aqua Metals will likely underperform. At this point, Aqua Metals has a negative expected return of -0.64%. Please make sure to confirm Aqua Metals' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Aqua Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Aqua Metals has very weak reverse predictability. Overlapping area represents the amount of predictability between Aqua Metals time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Aqua Metals price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Aqua Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 16.88 |
Aqua Metals lagged returns against current returns
Autocorrelation, which is Aqua Metals 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 Aqua Metals' stock expected returns. We can calculate the autocorrelation of Aqua Metals returns to help us make a trade decision. For example, suppose you find that Aqua Metals 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 |
Aqua Metals 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 Aqua Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqua Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aqua Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Aqua Metals Lagged Returns
When evaluating Aqua Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqua Metals stock have on its future price. Aqua Metals 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, Aqua Metals autocorrelation shows the relationship between Aqua Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Aqua Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aqua Stock Analysis
When running Aqua Metals' price analysis, check to measure Aqua Metals' 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 Aqua Metals is operating at the current time. Most of Aqua Metals' value examination focuses on studying past and present price action to predict the probability of Aqua Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aqua Metals' price. Additionally, you may evaluate how the addition of Aqua Metals to your portfolios can decrease your overall portfolio volatility.