Enwave Stock Market Value
| ENW Stock | CAD 0.40 0.01 2.56% |
| Symbol | EnWave |
EnWave '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 EnWave'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 EnWave.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in EnWave on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding EnWave or generate 0.0% return on investment in EnWave over 180 days. EnWave is related to or competes with PyroGenesis Canada, Greenlane Renewables, Ecolomondo Corp, Vitreous Glass, BioRem, Reko International, and CHAR Technologies. EnWave Corporation licenses, builds, and installs commercial-scale dehydration platforms for applications in the food, p... More
EnWave 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 EnWave'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 EnWave upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.8 | |||
| Information Ratio | 0.0191 | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 5.88 |
EnWave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnWave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnWave's standard deviation. In reality, there are many statistical measures that can use EnWave historical prices to predict the future EnWave's volatility.| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.1433 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0164 | |||
| Treynor Ratio | 1.11 |
EnWave Backtested Returns
At this stage we consider EnWave Stock to be out of control. EnWave secures Sharpe Ratio (or Efficiency) of 0.0399, which denotes the company had a 0.0399 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for EnWave, which you can use to evaluate the volatility of the firm. Please confirm EnWave's Mean Deviation of 2.7, market risk adjusted performance of 1.12, and Downside Deviation of 4.8 to check if the risk estimate we provide is consistent with the expected return of 0.16%. EnWave has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, EnWave's returns are expected to increase less than the market. However, during the bear market, the loss of holding EnWave is expected to be smaller as well. EnWave right now shows a risk of 4.11%. Please confirm EnWave value at risk and the relationship between the expected short fall and market facilitation index , to decide if EnWave will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
EnWave has weak reverse predictability. Overlapping area represents the amount of predictability between EnWave time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 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 EnWave price movement. The serial correlation of -0.23 indicates that over 23.0% of current EnWave price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EnWave lagged returns against current returns
Autocorrelation, which is EnWave 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 EnWave's stock expected returns. We can calculate the autocorrelation of EnWave returns to help us make a trade decision. For example, suppose you find that EnWave 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 |
EnWave 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 EnWave stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnWave stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnWave stock over time.
Current vs Lagged Prices |
| Timeline |
EnWave Lagged Returns
When evaluating EnWave's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnWave stock have on its future price. EnWave 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, EnWave autocorrelation shows the relationship between EnWave stock current value and its past values and can show if there is a momentum factor associated with investing in EnWave.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EnWave Stock Analysis
When running EnWave's price analysis, check to measure EnWave'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 EnWave is operating at the current time. Most of EnWave's value examination focuses on studying past and present price action to predict the probability of EnWave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnWave's price. Additionally, you may evaluate how the addition of EnWave to your portfolios can decrease your overall portfolio volatility.