Kwesst Micro Systems Stock Market Value
| KWE Stock | 0.71 0.09 11.25% |
| Symbol | KWESST |
KWESST Micro Systems Price To Book Ratio
Is Industrial Machinery & Supplies & 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 KWESST Micro. If investors know KWESST 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 KWESST Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.19) | Revenue Per Share 2.384 | Quarterly Revenue Growth 1.193 | Return On Assets (0.78) | Return On Equity (2.22) |
The market value of KWESST Micro Systems is measured differently than its book value, which is the value of KWESST that is recorded on the company's balance sheet. Investors also form their own opinion of KWESST Micro's value that differs from its market value or its book value, called intrinsic value, which is KWESST Micro's 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 KWESST Micro's market value can be influenced by many factors that don't directly affect KWESST Micro's 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 KWESST Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if KWESST Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KWESST Micro's 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.
KWESST Micro '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 KWESST Micro'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 KWESST Micro.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in KWESST Micro on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding KWESST Micro Systems or generate 0.0% return on investment in KWESST Micro over 30 days. KWESST Micro is related to or competes with Ducommun Incorporated, Park Electrochemical, National Presto, and Woodward. KWESST Micro is entity of United States. It is traded as Stock on NASDAQ exchange. More
KWESST Micro 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 KWESST Micro'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 KWESST Micro Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 153.32 | |||
| Value At Risk | (15.56) | |||
| Potential Upside | 12.84 |
KWESST Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KWESST Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KWESST Micro's standard deviation. In reality, there are many statistical measures that can use KWESST Micro historical prices to predict the future KWESST Micro's volatility.| Risk Adjusted Performance | 0.0044 | |||
| Jensen Alpha | 0.0619 | |||
| Total Risk Alpha | (2.62) | |||
| Treynor Ratio | 0.0763 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KWESST Micro's 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.
KWESST Micro Systems Backtested Returns
KWESST Micro Systems has Sharpe Ratio of -0.0071, which conveys that the firm had a -0.0071% return per unit of risk over the last 3 months. KWESST Micro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KWESST Micro's risk adjusted performance of 0.0044, and Mean Deviation of 7.51 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.58, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning KWESST Micro are expected to decrease by larger amounts. On the other hand, during market turmoil, KWESST Micro is expected to outperform it. At this point, KWESST Micro Systems has a negative expected return of -0.12%. Please make sure to verify KWESST Micro's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if KWESST Micro Systems performance from the past will be repeated at future time.
Auto-correlation | -0.35 |
Poor reverse predictability
KWESST Micro Systems has poor reverse predictability. Overlapping area represents the amount of predictability between KWESST Micro time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 KWESST Micro Systems price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current KWESST Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
KWESST Micro Systems lagged returns against current returns
Autocorrelation, which is KWESST Micro 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 KWESST Micro's stock expected returns. We can calculate the autocorrelation of KWESST Micro returns to help us make a trade decision. For example, suppose you find that KWESST Micro 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 |
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KWESST Micro 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 KWESST Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KWESST Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KWESST Micro stock over time.
Current vs Lagged Prices |
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KWESST Micro Lagged Returns
When evaluating KWESST Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KWESST Micro stock have on its future price. KWESST Micro 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, KWESST Micro autocorrelation shows the relationship between KWESST Micro stock current value and its past values and can show if there is a momentum factor associated with investing in KWESST Micro Systems.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether KWESST Micro Systems is a strong investment it is important to analyze KWESST Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KWESST Micro's future performance. For an informed investment choice regarding KWESST Stock, refer to the following important reports:Check out KWESST Micro Correlation, KWESST Micro Volatility and KWESST Micro Alpha and Beta module to complement your research on KWESST Micro. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
KWESST Micro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.